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.
THE IMO Marine Environmental Protection Committee (MEPC) responsible for matters concerning the prevention and control of pollution from ships, held its 79th session (MEPC 79) in London from 12-16 December 2022
The EU ETS, established in 2005, is the world’s first emissions trading system and remains the largest greenhouse gas (GHG) emissions trading system across multiple countries and multiple sectors.
Patrick Ryan, Sustainability Director for the UK P&I Club, discussed with Maritime Risk International on the COP27 climate conference in Egypt and what it may mean for the shipping sector.
COP27 took place in Sharm el-Sheikh, Egypt, from 7-20th November 2022, having overrun by a day and a bit for the agreement to be signed off by the 200 countries which participated in the conference
