StormGeo Reaffirms Commitment to Sustainability with UN Global Compact Report

StormGeo demonstrates its continued dedication to sustainability and responsible business practices by submitting its latest Communication on Progress (CoP) to the UN Global Compact. This CoP highlights our ongoing efforts in environmental, social, and governance (ESG) performance and reinforces our long-term commitment to corporate social responsibility.

Established in 1999, the UN Global Compact has grown to become the world’s largest corporate sustainability initiative, with more than 25,000 corporate participants from 167 countries. StormGeo has been committed to the UN Global Compact corporate initiative, and the Sustainable Development Goals, and its ten principles on human rights, labor, environment, and anti-corruption since 2018.

“As a company rooted in deep knowledge about the weather and environment, StormGeo has long been committed to working according to sustainability best practices,” says Natalie Diane Gibson Eaton, Global HSSE & Sustainability Manager at StormGeo.

“Our participation in the UN Global Compact strengthens our ability to integrate sustainability thinking into our own operations while simultaneously helping our clients navigate the green transition and contribute positively to society at large. We’re proud of our progress so far and look forward to further innovating for a greener future for our clients and society.”

Progress Toward Global Sustainability Goals

StormGeo made significant strides in advancing its sustainability goals – contributing both to the UN Global Compact and the UN Sustainable Development Goals (SDGs) – in 2023, the year which the latest CoP covers.

Some of the highlights include:

• Launching our EU ETS solution: We launched a tool designed to address the demands of the EU Emissions Trading System (EU ETS) for the shipping industry – yet another building block to our vision to support the shipping industry in achieving its decarbonization goals while increasing profitability and growth.
• Offering a Carbon Intensity Indicator (CII) simulator for charterers: We released a new tool helping charterers to assess the impact of CO2 emissions along a planned route to determine the optimal speed and consumption based on the latest weather forecasts.
• Partnering with 7Analytics to launch a flood modeling solution: In 2023, we partnered with 7Analytics to provide the Houston area with high-resolution real-time flood analysis and predictions, allowing stakeholders to make better-informed decisions during flood events.
• Cultivating a safe and inclusive culture: Regarding the UN Global Compact principle no. 6, of the elimination of discrimination in respect of employment and occupation, all managers at StormGeo undergo leadership training focused on fostering psychological safety within teams, alongside inclusion and diversity workshops available to all employees to strengthen an inclusive culture across the organization.

Driving Impact at the Intersection of Nature and Technology

With strong positions in the shipping and energy industries, we have developed vast knowledge built over two decades about weather intelligence, ocean science, climatology, and advanced algorithms for decision support. At StormGeo, we are "Informed by nature, powered by technology," ensuring that our knowledge of weather and nature, combined with advanced technology, helps us and our clients reduce their environmental impact.

Within the shipping industry, for example, we monitor and help optimize performance for more than 73,000 voyages, leading the way to green transition, sustainability, and growth for the industry. This amounts to 5 million+ MT of fuel saved over a decade and 15 million+ MT less CO2 emissions over a decade.

Sustainability as a Driver for Innovation and Growth

Our ability to deliver innovative solutions is fueled by our deep understanding of nature, the weather, and the environment – as well as our commitment to responsible business practices. By continuing our commitment to the principles of the UN Global Compact, we strengthen our ability to help our clients navigate the green transition and a changing climate.

Access our latest CoP here.