The company, leader in global maritime services, has published its ESG and EINF 2022 reports where it analyzes the impact of the activity of its entire value chain from an environmental, social and governance point of view.

 We live in a global scenario where concern for the environmental impact of organizations has become one of the main challenges to be addressed in order to guarantee the future sustainability of the planet. In this regard, Boluda Corporación Marítima through its two divisions -Boluda Shipping and Boluda Towage- continues to accelerate its efforts to make a significant contribution to progress.

All the actions carried out by the company during the year 2022 are included in the EINF “Annual Non-Financial Information Statement” and ESG “Environment, Social and Governance” reports, which include the actions undertaken, measurement of their impact and their evolution throughout the value chain of the company’s activity.

Environmentally sustainable and efficient

The company aims to increasingly focus on the quality of its fleet by acquiring greener vessels. In addition, all of its vessels use silicone-based paints to minimize the impact on aquatic species.

Reduced fuel consumption is another of its great assets. An example of innovation in this field is the adoption of Onboard technology, which reduces emissions and optimizes fuel through data management. In addition, all hazardous waste derived from fuel is delivered to authorized handlers for recovery.

It also takes energy efficiency very seriously and has an Onshore Power Supply (OPS) port facility to connect the vessels to the power grid to reduce fuel burn, noise and pollution while idle. Investment in alternative fuels is one of the major projects on the table, where the company is conducting a feasibility study on the energy transition of its fleet from fossil fuels to alternative fuels such as biofuel or hydrogen (H2).

Contributing to improving quality of life in society

At Boluda, people come first. For this reason, it works every day in the development of actions aimed at improving the knowledge and developing the opportunities of its staff through an annual training plan in which more than 29,290 total hours of training have been allocated.

The safety of its employees continues to be a fundamental objective. Boluda has managed to significantly reduce the severity rate of occupational accidents, in line with its commitment to achieve a zero-accident activity.

In addition, as a company committed to the needs and problems of society, Boluda has increased its annual contributions to support the sector, business entities and charitable associations, such as the Mexican Red Cross, Pompiers (Le Havre Firemen), associations of workers in the sector (such as Armateurs de France), or various small local groups (such as the Tempête de Togo soccer team).

 Code of ethics and best practices as cornerstones

The Boluda Group has made ethics and integrity one of the cornerstones of its business strategy through the strengthening of its Compliance System, where its internal committee meets regularly to analyze relevant issues related to prevention. During the year, it updated more than 60 decent work standards and conventions, including the MLC 2006, an international agreement signed between the International Maritime Organization (IMO) and the International Labor Organization (ILO), which establishes minimum working and living conditions for all ship workers.

Vicente Boluda Fos, President of Boluda Corporación Marítima has recently declared: “We are well aware that the sustainability of our actions depends on the sustainability of the ecosystem in which we operate. It is a clear interdependence that requires us to always be at the forefront of solutions to limit our impact, protect the environment and work harmoniously with our partners and stakeholders. We are building the world of tomorrow, where international trade, security and the environment must converge even more closely.”

“But it is something we cannot achieve alone. There are many elements that do not depend on us. Only with global responses and strong coordination between the different actors will we be able to achieve the decarbonization objectives.”

Currently, the most important objective for the maritime sector is to reach the EU’s “Fit for 55” agreement, whereby Europe aims to become the world’s first climate-neutral continent by 2050, reducing emissions, including greenhouse gases by 55% by 2030. A very ambitious plan in which Boluda wants to be a key player.

To access Boluda Corporación Marítima’s Non-Financial Information Statement 2022: click HERE.