CSL Releases 2016 Corporate Sustainability Report

Friday, September 22, 2017

The CSL Group today released its fourth annual Corporate Sustainability Report, demonstrating the company’s ongoing commitment to improve its performance on a wide-range of sustainability-related goals.

The report includes CSL’s sustainability results for the 2016-17 fiscal year and covers highlights in the areas of governance, safety, environmental responsibility, ethics, the workplace, employee and community engagement, and value for customers.

“As CSL’s new CEO since April 2017, I take great pride and comfort in knowing that CSL and its owners care deeply about people, safety, the environment and our communities,” states Louis Martel, President and CEO of The CSL Group.

“Even in today’s difficult market, sustainability remains fundamental to the way we conduct our business. We see it as a competitive advantage, a driver of innovation and an investment in the future of our employees, customers and communities.”

The 2016 report features CSL’s progress in achieving its short- and long-term sustainability goals and commitments. Notable highlights include:

  • The Safepartners Progam continued to help improve safety results with a 42% annual reduction in the frequency rate of lost time injuries.
  • Operational efficiencies and enhanced logistics helped improve cargo transportation emission intensity and reduce gCO2eq/tonne-nautical mile by 0.9%.
  • The ballast water treatment system tested on MV Sheila Ann received US Coast Guard type approval.
  • CSL achieved a 40% increase in waste recycling from vessels and a 10% reduction in total waste produced per crew member.
  • CSL was named a Montreal Top Employer in 2016 and received the 2016 IBJ Bulk Ship Operator of the Year.
  • CSL donated approximately 1% of net profit in 2016 to charitable causes and disaster relief.

The 2016 report was prepared using the Global Reporting Initiative’s G4 Sustainability Guidelines as a reference. The areas in which the report aligns with the United Nations Sustainable Development Goals were also noted.

To read or download the 2016 CSL Corporate Sustainability Report, click here.  

Printed copies of the report are available upon request at cslinfo@cslships.com.