Following the postponement of the Ship Recycling Transparency Initiative (SRTI) in-person roundtable event (March 2020) due to COVID-19, the SRTI community is instead meeting at a series of themed webinars between April and June 2020. Each webinar covers a theme of relevance to the SRTI’s vision and responsible ship recycling: data and transparency, circular economy, and the role of financial stakeholders.

The webinar series forms an important part of the SRTI’s further development, identifying areas for expansion of the disclosure criteria against which shipowners are currently disclosing, and stakeholders’ use of this data. They will also explore common themes and concerns for the potential development of disclosure criteria for ship building yards and ship recycling facilities, to be shared in a final online roundtable event, scheduled to take place September 9.

Webinar 1: Data and transparency

SRTI Steering Group member Simon Bennett, General Manager – Sustainable Development at The China Navigation Company facilitated the first webinar, which focused on the role of data and transparency in driving responsible ship recycling.

35 participants attended the webinar, representing a diverse range of our stakeholder groups and including shipowners, ship recycling facilities, NGOs, financial stakeholders, among others.

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Webinar 2: Circular economy

Andrew Stephens, Executive Director and Nicole Rencoret, Head of Communications and Development at the SSI/SRTI Secretariat facilitated this webinar that focused on how the design, building and operation phases of a ship’s lifecycle can contribute to its sustainable and responsible recycling at end of life.

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Webinar 3: The role of financial stakeholders

SRTI Steering Group member Søren Larsen, Head of ESG at Nykredit facilitated this webinar on the role of financial stakeholders in responsible ship recycling, focusing on the use of SRTI data and how the information currently being disclosed by shipowners via the SRTI is relevant and useful for investors, lenders, and other data users.

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