Sustainability

We measure our influence.
We embrace sustainability.
We care.

We consistently strive to uphold ESG principles through our continual improvement policy. We proactively and comprehensively develop ESG initiatives, by increasingly implementing practical measures for safety, health, and environmental protection. These measures are integrated into our organizational culture.

Sustainability

We measure our influence.
We embrace sustainability.
We care.

We consistently strive to uphold ESG principles through our continual improvement policy. We proactively and comprehensively develop ESG initiatives, by increasingly implementing practical measures for safety, health, and environmental protection. These measures are integrated into our organizational culture.

Environmental Priorities

Environmental Priorities

Navarone S.A. is steadfast in its commitment to exemplary environmental stewardship, underpinned by a robust Environmental Protection and Energy Efficiency Policy. Our operational ethos is geared towards ambitious environmental benchmarks, such as the aspiration to achieve zero spills at sea, underscoring our commitment to ecological conservation. 

Alignment with SDGs: 

At Navarone S.A., the commitment to environmental protection and sustainable shipping practices is at the core of its operations. Recognizing the urgent need to combat climate change and reduce greenhouse gas emissions, we have implemented a comprehensive ship operational carbon intensity plan. This plan is designed to align with the International Maritime Organization’s (IMO) strategy for reducing the shipping industry’s carbon footprint, in compliance with MARPOL Annex VI Regulation 26. 

At Navarone S.A., our environmental management practices are a testament to our unwavering commitment to sustainability and ecological awareness. The company strictly adheres to the high standards set by organizations such as RIGHTSHIP to ensure that our vessels not only meet, but often exceed, the stringent environmental requirements set by cargo charterers. This vetting process underscores our commitment to setting a higher standard of environmental responsibility within the maritime industry. 

In alignment with our commitment to sustainability and environmental protection, Navarone is dedicated to implementing effective energy and resource management practices across all operations. 

Central to our environmental initiatives is our rigorous energy management strategy. By focusing on both fuel and electricity, we have realized a substantial reduction in energy consumption across our operations. 

Social responsibility

Social responsibility

Navarone S.A. has been excelling in the global shipping industry for over 50 years. We attribute our success to our innovative management style and our commitment to higher values, goals, and standards. Our people are our greatest resource, and we strive to support and develop them to their fullest potential. Our vision is to create a culture that encourages innovation and maximizes personal and professional growth, allowing us to reach and exceed our goals. 

Alignment with SDGs: 

At Navarone S.A., the paramount concern is the well-being and safety of our team. This is a fundamental value that we hold dear, representing a profound responsibility to our employees, their families, and the broader communities we serve. We strictly follow the IMO guidelines and local/global regulations and have established clear policies and procedures to ensure our employees’ well-being. 

Human rights are fundamental to every individual globally, regardless of nationality, gender, origin, religion, or other status. Navarone S.A. acknowledges the inherent right of each employee to protect their human rights. This commitment is a key element in our sustainability strategy, fostering an atmosphere of equality, respect, and justice. We encourage staff to contribute to desired results while motivating them to enhance performance, promoting self-confidence and recognition.

Consistently promoting fair opportunities, gender equality and organizational practices with diversity, we invest in effective team building, constant improvement and growth, engagement and belonging, recognition, and reward, while fostering a productive and employee focused workplace. Diversity is not just a strategy; it’s ingrained in our culture, driving our performance. 

Our senior management actively champions diversity, equity, and inclusion, unequivocally condemning discrimination. Our dedication to equitable treatment and opportunities is an integral part of Navarone’s identity, shaping every aspect of our operations. 

We recognize that the strength of our workforce is pivotal to achieving our strategic goals, and our strong commitment to talent development is a testament to our dedication to sustained success in an ever-evolving global landscape. 

At Navarone S.A., we are committed to helping society in various ways. This includes continuously providing financial support and donations to well-known humanitarian assistance organizations. These efforts reflect our belief in making a positive impact and our core values of social responsibility. Through these initiatives, we aim to contribute to positive changes and make a difference in our communities.

Alignment with SDGs:

 

Governance

Governance

Navarone S.A. systematically identifies and manages ESG risks, addresses capital market concerns, and advocates high-quality and sustainable economic and social development. Simultaneously, we have met the expectations of our stakeholders by establishing an effective communication platform, implementing relevant response strategies, and strengthening relationships. This ensures continuous improvement and enhanced implementation of the company’s sustainable management strategy. 

Navarone S.A. accords paramount importance to addressing the varied demands of stakeholders and implements a range of communication channels to systematically solicit their opinions concerning the Company’s sustainable development. 

Navarone S.A. is dedicated to upholding corporate governance standards. We meticulously align our business with the Company’s values, compliance requirements, external initiatives, international standards, and customer expectations transparently and ethically 

Alignment with SDGs: 

Navarone S.A. attaches importance to corporate governance and is constantly enhancing its organizational structure and management systems. The Top Management holds overarching responsibility for company operations and management, actively setting and supervising objectives. The Management Review Team, comprising key department heads, convenes quarterly to monitor and enhance safety, quality, environmental, and operational performance. 

Navarone S.A. regards sustainable operations as a core company value, seamlessly integrating economic success with environmental and social responsibility. Guided by the Environmental and Energy Aspects Matrix, we actively assess measures through key performance indicators and robust management review processes. Simultaneously, the Company has formulated specific plans with established short-term targets (KPIs) to ensure the realization of long-term objectives. 

At Navarone S.A., our commitment to sustainable supply chain management is a cornerstone of our ESG initiatives. According to our Code of Conduct and Business Ethics policy, we maintain a strict zero-tolerance approach to bribery, corruption, and sanctions violations, clearly communicated to all third parties at the onset of our business relationships. 

The Sustainable Development Goals (SDGs) have been adopted by the United Nations to tackle major global economic, social, and environmental issues by the year 2030. Although governments are primarily responsible for achieving these goals, the private sector and civil society also play an important role in supporting national initiatives. We are committed in addressing various aspects of the 17 SDGs and making significant contributions towards their accomplishment.