Can transparency and innovation drive sustainable ship recycling?

Tune in to hear:

An overview of the evolving ship recycling landscape, highlighting the competing priorities between regulation, commercial interests and ESG demands.

How Grieg Green has positioned itself within this evolving landscape by developing the YardScore initiative, which addresses fundamental gaps in industry transparency.

An analysis of the Hong Kong Convention, EU Ship Recycling Regulation and the Basel Convention.
The challenges associated with the cost of sustainable ship recycling, and how Grieg Green aims to address the industry’s reluctance to adopt higher standards.

Regulatory approaches that incorporate incentives ("carrots rather than sticks"), encouraging wider adoption of sustainable practices.

YardScore’s role as a transparency tool, with Grieg Green employing measures like document verification and spot checking to ensure it remains resistant to manipulation or bias.

Strategies to address systemic issues such as poor labour conditions and exploitation at shipbreaking yards, using local contacts and "proxy witnesses."

Stakeholder engagement, involving banks, charterers and insurers, playing a vital role in integrating ESG criteria into funding decisions for ship recycling projects.

Automation and digitalisation’s potential as long-term solutions for improving safety and reducing costs in ship recycling facilities, leveraging technologies like digital modelling and robotics.

How YardScore aims to measure the long-term environmental and social impact of recycling projects by tracking improvements across various modules.