September 18, 2023: The winners of the prestigious NAMEPA (North American Marine Environment Protection Association)…
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 Steamship Owners Mutual Protection and Indemnity Association, Inc. (the American Club), 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 the American Club 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 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, the American Club 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.
To learn more about NAMEPA’s MSP Program, visit NAMEPA’s website or email ESG@nameapa.net with any relevant questions. Currently, the program is offered to NAMEPA members at no cost to qualify for the Maritime Sustainability Passport and receive the MSP seal. Non-members are welcome to apply to participate at a cost of $5,000 or become NAMEPA members and have the fee waived. To protect the proprietary information of the qualifying companies, NAMEPA offers a non-disclosure agreement.
The North American Marine Environment Protection Association (NAMEPA) is a marine industry-led organization of environmental stewards preserving the marine environment by promoting sustainable marine industry best practices and educating seafarers, students, and the public about the need and strategies for protecting global ocean, lake, and river resources. Visit us at: www.namepa.net
The American P&I Club is the only mutual Protection and Indemnity club operating in both North and South America and is partnered with 12 other mutual clubs in the International Group of P&I Clubs providing protection to approximately 90% of the world’s shipping. Founded in 1917, the the American Club has established a long history of providing expert coverage. As of mid-2017, AP&IC continues to build upon the traditions of its long history. Its total tonnage stands at over 17 million gross tons for P&I risks and at about 11 million gross tons for FD&D, with gross premium income of some $85 million. For more information, visit https://www.american-club.com
ESGPlus LLC is committed to enhancing corporate governance, managing commercial and operational risk, and social & environmental compliance for our clients. We work hard to ensure best practices are in action to make the client’s maritime supply chain safer and more resilient while adding to social license and social equity.
Dorothea Ioannou, Chief Executive Officer of the Shipowners Claims Bureau
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