Clean Shipping Alliance 2020
TORM has joined the Clean Shipping Alliance 2020 (CSA 2020) along with other industry leaders to support information and knowledge sharing about exhaust gas cleaning systems.
Through our membership, TORM supports the scheduled implementation and enforcement of the IMO requirement for a 0.5 percent global sulfur cap on fuel content as of 1 January 2020.
CSA 2020 members believe that exhaust gas cleaning systems will make a substantial difference to the ports and ocean environments in which they operate and will promote global environmental progress – especially the goal of reducing the health impact from airborne sources, which is at the heart of the 2020 IMO regulation.
CSR AT A GLANCE
Safety is the responsibility of each and every TORM employee and we ensure to integrate safety in the way we think and act.
Being dedicated as One TORM, we embrace TORM's behavioral principles - we call these the Five Safety I's. They are our guide to perform in the safest possible manner; hereby we continuously drive a resilient safety culture.
You can see more about the Five Safety I's below.
”Due to the Company’s continued
focus on operational procedures, TORM
achieved a fuel efficiency improvement
of 5.2% in 2017 compared to our 2015 baseline.”
Jesper S. Jensen,
Head of Technical Division
POLICIES, PRINCIPLES & PHILOSOPHY
It is a fundamental part of TORM's business that we will protect the environment by exercising constant care in our operations.
We are committed to continually improving our environmental performance beyond compliance with legislation.
See video for more info about TORM's environmental commitment here.
Compliance & Governance
The shipping industry is one of the most regulated industries in the world. This means that the largest industry players have high standards of health, safety, security and environmental impact compared to most industries. Full compliance with regulation is a requirement for operating within the industry.
Beyond national and international regulation, the largest customers have their own compliance criteria that TORM and other product tanker operators have to comply with. In effect, this higher level of compliance is the minimum requirement for serving customers in the industry. Thus, as one of the world’s largest carriers of refined oil products TORM
already performs significantly better than required
by regulative compliance.
TORM's Senior Management Team serves as the
CSR Board and has the ultimate responsibility for
ensuring adherence to our CSR policies on all levels
within the organization.
The operational responsibility for our policies on
Health, Safety, Security and Environment has been
designated to the Safety, Quality and Environmental
(SQE) Department under TORM's Technical Division.