Safeguarding our people and minimizing our impact on the environment

SUSTAINABILITY

KCC is committed to building its business on the highest Environment, Social and Governance (ESG) standards and to implement these standards into how we work and relate to our stakeholders.

A best-in-class safety culture that safeguards our people and minimizes our impact on climate and the environment is at the heart of everything we do, as we strive to make a positive contribution to society by improving the nature of shipping.

We are future bound!

Our pathway to net zero by 2050

  • Globe with trade lines illustrating ships

    A more sustainable alternative

    Our combination carriers trade in dedicated trade patterns with consecutive switches between dry and wet cargo shipments and minimum ballast between the laden voyages. Hence, the fleet emits up to 40% less greenhouse gases than standard dry bulk and tanker vessels for the same transport work.

  • Ship sailing into sunrise

    Smart leader in decarbonization

    Our strategy is that KCC shall provide the lowest carbon emission freight at the lowest cost to our customers within the caustic soda and clean petroleum trades and create a flexible and credible path to zero emission freight within these businesses.

  • Close up of ship bow

    Performance now

    KCC continued to make good headway on its decarbonization targets during 2025. The carbon intensity (EEOI) for the fleet was down 7.4% from 2024 to 6.1 in 2025. The result is 32% lower than that of standard vessels in the same trades.

  • Illustration of technology on a ship

    Ambition 2026

    We aim at delivering a 24% improvement in carbon intensity (EEOI) compared to 2018 through optimizing trading efficiency, perfecting voyage efficiency, and improving energy efficiency.

  • Rainbow effect on waves

    Ambition 2030

    Our striving goal is delivering a 33-42 % improvement in carbon intensity (EEOI) compared to 2018 through using new fuels, fleet renewal and efficiency improvements.

  • Iceberg

    Ambition 2050

    We are committed to reach to net-zero emissions in all operations by 2050.

  • Sun over clouds

    Beyond decarbonization

    We aim at delivering additional positive environment outcomes through vessel recycling, waste minimization, and air quality improvements.

  • Books on shelf

    Further reading

    For further reading, please see:

    Annual Report 2025s (page 35-47)

Sunset across the water

ESG Strategy

Environmental Social, and Governance

KCC’s main priority is the crew’s health and safety. We are confident that the success of our company is completely dependent on reaching the highest safety standards.

Decarbonization continues to be the centerpiece of KCC’s strategy, and in December 2025 the Board approved the new 5-year strategy for 2026-2030 where decarbonization remains a strategic priority for KCC and a key driver of long-term value creation. However, it has become necessary to reassess KCC’s carbon intensity targets set 2023 primarily due to slower than expected regulatory progress and weaker than expected support from customers.

The strategy sets ambitious but realistic decarbonization targets for the period 2026-2030 largely based on continued improving trading efficiency, deploying proven and scalable energy-efficiency technologies, and selectively exploring alternative fuels as regulatory and market conditions mature.

Bird's view of ship with sun on water

Environmental

Smart leader in decarbonization

Shipping is our business and we are committed to being a driver in the transition towards a low carbon industry through improving the efficiency of our fleet and operations. This means applying new technical solutions and fuels, and through close co-operation with customers, suppliers and other shipowners.

Over the coming years, we plan to further improve this by harvesting untapped efficiency improvement potential across KCC’s business. In parallel, we are actively preparing for the utilization of new low- and zero-carbon fuels.

Seafarer on radio

Social

Always safe and secure

Our goal is that no one should be injured while working for Klaveness. We believe operational accidents are preventable, and every day we work to strengthen our safety culture and performance.

Our double materiality assessment confirmed that safeguarding people and minimizing environmental impact are areas where we create long-term value. As a global shipping company, we must navigate risks such as geopolitical tensions, the complexities of the green transition and value chain labor conditions with care and accountability. For more, see our 2025 Annual Report (page 61-76).

Two men smiling at computer

Governance

Trusted and responsible partner

Strong governance and maintaining complete transparency with stakeholders is foundational to how we operate. We work to maintain high standards of accountability and transparency; anchored in our Compliance Program, Code of Conduct, and zero-tolerance approach to corruption.

Through regular training, risk-based screening of business partners, and a culture that encourages speaking up, we aim to ensure responsible business practices across our operations and value chain.

For more, see our 2025 Annual Report (page 77-82).

Matrix graph

Materiality Matrix

The starting point for sustainability reporting is the double materiality assessment (DMA). KCC applies the principle of double materiality in determining how sustainability topics may constitute responsibilities or risks, enabling KCC to understand and report those topics where KCC has significant responsibility to mitigate potential negative impact on society or to the environment and where topics may pose significant risk to the business.

The different sustainability topics are ranked in terms of impact on the environment and people (inside-out approach) and financial materiality, which is the outside world’s impact on the company’s value creation (outside-in approach).

CEO presenting to audience

Stakeholders

It is important for KCC to be transparent and build trust with its stakeholders. Continuous learning and improvement are key for us, hence having an open dialogue with the main stakeholders is fundamental. Main stakeholder groups for KCC are customers, crew, employees, equity investors, debt providers, regulators and suppliers.

KCC’s stakeholders are particularly concerned about health and safety, climate change, anti-corruption, ship recycling, labor and human rights, diversity, and business ethics.