Foreword

Executive Summary

This sustainability report provides a comprehensive overview of Samskip’s dedication to building a sustainable future in the field of multimodal transportation and logistics. It serves as a transparent account of our progress and as a catalyst for continuous improvement. With a strong focus on Our Planet, Our People, and Our Responsible Business, we are actively working towards pioneering positive change in our industry and making a lasting impact.

The purpose of this report is to document Samskip's efforts and progress in fostering a sustainable future. It aims to provide a clear and transparent account of our initiatives, achievements, and areas for improvement in sustainability practices. By sharing our journey, we aim to highlight our commitment to sustainability, build trust with our stakeholders, and align with global and local sustainability standards and expectations.

Samskip has made significant strides in sustainability, highlighted by a 10% reduction in total greenhouse gas emissions compared to 2022. Our focus areas include minimizing GHG emissions through sustainable multimodal logistics, embracing clean power and innovation, ensuring safety and well-being for employees, promoting inclusion, equity, and diversity, and upholding the highest ethical standards in our business operations. By integrating sustainability consideration into our business decisions and practices, we strive to create long-term value for all stakeholders. 

Key Highlights:

Samskip's environmental initiatives have effectively reduced our carbon footprint as evidenced from a 10.24% CO2e reduction from the previous year.
We received the EcoVadis Gold medal, placing our Sustainability Management System in the top 2% of all companies assessed in 2023, which reflects our proactive and robust approach to sustainability.
Reducing the supply chain emissions of our customers with a stronger multimodal network, and increase in the use of biofuels, making sustainable choices easier than ever.

Samskip is making commendable progress towards its sustainability goals. Our ongoing initiatives and strategic focus areas are positioning us as a leader in sustainable logistics, committed to making a positive impact on our planet, people, and business practices.

Introduction
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