Message from our President and CEO

The shipping industry is critical to the global economy, facilitating international trade and connecting businesses and consumers worldwide. It is also an industry that faces significant environmental, social, and governance challenges. From the energy transition to labour shortages, from safety to ethical practices, our industry must address a wide range of ESG issues to operate responsibly and sustainably. 

Our company stands firmly behind its promise to deliver a higher standard of quality and operational excellence to international bulk shipping. We endeavour to develop a healthy, sustainable business through a long-term commitment to the highest environmental, social and governance (ESG) standards across all segments and activities.  Fednav has continuously demonstrated its adaptability to shifting environments, and this is now more critical than ever. While doing what's right has always been part of our DNA, we understand that this is no longer enough. We need to continuously improve how we do things to leave the world a better place for future generations.  We will engage with our customers, partners, agencies, and regulators to ensure that our ESG framework evolves and reflects the highest corporate social responsibility standards.   

I'm excited to share our first ESG report, which aligns with our company's values and supports the United Nations' Sustainable Development Goals (SDGs). We believe these values of integrity, respect, and sustainability are essential for our success and the well-being of our employees, customers, communities, and the environments where we operate worldwide. Our ESG initiatives speak to our ongoing commitment to be a conscious contributor to the betterment of all our internal and external stakeholders. We recognize that it is a journey of continuous improvement and are committed to sustained learning, innovation, and collaboration. We are setting ambitious ESG goals, tracking our progress, and reporting on our performance transparently. 

I would like to express my gratitude to our employees, customers, suppliers, and other stakeholders for their support and collaboration in our ESG journey. I am proud of the dedication, resilience, and commitment our employees demonstrate to each other, those we serve, and the communities we support. We believe that ESG is a shared responsibility, and we are committed to working with all our stakeholders to create a more sustainable and prosperous future for all. 

Sincerely, 

Paul Pathy 
President and CEO

 

 2022 ESG Report