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You are here: Home / ESG / Environmental, Social and Governance
As a global leader in the ship supply industry, we recognize the significance of driving sustainable growth and development for our stakeholders. We have developed a clear sustainable purpose to make ‘Responsible Provisions and Stores accessible to everyone at sea ’. Over the past year, we have been on a continued journey with our stakeholders to enhance our approach and achieve new levels of sustainable solutions. Now, we set more tangible plans for the future to ensure that we can act and lead with direction and ambition.
You can read about our ongoing commitment to sustainability and responsible practices in our ESG brochure. Within this brochure, you will have the opportunity to explore our performance against ESG goals and objectives that we have set for the future, encompassing both short and long-term aspirations. We strive to present a critical and transparent brochure that demonstrates the alignment of our sustainability purpose with our broader business mission. Additionally, we outline the progressive actions we are taking to generate added value for all our stakeholders.
I acknowledge that addressing ESG challenges and issues at the needed pace requires determination. We have that determination, and we view it as an opportunity to learn, grow and contribute.
Jens Holger Nielsen, Group Chief Executive Officer
We recognize our responsibility in driving sustainable growth and development for our stakeholders. We challenge the common misconception that sustainability and organic growth cannot go hand in hand, which is why we have integrated our sustainability strategy, the Responsible Provisions and Stores Plan, into the core of our business (see page 11).
At Wrist, we believe that everyone should have access to responsible provisions and stores at sea. That’s why we have a clear sustainability vision to ‘Make responsible provisions, stores and logistics accessible to everyone at sea.´
Read more about our Sustainability Strategy on page 8
To fulfil our commitment, we are actively incorporating our sustainability strategy into the core of all the business operations of the company. Our approach involves tackling urgent issues with pace, while leading on topics that are most relevant to our business and stakeholders. Through the Responsible Provisions and Stores Plan, we are working towards systemic change that aligns with the United Nation’s Sustainable Development Goals (SDGs), addressing some of the world’s most pressing challenges.
We focus on seven UN Sustainable Development Goals, listed below:
As the world’s largest marine supplier, we have a significant responsibility to lead and set an example in our industry by minimizing our climate impact. We must achieve this and have already begun by adopting renewable energy, transitioning to electric transportation and setting ambitious climate goals.
We listen to our stakeholders, and have identified our key areas of focus and established nine objectives for 2023-2027 followed by KPIs to meet the shifting attention and spending towards services with ESG-related value.
Learn more about our Climate Actions on page 17.
Wrist’s Business Principles have been formulated as an extension of our values, guidance and mission increasing transparency and describing the way we act while achieving our business goals.
Wrist is committed to carry out business in a sustainable way. In order to promote the long-term interests of Wrist and our stakeholders, we strive to maintain the highest legal and ethical standards in all business practices.
The Group Health and Safety Policy establishes a unified approach across all Wrist business units, reflecting our commitment to creating a safe and healthy workplace.
Group Health and Safety Policy
Our Biodiversity Policy focuses on reducing our impact on marine and forest ecosystems while promoting responsible practices across the supply chain. This policy reflects our commitment to actively protecting biodiversity while maintaining ethical and responsible operations. Although we are at an early stage in our journey, we aim to contribute positively to biodiversity conservation through our operations and supply chains.
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Wrist Business Principles