CSL Releases 2015 Corporate Sustainability Report

Aug 8


CSL’s 2015 Corporate Sustainability Report shows continued progress on safety, environmental stewardship and socially-responsible shipping.

The CSL Group (“CSL”), a global leader in marine dry bulk cargo shipping and handling, today released its third annual Corporate Sustainability Report featuring highlights of the company’s 2015 sustainability performance.

In the face of a global economic downturn that is hitting the shipping sector hard, CSL maintains a steady focus on advancing a performance-based sustainability culture and going beyond regulation to operate according to the highest standards of corporate social responsibility.

CSL has the capacity to integrate and continuously improve sustainability in all aspects of the business, no matter the length and depth of the market crisis. In fact, we believe that our unwavering commitment to safety, to reducing our environmental footprint, to investing in the development of our employees and to contributing to our communities in a meaningful way is not only right thing to do, it’s good for business

Rod Jones, President and CEO of CSL Group

The 2015 report features CSL’s progress in achieving its short- and long-term sustainability goals and commitments. Notable accomplishments by the company include:

  • Reducing the lost-time injury rate by 53% and the total recordable frequency rate by 54% thanks to the combined efforts of the SafePartners program, a new safety strategy and the introduction of Lifesaving Rules.
  • Reducing 25,903 tonnes of CO2 emissions since 2012 and 6,250 tonnes in 2015 as a result of operational improvements and rightsizing the fleet.
  • Achieving a top 4.57 Green Marine score in Canada and demonstrating marked improvements in all other divisions.
  • Completing the final step in the Trillium Class newbuild program with the arrival of CSL St-Laurent and the acquisition of CSL Tarantau, previously named Balto.
  • Consolidating ship and shore operations in Australia.
  • Receiving the Lloyd’s List award for 2015 Inland/Coastal Operator of the Year.

The 2015 report was prepared using the Global Reporting Initiative’s (“GRI”) G4 Sustainability Guidelines as a reference, and provides information on CSL’s performance in the areas of governance, safety, environmental responsibility, ethics, the workplace, employee and community engagement, and value for customers.

Printed copies of the report are available upon request at cslinfo@cslships.com