Wencon ESG report 2024 - Flipbook - Side 4
ABOUT THE REPORT
2024 marks our 昀椀rst year of ESG reporting and re昀氀ects our commitment to become more transparent about
how we contribute to more sustainable maritime operations. The purpose of this report is to establish a solid
foundation for our future ESG work by mapping our actual and potential environmental and social impacts and by
identifying actual and potential ESG-related risks and opportunities.
The report is based on the basis and the comprehensive module of the EU standard for voluntary reporting for
small and medium-sized enterprises. Although this report covers the year 2024, the insights are informed by our
昀椀rst double materiality analysis, conducted in 2025.
Covering the accounting period 01-01-2024 to 31-12-2024, the report and the accompanying ESG statement
have been prepared on an individual company basis.
Our report is divided as follows, where information and key 昀椀gures on the following areas are described:
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General information
Environment: We extend the lifetime of maritime equipment through our Repair over Replace philosophy,
reducing the need for new materials and lowering their Scope 3 emissions while improving our own energy
e昀케ciency and transitioning to renewable electricity.
Social: We provide a safe, healthy and inclusive workplace where employee well-being and professional
development are key priorities
Governance: Guided by our Code of Conduct , we operate ethically and transparently, ensuring compliance
with international standards and strengthening data protection, risk management and stakeholder trust.
The report concludes with our overall ESG statement, and the accounting principles applied.
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