Alongside13 Joulu 2022

Meeting the demands of ESG considerations in maritime casualty management

This episode looks at environmental, social and governance (ESG) during complex shipping disasters. What are the risks and opportunities when managing these large-scale incidents? We explore whether that can be done in a way that balances the interests of those directly affected and the insurers who pay for the clean-up.

To discuss this, Kait Borsay is joined by Nicky Cariglia, who has a background in marine biology and has spent the last ten years focussed on environmental emergency response, attending more than 30 oil spills and vessel groundings, where she has offered technical guidance.

Also on this episode is Sam Kendall-Marsden, the global head of claims for The Standard Club, who has spearheaded the club’s response to several major marine casualties, including the sinking of the cruise ship Concordia off the Italian coast in 2012.

This podcast coincides with the publication of Standard Club’s first Sustainability Impact Paper, entitled ‘Planet | People | Performance’. The report breaks down Standard Club’s strategy into two key impact indicators. The first focuses on how the club will work with its members to help create more sustainable services and practices, while the second indicator details how it plans to make its own operation more sustainable.

You can read the full report here: https://www.standard-club.com/knowledge-news/sustainability-impact-paper-people-planet-performance-4674/

Highlights:

00:52 Meet the Experts: Nikki Cariglia and Sam Kendall-Marsden

01:27 Understanding ESG Principles

02:29 Applying ESG in Real-Life Scenarios

04:51 Insurance Perspective on Shipping Disasters

09:23 Challenges and Innovations in Casualty Response

15:21 Future Directions and Final Thoughts

22:47 Conclusion and Next Steps

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