We believe that long-term value creation depends on the sustainable development of the Company and giving back to the different communities in which we operate and which we impact. Our SD Policy covers this commitment (“To cause zero harm to our stakeholder communities”).
CNCo invests in the key stakeholder communities where we have major presence. A number of Corporate Philanthropic (CP) and Community Investment projects are being implemented in various geographic locations with numerous employee engagement activities. We calculate Social Return on Investment for large Community Investment projects to ensure that they create value to the communities. CNCo’s Sustainable Development department is managing Community related matters together with local champions in various geographical locations.
We support charities and community organisations as well as our employees in need. Our support for our communities focuses, as far as possible, on the following areas:
- Provision of Educational and/or Health Opportunities for Youth; and/or
- Enhancing the Companies’ Presence in our Stakeholder Communities; and/or
- Environmentally/Biodiversity Sustainability issues;
whilst as best possible simultaneously:
- Demonstrating a strategic fit with CNCo’s business;
- Fostering or enhancing a Corporate Partnership with CNCo, (rather than being disconnected philanthropy) – i.e. be Business Critical Community Engagement (“BCCE”);
- Involve a Long-Term Partnership;
- Be Responsive to Community Needs;
- Normally avoid “One-Offs” (i.e. general disaster relief)
- Involve fewer but larger sums, rather than many small donations, as these have a bigger impact multiplier.
We are committed to establishing long-term, mutually rewarding relations with our partners and our communities. To learn more about CNCo’s global partnerships, please refer to the Communities section of our Sustainable Development reports.
Supporting research programmes (globally)
CNCo works with a number of scientific organisations such as the Commonwealth Scientific Research Organisation (CSIRO) and the National Oceanography Centre at the University of Southampton to facilitate data collection using CNCo vessels. The data is used to study the changes in weather patterns, and understanding the roles of the oceans as carbon sinks as well as the distribution of marine life.
CNCo is supporting the UK National Oceanography Centre (NOC) through a multi-year Swire National Oceanographic Centre Ocean Monitoring System (SNOMS) programme. The measuring devices were installed on CNCo’s multipurpose vessel in 2016 to provide vital data on the oceans’ ability to slow the build-up of carbon dioxide in the atmosphere and mitigate ocean acidification.
Commitment to Saving Whales (Canada)
CNCo participated in a voluntary speed reduction initiative led by the Vancouver Fraser Port Authority to do its part for the recovery and survival of killer whales. Research has shown that noise can interfere with the ability of whales to hunt, navigate and communicate with each other.
The initiative aims to save endangered southern resident killer whales which numbered 74 in 2018, a 30 year low.
Read more about the programme here.
Moana Taka Partnership (Pacific)
The Pacific Island Countries and Territories (“PICT”), responsible for managing 10% of the world’s oceans, have a huge amount of waste, including large amounts of plastics collecting in their overflowing landfills, and then being washed into the surrounding seas.
CNCo formed a partnership with The Secretariat of the Pacific Regional Environment Programme (SPREP) where we provide containers and ocean freight carriage on FOC basis to move the currently ever increasing quantity of recyclable waste out of the Pacific to competent and sustainable recycling plants.
Read more about this partnership here. View the press release here.
Watch the full version of the video
Partnership with Endangered Species International (the Philippines)
CNCo partners the Endangered Species International (ESI) in South Mindanao in the Philippines on mangrove and coastal reef conservation and to protect the endangered Philippine forest turtles.
Under this partnership, ASSM volunteers (who are CNCo seafarers) work in the field alongside the ESI on various conservation and community engagement activities. CNCo organised a number of field trips to both the Mt. Matutum Protected Landscape and Sarangani Bay area downstream of this.