The United Nations Global Compact has launched a set of nine Sustainable Ocean Principles, calling on companies around the world to commit to securing a healthy and productive ocean.
By signing up to the Sustainable Ocean Principles companies recognize the urgency and global importance of a healthy ocean, and will take action to promote the well-being of the ocean for current and future generations.
The Sustainable Ocean Principles were developed by the UN Global Compact Action Platform on Sustainable Ocean Business in consultation with stakeholders from the private sector, NGOs, academic institutions and UN agencies. In committing to the nine principles, companies pledge to take action to prevent pollution, manage their use of marine resources to ensure long-term sustainability, and be transparent about their ocean-related activities and impacts.
Initially launched during the UN General Assembly in September 2019, the Sustainable Ocean Principles are intended to build upon and supplement the overarching Ten Principles of the UN Global Compact on human rights, labour, environment and anti-corruption.
Nor-Shipping has signed the SOPs and commits to ensure that material ocean-related risks and opportunities are integrated in corporate strategy, risk management and reporting. We will publicly communicate on our commitment to endorse the Global Compact Sustainable Ocean Principles, including through the UN Global Compact annual Communication on Progress- in the spirit of continuous improvement.
The principles provide a foundation for companies to engage in ocean sustainability in the lead-up to the UN Ocean Conference in June 2020 in Lisbon, Portugal, and beyond.
UN Global Compact press release: Sustainable Ocean Principles
Learn more about the Sustainable Ocean Principles here.