Tidewater Re-Certifies in NAMEPA’s Maritime Sustainability Passport Program Demonstrating Commitment to ESG Practices

WESTON, CT – August 31, 2023 – The North American Marine Environment Protection Association’s (NAMEPA) “Maritime Sustainability Passport” (MSP) Certificate and Seal has once again been awarded to Tidewater Inc, said Carleen Lyden Walker, Co-Founder and CEO of NAMEPA. For a second time, Tidewater successfully met the program’s requirements and received their MSP Certificate and Seal, indicating their continued dedication to the marine environment. The program encompasses each of NAMEPA’s Transparency Pillars in its Environmental, Social, and Governance (ESG) metrics and Tidewater has demonstrated ongoing strong compliance with these pillars.

“At Tidewater, operating safely, protecting our people, complying with all laws, and respecting the environment and local communities in which we work are our top priorities. We strive to demonstrate this by transparently sharing what we have done and plan to do to protect the environment and positively impact the communities in which we work around the world. Tidewater is honored to have received this important recognition of our commitment to sustainability once again from the NAMEPA team,” said Jackie Caporella, Sustainability Lead for Tidewater. “The MSP Program has provided us with the guidance, tools, and strategies to help keep us on track for a more sustainable future, and we look forward to continuing our sustainability journey with NAMEPA’s support,” stated Caporella.

Tidewater aims to be the global leader in the offshore industry by upholding the highest safety and operational standards and providing exceptional services to customers across the regions where they operate. Tidewater takes pride in delivering these services in an honest, cost-efficient, profitable, and transparent manner for stakeholders including employees, customers, capital sources, vendors, and local communities.

People and vessels are Tidewater’s best assets. Its workforce comprises over 500 shore-based employees and 5,000 seagoing employees, highly skilled maritime professionals from diverse nationalities, backgrounds, and cultures.

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. Some of the program’s many benefits include increased efficiency, stakeholder visibility, and positive global impact.

In 2021, NAMEPA’s MSP Program was awarded the 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 our website or email ESG@nameapa.net with any relevant questions. 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

Tidewater Inc. (Tidewater) is the owner and operator of the world’s largest Offshore Support Vessel (OSV) fleet. Established in 1956, Tidewater is anchored by its long heritage with over 65 years of experience supporting offshore energy exploration and production activities worldwide.

Driven by our strive for excellence, Tidewater has evolved over the years, successfully completing financial restructuring in 2017 and acquiring offshore companies including GulfMark in 2018 and Swire Pacific Offshore in 2022.

Tidewater pioneered the world’s first custom-build oil & gas service vessel, Ebb Tide in 1955. Today, our diverse fleet comprises over 200 vessels including Anchor Handling Towing Supply Vessels, Platform Supply Vessels, offshore tugs, specialty vessels, crew boats and floating storage vessels that are well-equipped with state-of-art technologies. They provide a myriad of high quality and cost-effective marine services. To know more about Tidewater visit www.tdw.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. Visit https://esgplusllc.com/ to know more about ESGPlus.