According to Hellenic Shipping News, Lloyd's Register (LR) has released new guidance designed to assist maritime organizations. This guidance focuses on embedding environmental, social, and governance (ESG) principles into core business functions.
The publication suggests that companies adopting these ESG principles in their business strategy, fleet investment choices, and operational performance will be better positioned. This integration is expected to attract investment and enhance customer relationships.
Furthermore, the guidance indicates that such an approach will help maritime businesses maintain competitiveness. This is particularly relevant as the industry navigates the ongoing energy transition, according to the source.
The new framework, titled 'A Forward-Looking Framework,' was introduced at SMM 2026 in Hamburg. It was published yesterday, on September 1, as reported by Hellenic Shipping News.
