Teams will be set up to focus on technical, regulatory and strategic aspects of developments.
Shipowners and related parties must pay for environmental damage caused by the vessel’s sinking.
The IMO has granted the organisation status as a key player in the maritime nuclear energy sector.
“The impact on container shipping has been disproportionately severe.” – Sea-Intelligence.
Disclosures and reporting are currently addressed in the King IV Code on Corporate Governance.
ESG efforts have seen SACO teams getting actively involved, unafraid of getting their hands dirty.
“Managing ESG is a multifaceted challenge that requires constant monitoring, data analysis and the ability to adapt to regulatory and market changes.”
The industry holds potential for at least US$300 billion in global exports over the next three decades.
422 000 local jobs currently depend on exports to jurisdictions with active or incoming CBAMs.
The plan is the country’s first sector-specific climate adaptation strategy dedicated to climate resilience.
