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Cruise and container shipping companies: a comparative analysis of sustainable development goals through environmental sustainability disclosure

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  • Assunta Di Vaio
  • Luisa Varriale
  • Maria Lekakou
  • Evangelia Stefanidaki

Abstract

The shipping industry, due to the ships’ gigantism trend and the concentration of operations in specific regions, is considered the source of both positive and negative impacts for port-cities. The ambitious objective of the International Maritime Organization (IMO) for the decarbonisation of the sector till 2050 has further shifted attention on the activities and policies that shipping companies adopt and implement not only for complying with international regulations but moving beyond, integrating sustainability priorities and goals into their corporate strategic planning. In the context of the 17 Sustainable Development Goals (SDGs) of the United Nations, this paper aims at investigating the nature and orientation of voluntary disclosure practices and environmental sustainability for achieving the SDGs in the maritime industry, focusing on the cruise and container shipping markets. Analysis confirms the companies’ commitment towards meeting the 2030 Agenda through dedicated sustainability strategies. However, it revealed the qualitative nature of reported information and the lack of specific indicators for measuring and evaluating sustainability performance at the corporate level.

Suggested Citation

  • Assunta Di Vaio & Luisa Varriale & Maria Lekakou & Evangelia Stefanidaki, 2021. "Cruise and container shipping companies: a comparative analysis of sustainable development goals through environmental sustainability disclosure," Maritime Policy & Management, Taylor & Francis Journals, vol. 48(2), pages 184-212, February.
    • Handle: RePEc:taf:marpmg:v:48:y:2021:i:2:p:184-212
    DOI: 10.1080/03088839.2020.1754480
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    Cited by:

    1. Ignat Kulkov & Magnus Hellström & Anastasia Tsvetkova & Johan Malmberg, 2023. "Sustainable Cruise Tourism: Systematic Literature Review and Future Research Areas," Sustainability, MDPI, vol. 15(10), pages 1-19, May.
    2. Ronaldo, Reza & Suryanto, Tulus, 2022. "Green finance and sustainability development goals in Indonesian Fund Village," Resources Policy, Elsevier, vol. 78(C).
    3. Li, Wenjing & Cui, Jiasheng & Gao, Jun & Xiong, Jia, 2023. "Corporate social responsibility in China's airline industry: A longitudinal content analysis of related reports," Journal of Air Transport Management, Elsevier, vol. 111(C).
    4. Daniel P. Carlisle & Pamela M. Feetham & Malcolm J. Wright & Damon A. H. Teagle, 2024. "Public response to decarbonisation through alternative shipping fuels," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(8), pages 20737-20756, August.
    5. Bodur S. Alonazi & Thowayeb H. Hassan & Mostafa A. Abdelmoaty & Amany E. Salem & Mahmoud I. Saleh & Mohamed Y. Helal & Yasser Ahmed Mohamed & Magdy Sayed Abuelnasr & Daniel Alemshet Gebreslassie & Mon, 2023. "Tourist Behavior in the Cruise Industry Post-COVID-19: An Examination of Service Quality, Corporate Image, and Intentions to Pay and Revisit," Sustainability, MDPI, vol. 15(11), pages 1-21, May.
    6. Arthur J. Lin & Hai-Yen Chang & Brian Hung, 2022. "Identifying Key Financial, Environmental, Social, Governance (ESG), Bond, and COVID-19 Factors Affecting Global Shipping Companies—A Hybrid Multiple-Criteria Decision-Making Method," Sustainability, MDPI, vol. 14(9), pages 1-29, April.
    7. V. Sruthy & P. K. Preetha, 2024. "Implementation and operational feasibility of an offshore floating charging station for sustainable marine transportation," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(8), pages 20931-20962, August.
    8. Enxin Chi & Bao Jiang & Luyao Peng & Yu Zhong, 2022. "Uncertain Network DEA Models with Imprecise Data for Sustainable Efficiency Evaluation of Decentralized Marine Supply Chain," Energies, MDPI, vol. 15(15), pages 1-16, July.
    9. Natalia Wagner, 2023. "Inventive Activity for Climate Change Mitigation: An Insight into the Maritime Industry," Energies, MDPI, vol. 16(21), pages 1-23, November.
    10. Linlin Cui & Long Chen & Xiao Yang, 2024. "Evaluation and analysis of green efficiency of China's coastal ports under the "double carbon" goal: two improved DEA models with CO2 emissions," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(11), pages 29099-29128, November.
    11. Natalia Wagner & Bogusz Wiśnicki, 2022. "The Importance of Emerging Technologies to the Increasing of Corporate Sustainability in Shipping Companies," Sustainability, MDPI, vol. 14(19), pages 1-20, September.
    12. Assunta Di Vaio & Anum Zaffar & Daniel Balsalobre-Lorente & Antonio Garofalo, 2023. "Decarbonization technology responsibility to gender equality in the shipping industry: a systematic literature review and new avenues ahead," Journal of Shipping and Trade, Springer, vol. 8(1), pages 1-20, December.
    13. Lan Gao & Feng Yang, 2023. "Do resource slack and green organizational climate moderate the relationships between institutional pressures and corporate environmental responsibility practices of SMEs in China?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(11), pages 13495-13520, November.
    14. María Garrido-Ruso & Beatriz Aibar-Guzmán & Albertina Paula Monteiro, 2022. "Businesses’ Role in the Fulfillment of the 2030 Agenda: A Bibliometric Analysis," Sustainability, MDPI, vol. 14(14), pages 1-35, July.

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