Principles and guidelines
Concordia Maritime's Board and management have jointly formulated and adopted a framework that defines guidelines on how Concordia Maritime should act as a responsible company and employer. The framework consists of the Company’s sustainability policy and code of conduct as well as the external principles and recommendations that Concordia Maritime has undertaken to follow.
The sustainability policy describes Concordia Maritime’s overall approach to sustainability and the overall principles for control and monitoring of sustainability work.
Code of Conduct
The Code of Conduct describes Concordia Maritime’s guidelines for suppliers and partners. It also describes the relationship with employees, business partners and other
stakeholders, and the attitude to gifts and bribes. The Code applies to all members of boards and all employees without exception, and training in the Code is compulsory for all employees.
Concordia Maritime follows both the UN Global Compact Initiative and the Universal Declaration of Human Rights. The Global Compact is the largest international initiative for corporate responsibility and sustainability issues. The corporate members undertake to comply with ten principles on human rights, environment, labour and
anti-corruption, and to respect them throughout the value chain.
OECD Guidelines for Multinational Enterprises
The OECD Guidelines for Multinational Enterprises are recommendations addressed to multinational enterprises operating or based in any of the OECD countries. The guidelines cover how these enterprises are to relate to human rights, environment and labour.
ILO Core Conventions
The International Labour Organization’s eight fundamental conventions represent a minimum global standard for labour. The conventions address fundamental human rights at work.
World Ocean Council
In 2017, Concordia Maritime became a member of the World Ocean Council, a sectoral global organisation gathering together leaders in ocean and related industries such as shipping, fisheries, agriculture, tourism and ports. The overall goal is to contribute to sustainable development of the global ocean.
Maritime Anti-Corruption Network
In 2016, Concordia Maritime became a member of the Maritime Anti-Corruption Network (MACN), an international initiative created by maritime industry players to share experiences and promote best practice in combating all forms of corruption and bribery.
In the area of ships and ship management, NMM’s certification includes ISO 9001 (quality), ISO 14001 (environment), ISO 50001 (energy) and OHSAS 18001 (health and safety).
The certification is aimed at continuously reducing the total environmental impact of operations. Safety and environmental work is regulated within NMM by a Group-wide SHE (Safety, Health and Environment) policy, which contains minimum standards and requirements for reporting in a number of areas such as incidents and accidents, absences due to illness and occupational injuries.