Our sustainability report provides an overview of Danish Ship Finance’s approach to sustainability.
We present our progress with the sustainability agenda, targets and ambitions and discuss the issues that are material to our business and our stakeholders.
This report provides an overview of Danish Ship Finance’s approach to sustainability. We present our sustainability progress, targets, and ambitions and discuss the issues that are material to our business and our stakeholders.
This report also represents Danish Ship Finance’s Communication on Progress to the UN Global Compact and covers the financial year from 1 January 2022 to 31 December 2022. Additionally, this year’s Sustainability Report draws upon the recommendations set forth by the Task Force on Climate-related Financial Disclosures. With this report, we also fulfil the requirements stated in sections 135 and 135a of the Danish Executive Order on Financial Reports for Credit and Investment Companies. This report forms part of Danish Ship Finance’s annual reporting alongside our Annual Report 2022 and Risk Report 2022. The compilation of ESG data in this report draws upon standards developed by FSR – Danish Auditors (Danske Revisorer), Nasdaq, and CFA Society Denmark (Finans foreningen).
Danish Ship Finance is not subject to the Sustainable Finance Disclosure Regulation (SFDR), but we are subject to the new Corporate Sustainability Reporting Directive (CSRD) due to the changes in the criteria for a large EU company. Large companies that were not previously subject to the reporting requirements in the Non-Financial Reporting Directive art. 19a and 29a will now have to apply CSRD from financial years starting on or after 1 January 2025 and therefore report in 2026 on 2025 data.