ESG
- St. Francis of Assisi
Our ESG Practises
CTM is constantly adapting our Environmental, Social, and Governance (ESG) practices and strategies to the needs of our people and environment. Our people-first culture is the driving force behind all we do, including our ESG goals. CTM is committed to adapting our targets to meet the global community’s targets for a better world. By prioritising ESG principles, we can make a significant difference in the world. By working with our partners, stakeholders, and people, we can create a more sustainable future together.
Our ESG Goals
We have aligned our strategies to the United Nations Sustainable Development Goals (SDGs) adopted by all the UN’s Member States in 2015. At CTM, we have greatly emphasised adhering to global ESG principles. These principles are integral to our commitment to sustainable business practices, which are designed to have a positive impact on both society and the planet. To achieve this, we have implemented various initiatives that aim to reduce our carbon footprint, promote diversity, inclusion, and demonstrate ethical behaviour in all aspects of our operations. Our dedication to these principles extends beyond our immediate business objectives and encompasses our contribution to local communities in our efforts to minimise waste. All of our goals are outlined in our annual sustainability reports.
Sustainability Reports
2021 Report
2022 Report
2023 Report
Partnerships & Associations
Monaco National Energy Transition Pact
In 2021, the Monaco Government launched its National Energy Transition Pact as part of its Mission for Energy Transition. The commitment charter has three key priorities: transport, energy, and waste. We have been working closely with our colleagues to reduce our environmental impact at work and in our homes.
Italian Decarbonization Committee by RINA
This initiative falls within the broader decarbonisation program RINA is pursuing to support the shipping industry in achieving CO2 emissions reduction objectives established by the IMO by targeting improvements in technology, regulatory changes, digitally enabled services and the potential funding or financing of green technologies to benefit the entire industry.
ABS - European Technical Committee
ABS invited us to join the ETC in December 2021. The ETC’s main objective is the development and improvement of standards used in the design, construction and survey of vessels, other marine and offshore structures, and specialised systems.