CSR AT A GLANCE - 2019
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 9.3% in 2019 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.