TSC Annual Report 2024 final - Flipbook - Page 36
Managing Director Report
ESG
Insurance –
solutions supporting
Decarbonisation of
Shipping
Being a mutual marine insurance provider, the
Club has an important role in supporting shipping
decarbonisation by ensuring that relevant insurance
solutions are available for the emerging risks its
members may face. Alternative fuels and new ship
designs are changing the landscape of shipping.
For the Club, honouring its heritage and supporting
the technological transition by providing relevant
insurance solutions is important. After all, the
Club was founded in 1872 by shipowners 昀椀nding
themselves unable to procure relevant insurance for
their modern ships. Social-related Questions & UN
Goal 3 - Good Health and Wellbeing
Ethical Code of Conduct
Social responsibility is a central part of the Club’s operations.
The Club has an Ethical Code of Conduct, which each
employee reviews and gives consent to annually. Adherence
to the ethical guidelines is followed up at regular employee/
manager meetings and through interactive questionnaires on
the Club’s intranet.
Community of the Club’s Members
Another important social dimension involves the community,
which ownership in the Club entails. The Club’s membership
stretches from local bunker barge operators to the world’s
largest state-owned shipowners. Furthermore, some of the
Club’s members are based in countries with tense political
relationships and, as a result, have little or no business
relationships. Therefore, the Club is a unique platform for
creating a community and building relationships beyond
political and geographical boundaries.
The Swedish Sea Rescue Society (SSRS)
The Club supports the local community by sponsoring The
Swedish Sea Rescue Society (SSRS). The SSRS is a non-pro昀椀t
organisation founded by dedicated volunteers in 1907. More
than 100 years later, the dedication still runs deep among
the volunteers, who are always prepared to help whenever
someone needs assistance at sea.
Sponsor of ‘Faktum’
The Club is also a proud sponsor of the magazine ‘Faktum’,
a monthly magazine sold by, and for the bene昀椀t of, homeless
people, raising awareness of the situation and providing a way
back.
36 The Swedish Club | Annual Report 2024
