Sustainability Agenda
Hafnia – an overview of 2019

The Global Goals for Sustainable Development
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Our Approach to Sustainability
Our approach to sustainability starts with the United Nations Sustainable Development Goals (UNSDGs). Much of what we do at Hafnia contributes towards multiple UNSDGs. Hydrocarbons fuel our planes, trains and automobiles. They power our homes and are used to make the roads that connect our cities. From clothes to cleaning products, packaging and pharmaceuticals – our modern world depends on hydrocarbons. Its safe and responsible transportation around the world is therefore essential to maintaining a sustainable quality of life globally.
As a member of BW Group, Hafnia leans on over 80 years of deep maritime expertise and legacy. The Group’s work in oil and gas transportation, floating gas infrastructure, environmental technologies and deep-water production lends Hafnia deep experience, and a track record of dependability. We believe in the importance of playing a role in the sustainable development of maritime energy transportation. We are confident of our ability to contribute positively and act to reduce our impact on the environment for future generations to come.
Sustaining the world with hydrocarbons
Hafnia is taking the lead in the product tanker industry to increase the sustainable and responsible transportation of hydrocarbons to support sustainable growth as outlined by the UN’s Sustainable Development Goals.

depends on hydrocarbons
How We Engage Stakeholders
Regular dialogue with employees, crew, customers, investors, bank partners, industry groups, governments, regulators, suppliers and third-party providers through formal and informal channels is essential to the way we do business at Hafnia. We are open to stakeholder engagements on how we can develop sustainably in collaboration and partnership. The table below summarises the highlights of our stakeholder engagement in 2019.
Summary of Stakeholder Engagement and Outcomes
Stakeholder | Mechanisms for engagement | Stakeholder expectations | Follow-up from Hafnia |
Crew |
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Employees |
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Customers |
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Pool partners |
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Government and policy makers |
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Capital Providers |
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Potential talent |
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Above: Summary of Stakeholder Engagement and Outcomes
Topics of Materiality and Our Sustainability Approach
Materiality is a critical input into this sustainability report as it ensures we provide our stakeholders with the information most relevant to them and our business. Material topics are those that can reasonably be considered important to reflect Hafnia’s Environmental, Social and Governance (ESG) impacts, or influencing the decisions of stakeholders. Materiality can also be determined by international standards and agreements, broader societal expectations, and by our influence on upstream entities, such as suppliers, or downstream entities, such as customers and shipyards. A list of 16 material topics was consolidated through formal and informal discussions with multiple stakeholders, and forms the foundation of our sustainability approach.
Our commitments |
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Our priority projects |
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Our fundamentals |
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Above: Hafnia’s contributions towards the United Nation’s Sustainable Development Goals

Above: Hafnia’s Sustainability Strategy
At the top of our sustainability agenda lies our commitment as a company to sustainable development – the provision of safe and reliable hydrocarbon transportation solutions for our customers. Our business is at the heart of global trade, and we focus on delivering energy to world markets, even as we look to the future and explore what it means to pursue sustainable development as a shipping company.
In 2019, we made it our priority to actively participate in the decarbonisation of shipping, and to improve workforce diversity at Hafnia. These two topics will be the subject of special focus in this chapter. Our material topics touch directly or indirectly on many of the UNSDGs and Table 2 shows our efforts in this regard.

Above: Singapore flagged BW Galatea, one of Hafnia’s newbuilds delivered in 2019 and built with energy-saving equipment such as rudder bulb, and mass flow meters (MSM) in its fuel lines
Material issue | Zero Harm | Security at Sea | Spills to Sea | Emissions to Air |
Importance | Fundamentals/ Strategic/ Safety of Life | Fundamentals/ Strategic/ Safety of Life | Fundamentals/ Strategic/ Environment | Fundamentals/ Strategic/ Environment |
UNSDG | ![]() ![]() |
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Targets met? | ![]() |
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Goal | To achieve Zero Harm to People, Environment & Property with a commitment to return safely to our families and friends | To protect our crew and assets from risks in troubled times and waters | To protect our oceans and seas from pollution arising from our operations | To reduce our environmental impact and comply with all global emissions regulations |
2019 targets |
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2019 progress |
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2020 targets |
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1 We regret to report 5 Lost Work Case Injuries in 2019. Full investigations and Root Cause analyses were done for all cases, and learnings were shared fleetwide. These 5 cases did not involve loss of body parts.
Material issue | Ship Recycling | Plastic Waste & Garbage Disposal | Regulatory Compliance | Freedom to Trade |
Importance | Fundamentals/ Strategic/ Environment | Fundamentals/ Strategic/ Environment | Fundamentals/ Strategic/ Governance | Fundamentals/ Strategic/ Governance |
UNSDG | ![]() ![]() |
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Targets met? | ![]() |
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Goal | To ensure that all ship recycling is conducted in compliance with the Hong Kong Convention | To ensure clean seas and reduce plastic waste1 on board and ensure compliance with international sewage regulations | To ensure full compliance with relevant international maritime regulations governing shipping and energy transportation including EU MRV and IMO DCS Reporting | To observe political developments carefully, influence government and regulatory bodies actions where possible and comply with sanctions |
2019 targets |
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2019 progress |
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2020 targets |
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1 Plastic means a solid material which contains as an essential ingredient one or more high molecular polymers and which is formed during either manufacture of the polymer or the fabrication into a finished product by heat and/or pressure. For the purposes of MARPOL Annex V, “all plastics” means all garbage that consists of or includes plastic in any form, including synthetic ropes, synthetic fishing nets, plastic garbage bags, containers, electrical and electronic components, utensils, and incinerator ashes from plastic products.
Material issue | Anti-corruption and anti-bribery | Culture & Values | Workforce Diversity | Talent Development and Retention |
Importance | Fundamentals/ Strategic/ Governance | Fundamentals/ Operational/ Right People | Fundamentals/ Operational/ Right People | Fundamentals/ Operational/ Right People |
UNSDG | ![]() |
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Targets met? | ![]() |
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Goal | To stand united and eliminate corruption and bribery faced by the maritime industry | To make Hafnia one of the best places to work, where we treat each other with respect and work together to deliver the industry of tomorrow | To create an inclusive work environment and culture where differences are celebrated and cross-cultural best practices are developed | To find and develop people that will thrive within the Hafnia culture and have qualities that can push the business to greater heights |
2019 targets |
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2019 progress |
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2020 targets |
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Material issue | Crew Wellness | Customer Relations | Innovation | Asset Management |
Importance | Fundamentals/ Operational/ Right People | Fundamentals/ Operational/ Right People | Fundamentals/ Operational/ Right Resources | Fundamentals/ Operational/ Right Resources |
UNSDG | ![]() ![]() |
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Targets met? | ![]() |
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Goal | To continuously improve the physical and mental health of our Seafarers | To build trust with customers that we can be relied upon for fast and accurate response to all queries | To encourage a culture of innovation and creativity at Hafnia; and in partnership with peers and start-ups, explore new solutions and offerings in the maritime energy sector | To ensure optimal availability of vessels for our customers |
2019 targets |
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2019 progress |
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2020 targets |
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1 Upgrade of elderly tonnage added to off-hire days.