Wallenius Wilhelmsen Asa · OSL:WAWI
Wallenius Wilhelmsen Asa — ESG Presentation (February 2022)
22 slides from Wallenius Wilhelmsen Asa's sustainability presentation, February 2022
Slide 1: Sustainability investor meeting February 2022
Sustainability investor meeting February 2022
Slide 2: Agenda
Agenda 1. WAWI in brief 2. Our commitment 3. Our strategy and financing framework 4. Our TCFD Journey
Slide 3: A logistics provider built on a strong history
A logistics provider built on a strong history ~8,200 131 Employees Vessels in operation • 2017 merger of companies with >150-year across 29 (Q4-21) history countries • Listed on Oslo Stock Exchange (ticker: WAWI) with a market cap of USD 3.3bn* • Wilh. Wilhelmsen Holding ASA and Wallenius Lines AB
Slide 4: Premium end-to-end supply management
Premium end-to-end supply management Premium end-to-end supply management Factory & plants Terminal On-site processing centers Ocean Processing centers Terminal End customer
Slide 5: Our strategy to strengthen our competitive advantage
Our strategy to strengthen our competitive advantage End-to-end supply chain Expand to full lifecycle Drive operational Lead the journey to zero orchestration effectiveness emissions Digitalization Supreme customer Efficiency Zero emission experience 5
Slide 6: Our commitment to change is not limited to climate action
Our commitment to change is not limited to climate action Principles of Governance People Planet Prosperity Transparent, with strong Safe & inclusive workplace Decarbonize and reduce Solving the biggest ethical business conduct where human rights are our environmental impact challenges while creatin
Slide 7: We target to reduce carbon intensity by more than 50% from 2008 to 2030
We target to reduce carbon intensity by more than 50% from 2008 to 2030 We have been in the forefront of responsible recycling, maritime anti-corruption and promoting the sulphur cap We are committed to We reduced fleet CO2 reduce fleet CO2 intensity1 from 2008 to intensity from 2019 2019 by: to 203
Slide 8: WalWil launching a Sustainability-Linked Financing Framework
WalWil launching a Sustainability-Linked Financing Framework The Framework is published on our website together with: • A Second Party Opinion from CICERO Shades of Green • A Verification Statement from DNV 8
Slide 9: Framework will be used to link new financings with sustainability objectives
Framework will be used to link new financings with sustainability objectives KPI • CO2 intensity measured by CII* as reported to IMO Data Collection System each year, calculated on the controlled fleet Fleet weighted average • Controlled fleet includes 125 (per Q4-21) owned and long-term carbon inte
Slide 10: Our target to reduce CO2 intensity by 27.5% from 2019-2030 is ambitious
Our target to reduce CO2 intensity by 27.5% from 2019-2030 is ambitious For the Framework, we focus on intensity rather than absolute emissions to avoid problems of comparability over the years Choice of KPI • The Shipping segment represent 99% of the group’s total CO2 emissions* • CO2 intensity all
Slide 11: Our journey towards zero takes place every day
Our journey towards zero takes place every day Day-to-day Long-term Digitalization of fleet Advanced Bio-fouling weather management Future fuels Future vessels Future tech routing techniques solutions “Energy efficiency is the unsung hero of the energy transition” Remi Eriksen, CEO DNV 11
Slide 12: Select overview of initiatives to reach the SPT – energy efficiency is the key
Select overview of initiatives to reach the SPT – energy efficiency is the key Technical upgrades • Energy saving solutions: hull cleaning, biofouling • Energy efficiency upgrades & retrofits, including shore power capacity Operational improvements • Optimize each port pair of the voyage • Collabora
Slide 13: Highlights of our TCFD journey
Highlights of our TCFD journey 2020 and 2021: • We started our TCFD journey with our 2020 Annual Report, making disclosures partially covering 8 of 11 TCFD recommended disclosures • These preliminary disclosures were enhanced and improved with our first CDP reporting in 2021 • In 2021 we also conduc
Slide 14: Our key climate related financial risks concerns our shipping activities
Our key climate related financial risks concerns our shipping activities Risks • Transitioning to low emitting propulsion technologies with uncertain long-term viability • Lock-in to carbon emitting fuels that become less competitive during ships’ lifetime • Increased costs to ensure compliance with
Slide 15: Slide 15
Slide 16: Appendix
APPENDIX
Slide 17: Investors demand transparency on issuers' sustainability issues and targets
Investors demand transparency on issuers’ sustainability issues and targets Certain high yield investors have developed a list of 21 questions which we answer in the next slides ESG questionnaire: General industry Please list the industry’s three biggest sustainability (ESG) related challenges and •
Slide 18: 21 ESG questions: Environment (1/2)
21 ESG questions: Environment (1/2) ESG questionnaire: Environment Please list the firm's three primary risks related to climate change and if any, the firm's Risks climate related opportunities • Transitioning to low emitting propulsion technologies with uncertain long-term viability. • Lock-in emi
Slide 19: 21 ESG questions: Environment (2/2)
21 ESG questions: Environment (2/2) ESG questionnaire: Environment Transition related risks (for example changed customer preferences or legislation): Do you In addition to the identified climate risks listed on the previous page, we anticipate increased focus from investors, lenders, and anticipate
Slide 20: 21 ESG questions: Social
21 ESG questions: Social ESG questionnaire: Social Does the firm have a history of accidents? If so, how have these been managed? Are • Wallenius Wilhelmsen track all incidents, including first aid, medical treatment, lost time injuries and quality incidents. Any fatalities, there any preventive mea
Slide 21: 21 ESG questions: Governance (1/2)
21 ESG questions: Governance (1/2) ESG questionnaire: Governance Do all staff members receive continuing education on anti-corruption? Is there an external • At Wallenius Wilhelmsen we strive to work in an atmosphere of openness and responsible and ethical business conduct. whistle-blower function?
Slide 22: 21 ESG questions: Governance (2/2)
21 ESG questions: Governance (2/2) ESG questionnaire: Governance Which KPIs dictate the remuneration to management (are sustainability and diversity goals Wallenius Wilhelmsen’s remuneration policy covers all employees and is developed to ensure the Company attracts and retains included)? competent
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