Sustainability reporting

The report also represents our Communication on Progress to the UN Global Compact and covers the financial year from January 1, 2022, to December 31, 2022. This year’s sustainability report also draws upon the recommendations set forth by the Task Force on Climate-related Financial Disclosures. With this report, we fulfil the requirements stated in sections 135 and 135a of the Danish Executive Order on Financial Reports for Credit and Investment Companies. This report also constitutes a part of our annual reporting alongside our Risk Report. The compilation of ESG data in this report draws upon standards developed by FSR – Danish Auditors (Danske Revisorer), Nasdaq, and CFA Society Denmark (Finansforeningen).

Danish Ship Finance is not subject to the Sustainable Finance Disclosure Regulation (SFDR), but we are subject to the new Corporate Sustainability Reporting Directive (CSRD) due to the changes in the criteria for large EU companies. Large companies that were not previously subject to the reporting requirements in the Non-Financial Reporting Directive art. 19a and 29a will now have to apply CSRD from financial years starting on or after January 1, 2025. We will therefore report on data from 2025 in 2026.

Read our latest sustainability report here: Sustainability Report 2022