Our Environmental Strategy

Commitments

We will assist our clients in their fleet’s decarbonisation journey and set ambitious internal goals to accelerate shipping’s decarbonisation by going beyond compliance with IMO’s goals.

2023 Strategic Goals

All vessels with rating A, B, or C to have a 3% reduction in Carbon Intensity Indicator compared to 2021 Establish digital tools for collecting offices’ environmental data.

Priorities

  • Emissions & Energy.
  • Waste.

Sustainable Development Goals

  • SDG 12 Responsible Consumption and Production.
  • SDG 14 Life Below Water.

Our Environmental Data

As ship managers, our commitment to protect our planet begins with the seas and stretches to our shores. Looking into our annual performance, we build our strategy to further improve our operations.

Key Figures for 2021

9.21 (grCO2/tonne-mile)

Fleet Average Carbon Intensity Indicator (excluding offshore and passenger vessels)

74 (kWh/m2)

Office Energy Intensity

0.85 kgCO2/mile

Seafarers Air Travel

1.35 kgCO2/mile

Shore Employees Air Travel

Decarbonisation Strategy at BSM

Our ambition as ship managers is to provide our customers with innovative, data-driven solutions from experts with applied knowledge. By accelerating our customers’ transition to cleaner operations, we tackle shipping’s environmental pollution, responsible for more than one billion tonnes of Greenhouse Gases (GHG) emitted per year.

In 2021, we established an internal decarbonisation strategy that goes beyond compliance with regulations. BSM’s Management Board and Managing Directors set goals for 2022 onwards, including:

  • All vessels with rating E for 2021 to achieve rating D in 2022.
  • All vessels with rating D for 2021 to achieve rating C in 2022.
  • All vessels rating C, B or A in 2021 to remain in their respective ratings and achieve at least 1% reduction compared to 2021 and further improve each year.

CII Annual Reduction Targets

  • 2019: 0%
  • 2020: 1%
  • 2021: 2%
  • 2022: 3%
  • 2023: 5%
  • 2024: 7%
  • 2025: 9%
  • 2026: 11%

Ian Beveridge, Schulte Group CEO, on operating vessels in an environmentally friendly, fuel-efficient way.

Last year, BSM full-managed vessels generated 10.5 million tonnes of carbon dioxide. Many may say that we are just a manager, the shipowner must decide. However, it will certainly have to be a joint effort with intense dialogue between managers and shipowners to find ways to operate the vessels in an environmentally friendly, fuel-efficient way.

Ian Beveridge

Schulte Group CEO

Leveraging the Power of Digital Tools

BSM is proactively supporting its clients, crew, and fleet teams in making data-driven decisions to comply or even go beyond international regulations in line with our BSM Decarbonisation Strategy. Our dedicated Fleet Performance Centre (FPC) and Fleet Monitoring Centre (FMC) help our clients navigate the complexity of these requirements by offering a holistic approach to energy efficiency improvements.

Learn More

Alternative Energy Sources

Carbon neutrality in shipping can only be achieved by combining energy efficiency interventions with alternative fuels. To support the transition to alternative fuels, we built our expertise on ships powered by Liquified Natural Gas (LNG). LNG is a transitional solution as it emits 20-30% lower carbon dioxide than traditional fuels. Pronav and all SMCs collaborate with the Schulte Group’s LNG Competence Centre (LCC) to promote new LNG projects and build long-term business relations and partnerships.

Together with our clients, we look for opportunities to pilot cleaner energy solutions on our full-managed vessels. For example, we have tested a wind-assisted propulsion system on a container vessel and explored the possibility of 100% biofuel for two other vessels. Unfortunately, the biofuel trials were cancelled for safety and cost concerns, signifying the challenges of employing such technologies on a greater scale. Navigating towards a sustainable future will certainly be challenging, and we are committed to support our clients in this journey.

CSR Activities - Schulte Group Forest

Our people have been organising and volunteering in tree planting activities worldwide for several years. Their caring spirit was the inspiration that led us to create the Schulte Group Forest initiative. This initiative is dedicated to protecting and restoring forests, improving the health of ecosystems, and educating farmers on sustainable agriculture globally.

Learn More

CSR Activities - BlueSeasMatter

With more than 20,000 BSM seafarers sailing in the oceans, we see firsthand the damage caused by waste pollution.

BSM is tackling ocean pollution and promotes SDG 14 – Life Below Water, through our dedicated initiative BlueSeasMatter. We create awareness of shipping’s impact on marine life and ecosystems and engage our people in fighting marine pollution through this initiative.

Learn More

You might also be interested in:

Download our Sustainability Reports