The UK P&I Club is a mutual marine insurance business governed by a Members' Committee, which represents the Club's Members, and a regulated Board of Directors. Members' Committee and Board have responsibility for sustainability issues.
We have sought to adopt an inclusive approach to sustainability that involves input from all levels of the business. We have formed a Sustainability Impact Group tasked with implementing and informing the Club's sustainability policy and pursuing sustainability objectives, and a Sustainability Steering Group tasked with ensuring that our sustainability strategy and objectives remain aligned with our wider strategy and objectives.
The Club complies with all current regulations and legislation, both in the UK and through its subsidiaries in the Netherlands and Bermuda. The Club is also looking and planning ahead to ensure that it is prepared for anticipated future regulations and legislation. Further details are set out in our annual Directors' Report and Financial Statements, in our Sustainability Report and in our other statutory disclosures below.
COP28 took place in Dubai, United Arab Emirates (UAE), from 30 November to 12 December 2023, attended by representatives from over 200 parties to the UN Framework Convention on Climate Change (“Parties”)
The global shipping industry is at a crossroads, grappling with the urgent need to reduce carbon emissions by changing to greener fuel options, and ammonia has emerged as a promising candidate for fueling ships in this quest.
The IMO Marine Environmental Protection Committee (MEPC) responsible for matters concerning the prevention and control of pollution from ships, held its 80th session (MEPC 80) in London from 3-7 July 2023.
