In 2024, Samskip moved from ambition to action. Our hydrogen-powered SeaShuttles launched, we earned an EcoVadis Platinum rating for Samskip Multimodal and a Gold for Samskip hf, and our climate targets were validated by the Science Based Targets initiative. Together, these milestones lay a strong foundation for long-term impact.

We updated our Double Materiality Assessment to better reflect what matters most to our business and stakeholders. These insights help guide our strategy and ensure alignment with the CSRD. Even as regulatory timelines shift, we remain committed to transparency and continue reporting voluntarily under the GRI Universal Standards.

In line with our environmental goals, we made a strategic choice to temporarily reduce our use of biofuels and invest in hydrogen technology. While this led to a short-term rise in Scope 1 emissions, it supports deeper reductions in the future.

We also improved our internal systems. Our updated carbon calculator, now part of the customer portal, provides better visibility and supports shared responsibility for emissions across our value chain.

Sustainability is not only about carbon. It's about people, values, and governance. We continue to focus on employee engagement, inclusion, and safety, while strengthening the systems that support our commitments.

Our team is always here to support your sustainability journey, wherever you may be along the way.