Dorothea Ioannou, Chief Executive Officer of the Shipowners Claims Bureau
WESTON, CT – May 30, 2023- The North American Marine Environment Protection Association’s (NAMEPA) “Maritime Sustainability Passport” (MSP) Certificate and Seal has once again been awarded to the American P&I Club, (AP&IC) announced Carleen Lyden Walker, Co-Founder and \CEO of NAMEPA. The American Club successfully met the program’s requirements and received their MSP Certificate and Seal, indicating their dedication to the marine environment. The program encompasses each of NAMEPA’s Transparency Pillars in its Environmental, Social, and Governance (ESG) metrics and AP&IC has demonstrated strong compliance with these pillars.
“Sustainability principles connected to Environmental, Social, and Governance goals have always been strategically embedded in the core purpose and processes of the American P&I Club as a mutual not-for-profit marine insurer, through its Managers, Shipowners Claims Bureau, Inc., in all operational, departmental and service policies and procedures,” remarked Dorothea Ioannou, CEO of the Shipowner’s Claims Bureau,” Partnering with industry stakeholders such as NAMEPA through their Maritime Sustainability Passport certification process once again in 2023 enhances our visibility in this arena, reflects the significance we place on accountability, and confirms our continuing commitment to these goals.”
In a show of commitment to the maritime environment, AP&IC publishes a yearly sustainability report that is available to the public, allowing their environmental, social and governance efforts to be viewed from all angles. In doing so, they demonstrate admirable transparency in their practices and show beyond all doubt that their commitment is part of their company’s ethos. Furthermore, The American Club has proven that their dedication is not just spoken but tangible, aligning them even further with NAMEPA’s mission to promote industry best practices and to Save Our Seas.
The American Club has again successfully passed NAMEPA’s MSP program and requalified for the MSP Seal, signifying they met or exceeded the program’s guidelines of best practices using ESG principles. Some of the program’s many benefits include increased efficiency, stakeholder visibility, and positive global impact.
The Maritime Sustainability Passport (MSP) Program was developed by the North American Marine Environment Protection Association and ESGplus LLC as an innovative ESG assessment tool tailored specifically for the maritime industry. Launched in June 2020, the tool enables companies, associations, educators, and individuals in the industry to evaluate their adherence to ESG (Environmental, Social, and Governance) principles. Covering all three elements of sustainability, the program encompasses Six Transparency Pillars: Waste Management, GHG Emissions, Education, Technology, Social, and Governance.
In 2021, NAMEPA’s MSP program was awarded the 2021 Green4Sea Initiative Award. The Green4Sea award is given to an organization that has sparked, realized, or significantly contributed to a specific initiative toward greener shipping. NAMEPA is extremely proud of its contribution to the maritime industry with its MSP program being the first known standards program specifically structured for the Maritime Industry.
