Ensuring compliance with environmental, social, and governance (ESG) standards adds another layer of complexity to your operations. How can you identify a shipyard that meets the demands of your project while adhering to these important standards?
There is an increasing focus on environmental regulations, particularly in the EU and Norway, which has led to a greater demand for transparency and responsible practices in ship recycling. We observe growing interest from banks, investors, pension funds and insurance companies in the end-of-life treatment of ships.
With YardScore we aim to provide this transparency.
The illustration below shows, in a simplified way, how YardScore will work:
Regardless of whether they are recycling yards or repair yards, the yards will start the process by answering a set of questions through our web application. We have based the questions sent to the shipyards on global regulations, with the ILO conventions, UN Guidelines for Business and Human Rights, and IMO’s Hong Kong Convention as the baseline.
We will verify the data against the uploaded documentation. Additionally, we will organise standardised and risk-based physical audits at the yards through our network of partners. Third-party trained surveyors will carry out this audit and will be in line with the ISO-17029:2019 standard.
The yard will get a final score as a percentage of the maximum achievable points in each category. We award additional points for practices that are better than the requirements by law or regulations.
Finally, we will provide each yard with a profile in YardScore, clearly showcasing the yard’s results in the measured areas. It will also make it easy to compare the yard to the average of all yards and all yards in the region.
YardScore enables companies to go from ambitions to making a real impact where it matters. It will go live by the end of 2024. Contact us if you want to be a part of this from day 1!
Pia Meling has broad management experience from shipping and the maritime industry, both within chartering and commercial management of vessels at the leading dry bulk operator Klaveness, as the General Manager of Nav/Com service provider Radio Holland, the Marketing & Communications Manager for scrubber manufacturer Clean Marine, as Area Sales Director for Marine Products in Wilhelmsen Ships Service, and as Vice President Sales and Marketing at Massterly, a pioneering operator of zero-emission, autonomous vessels. Pia Meling holds an MBA from the Norwegian School of Economics.
Phone: +47 95 77 03 25
Email: pia.meling@grieggreen.com
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Karl Fredrick Hiemeyer has experience in shipping and enabling circularity in the construction industry.He worked within Operations and Chartering in London for the most significant private ship brokering firm, SSY. He was Head of Partnerships & Operations for the construction industry’s green-tech scaleup, Material Mapper. Karl Fredrick holds an MSc in business & major in finance from BI Norwegian Business School.
Phone: +47 932 54 857
Email: karl.hiemeyer@grieggreen.com
Elin Saltkjel has broad experience in Oil & Gas and the maritime industry; within both technical disciplines and department management in the offshore engineering company Aker Solutions and gas process equipment provider Hamworthy Gas Systems (now Wärtsilä). Before starting with Grieg Green, Elin was Fleet Manager for LNG at BW Gas. Elin holds an MSc in Marine Technology from the Norwegian University of Science and Technology.
Phone: +47 975 91 107
Email: elin.saltkjel@grieggreen.com
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