Our mission - Together, we enable sustainable maritime development - means we help Members and clients, people and society make the most of opportunity at sea. This sets the direction of our business.

Gard has been creating value for society for more than a century by helping our Members and clients in the marine industries to manage risk and its consequences. Based on our long experience, we have gathered extensive knowledge on what causes losses and how they can be avoided. By preventing accidents and managing risks, we minimise the consequences for the society and the environment, at the same time as we reduce the costs for the maritime industries as well as our Members and clients.

Sustainability in therefore directly connected to Gard’s core business which is to understand, manage and carry maritime risk. As risk managers, risk carriers and investors, we have a vital interest, and play an important role, in fostering sustainable economic and social development. Through risk prevention, risk reduction and risk sharing we help protect the lives and livelihoods of the seafarers and make the ocean cleaner and safer. We enhance positive industry influence by using our industry leading position and knowledge for sustainable maritime development.

Gard’s commitment to our Members and clients permeates our behaviour, priorities and communication at all levels of the organisation. The focus on our customers is key throughout the value chain, from product  and service development to underwriting and claims settlement. Social and environmental issues are becoming increasingly important to all our stakeholders and sustainability is therefore an integral component of our strategy, which is reflected in our mission statement: “Together, we enable sustainable maritime development”.

 

Operationalising sustainable business

We have articulated our 2025 goals - with a strategic focus on financial strength, building a competent, agile and effective global organisation and developing its market position through sustainable growth. To us, sustainable encompasses the creation of long-term financial value for our Members, the mitigation of maritime risks, our responsibility for the marine environment and for conducting our business with integrity and high ethical standards.

Furthermore, sustainable business is operationalised by working systematically to reduce the negative, and enhance the positive, impact on social, environmental and economic impact issues. Working with sustainability means both identifying potential risks, working to mitigate them, and to understand how our business can support sustainable development.

We aim to ensure sustainability in our business by focusing on three courses of action: 


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Acting responsibly

We are committed to the ten principles of the UN Global Compact. These principles cover human rights, labour standards, environmental protection and combating corruption. 

 

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Finding opportunities

The changing risk landscape is also presenting new opportunities and Gard is committed to invest in innovative solutions in support of the Sustainable Development Goals. This will support our Members and clients as they adapt to a rapidly changing world.

 

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Inspiring and advocating

Gard will advance the case for responsible and sustainable business conduct through advocacy and outreach within our sphere of influence. Gard will proactively build networks, partner and collaborate to bring the maritime world together, using our industry leading position and knowledge for sustainable maritime development.


Our committments and framework

We are committed to the ten principles of the UN Global Compact. These principles cover human rights, labour standards, environmental protection and combating corruption. 

We support public accountability and transparency, and therefore commit to report on our progress within these areas. This includes a description of practical actions taken, i.e. disclosure of any relevant policies, procedures, activities that we have taken to implement the UN Global Compact principles. We will also measure outcomes by providing qualitative or quantitative results.

We want to combine economic, environmental and social progress as part of our business operations in order to meet different global challenges and enhance positive impact on the sustainable development goals. Gard is committed to the 2030 Agenda and the Sustainable Development Goals which was adopted by all United Nations members states in 2015. We acknowledge that global challenges can only be solved by working together and we are focusing on the achievement of in particular the SDGs outlined below:


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Goal no 3

In Gard, we work continuously to influence and improve industry standards for human rights, safety standards and training for seafarers, fair treatment of people and the protection of the environment to our Members and clients. 

We also use our knowledge, experience and data insight  to avoid death and injury due to exposure to hazardous cargos and hazardous ship conditions, including liquifaction.

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Goal no 8

Sustainable economic growth will require societies to create the conditions that allow people to have quality jobs that stimulate the economy while not harming the environment. Job opportunities and decent working conditions are also required for the whole working age population.

In Gard we work to eliminate child labor and eradicate forced labor, as well as protecting labor rights and creating a safe and secure working environment. We support  the UK Modern Slavery Act and apply the Gard’s Modern Slavery Act statement.  

 
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Goal no 13

Climate change is a serious social and economic challenge. Extreme weather conditions causes physical, regulatory and technological risks to our Members and clients. By preventing accidents and managing risks, we minimise the consequences for the society and the environment, at the same time as we reduce the costs for the maritime industries as well as our Members and clients.

Together with other business leaders across the shipping value chain, Gard is a signatory to the Call to Action for CEOs and maritime industry leaders in support of decarbonization.


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Goal no 14

Gard has been creating value for society for more than a century by helping our Members and clients in the marine industries to manage risk and its consequences. Based on our long experience, we have gathered extensive knowledge on what causes losses and how they can be avoided. By preventing accidents and managing risks, we minimise the consequences for the society and the environment, at the same time as we reduce the costs for the maritime industries as well as our Members and clients.

We have also signed the world’s first insurance industry statement on sustainable marine insurance commitment to not knowingly insure or facilitate the insuring of vessels that have been officially blacklisted for their involvement in illegal, unreported or unregulated (IUU) fishing. 

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Goal no 16

Gard is committed to upholding high ethical standards in all of our operations, wherever located or carried out, by us or on our behalf. We believe that effective corporate governance is essential and have established an open and transparent framework to deliver insurance products and services to our Members and clients.

Our Gard Corporate Governance Manual are intended to ensure that the members of the boards and committees will be in a position to review and evaluate the business operations of the group and to make appropriate decisions as needed.

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Goal no 17

Many of the challenges faced by the maritime industries require a joint industry response. By being actively involved, Gard contributes to the recongnition of industry institutions and collaboration for achieving logeviety and prosperity within our industry.  

The Gard Outreach Programme focusses on developing relationships with salvage and counter-pollution authorities around the world to promote better response to accidents and compensation practices that benefit both the shipping industry and society as a whole.  


The Gard – Red Cross partnership

Gard is an official partner of the Norwegian Red Cross. The aim is to strengthen the Red Cross’s humanitarian work while increasing the knowledge and engagement among our employees of the humanitarian situation in those countries and regions where we operate.

To learn more about the partnership, see this article and follow us – and the Red Cross - on Facebook


Giving back to the society

Our patnerships and donations are consentrated to making a positive contribution to the industries og local communities in which we serve and operate. 

Gard corporate donations

We  believe in sharing knowledge and expertise to continuously raise standards and improve learning. Twice a year, Gard makes donations to charitable causes that share this view. To learn more about the process, eligible recipients and the terms and conditions that apply, please follow this link.


Would your charitable organisation like to be considered? 
Please apply by filling in this form – next application deadline is 1 March 2020.