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IMPACTFUL AND INCLUSIVE CONTENT Much of the news, weather, and informative content that we produce ourselves, as well as a substantial amount of national network content that we broadcast, increases viewers’ awareness of social and environmental issues.
In an effort to build awareness and spotlight HBCUs, Gray produced and aired programs that speak to HBCUs’ core values of leadership, community, academic excellence, and diversity.
For example, WBRC in Birmingham, Alabama, produced a story highlighting local hospital UAB’s LGBTQ Healthcare Equality Leader designation from the Human Rights Campaign Foundation, recognizing the hospital’s inclusion policies for the LGBTQ employee population, as well as the continued adoption of best practices for an...
Coverage included coastal resilience, local river diversion, monitoring greenhouse gas emissions, and Louisiana’s local climate action plan.
They are our greatest strength, and we seek to provide an environment that focuses on continual growth, inclusion, and innovation.
Additional training opportunities that are available for the full company include topics such as communication strategies, conflict resolution, workplace diversity, emotional and social intelligence, stress management, and improving mindfulness.
We believe that diversity, equity, and inclusion (DEI) are principles that drive innovation and should guide us as we build our teams and our business.
DIVERSITY IN RECRUITMENT Gray believes in building a pipeline of diverse and talented media professionals.
By creating these opportunities for students primarily from Historically Black Colleges and Universities in Mississippi, the program helps to improve diversity, equity, and inclusion in media.
In series to all employees, with programs that cover diversity, equity, inclusion, harassment, and discrimination.
We strongly believe that diverse voices should be represented at every level in our business and will continue to foster meaningful diversity and inclusion practices.
It is the intent of Gray to provide a safe work environment in compliance with all applicable laws, regulations, and industry best practices for the protection of all employees and the facilities we operate.
We also pay for employees to engage in selected learning activities from external sources, including obtaining professional certifications, and earn continuing educational units.
COVID-In 2021, as part of Gray’s commitment to ensuring a safe work environment, we instituted a policy requiring all employees and visitors in our workspaces to be fully vaccinated against COVID19, with exceptions provided for those with certain medical conditions or religious objections.
In light of our environmental responsibility, we are committed to operating responsibly and efficiently, and to reducing environmental risks, including those related to climate change, associated with our operations.
Energy Efficiency FACILITIES AND EQUIPMENT We continually invest in a number of resource efficiency initiatives and look for opportunities to make further improvements to our operations.
• Consolidation of technology core and station operational systems that reduce the electronic footprint needed to operate a television station.
• Transmitter technology replacements resulting in material savings in electricity consumption with newer equipment.
• Installation of energy-efficient lighting in existing facilities and throughout new builds, especially with regard to studio lighting (reduce and eliminate fluorescent and incandescent lighting).
• Installation of new energy-efficient HVAC systems and controls that also eliminate use of previously standard refrigerant elements in order to lessen the impact on ozone layers.
All three facilities use energy-efficient IT equipment and have various energy certifications, including Energy Star and Green Globes.
Where possible, Gray seeks to reduce operational waste through reuse, recycling, and other reduction strategies.
Our technology and e-waste recycling policies ensure that technical equipment, computers, laptops, monitors, smartphones, tablets, and other aged electronics are responsibly disposed through local partners.
Construction As part of the company’s sustainability strategy, we have taken several steps to reduce environmental impact through project design and construction.
Formerly a General Motors plant, the Assembly Atlanta property included construction began in late 2021.
As a result, no concrete was hauled off site or shipped to landfills, thereby avoiding additional landfill waste as well as extensive transportation of the former factory’s concrete.
In addition, we constructed all stormwater structures above ground instead of underground in vaults, thereby allowing for a more natural flow of water that eliminated the need to use additional material and that minimizes the amount of maintenance and repairs.
Collaborate with our long-term tenant to monitor critical infrastructure, HVAC, and power systems in real time to reduce waste.
• Require all tenants to utilize studio-driven green initiatives across all their productions.
Utilize solar-powered trailers and fuel-efficient vehicles where possible to reduce carbon footprint.
Corporate Governance and Business Ethics BOARD INDEPENDENCE & DIVERSITY Consistent with our belief that our leadership structure should reflect the best interests of the company and our shareholders, we believe our Board of Directors possesses skills and experience relevant to exercising sound business judgment.
Gray recognizes the value of diversity throughout our organization, and we endeavor to have a diverse Board with varied experience in business, government, education, and technology, and in areas that are relevant to the company’s nationwide activities.
The training is designed to educate and prepare employees to recognize unsafe practices and to properly respond to phishing attacks from email, social media, or other sources.
Each Disaster Recovery Plan is tailored to the specific market and its unique environmental concerns.
These on-the-go stations are housed in trailers that can be pulled by a truck to a city experiencing a weather or environmental disaster.
As many of our stations are located in areas prone to the increasing effects of climate change, such as in coastal areas, we are taking steps to rebuild stations’ physical facilities to withstand natural disasters of higher intensity.
Vendor Management Given the nature of our business, we engage with four primary network vendors — CBS, NBC, ABC, and Fox (“Big Four networks”) — that collectively represent more than vendor expenses.
Represented by SDGs address challenges of poverty, inequality, climate change, environmental degradation, peace, and justice.
The human element was always a top priority at GasLog, right alongside the environment.
Our Environment, Social and Governance (ESG) agenda proved to be right.
Care for our employees, for the environment, for the communities around us is the foundation on which we build customer focus with no compromise on safety.
This also informs our three ESG priorities: (and wellbeing; and (3) Diversity, Equity, & Inclusion (DE&I).
ESG is embedded in our commitment to deliver cleaner energy to the world, consistently, reliably, and sustainably.
The outbreak of war in Ukraine brought significant humanitarian and geopolitical impacts; it further stressed the global supply chain weaknesses and pushed energy supply security higher up the priority list.
It highlighted once more LNG as the reliable long-term energy source that provides a stepping-stone for a future of renewable energy.
As a provider of liquified natural gas (LNG) logistics services, we have a key role to play in mitigating climate change.
Until now regulators compelled shipping to reduce greenhouse gas (GHG) emissions by switching fuels.
and GHG emissions are key priorities for many economies and natural gas plays a significant role in developing lower-carbon energy systems that will enable net-zero emissions goals.
We deliver liquefied natural gas to meet the world’s growing energy needs as it transitions to a cleaner energy future.
We are also offering floating storage and regasification solutions through existing twin purpose assets and have the capability to convert existing assets to offer floating services in record lead time. we transport: LNG LNG remains the cleanest commercially available stable energy source for power generation, industri...
LNG has a key role to play in the world’s emerging energy security problem and in supporting the transition to carbon-free fuels and the use of renewable energy as a backup due to their intermittent supply nature; Brazil, for example, tripled its demand to support hydropower generation in while China became the world’s...
It is also presently the largest alternative fuel for oceangoing vessels and has already been used as fuel for LNG ships for many years.
The combustion of natural gas does not emit soot, dust, fumes, or sulphur oxides (SOX).
It generates up to percent less CO2 1 than fuel oil and 45 percent less CO2 than coal at the point of consumption.
It ensures our people stay safe and the environment remains intact.
Given that LNG is the cleanest commercially available marine fuel, our vessels are primarily powered by the boiloff of the cargo they carry (in 2021), making us amongst the lowest carbon intensity commodity transporters.
Vessel name Propulsion* Cargo capacity (cubic meters) Year built† Ownership Methane Lydon Volney Steam 145,000 2006 100% GasLog Ltd. 14.76 13.60 13.53 Methane Nile Eagle Steam 145,000 2007 25% GasLog Ltd. 12.23 11.34 11.79 GasLog Chelsea TFDE 153,600 2010 100% GasLog Ltd. 11.21 9.94 9.15 GasLog Savannah TFDE 155,000 20...
Attention also turned to managing sustainability within value chains and human capital, for human rights and better conditions, wages and improved diversity.
Despite growing climate control ambitions, global carbon dioxide emissions rose by to 36.3 billion tonnes, their highest ever level.
The World Economic Forum’s (WEF) Global Risks Reportglobal risks as environmental, with societal risks also being of high concern.
Fears exist that climate initiatives might be delayed or watered down due to energy security concerns exacerbated by the Ukraine crisis.
The shipping industry currently contributes approximately global GHG emissions.
The International Maritime Organization (IMO) has set its initial GHG strategy and significant At GasLog, we are committed to support climate action as evidenced by our recent investments in the latest series of newbuild vessels that have up to a intensity when compared to first generation LNG carriers.
In June, the IMO Marine Environment Protection Committee (MEPC Existing Ship Index (EEXI) and the requirement to reduce Operational Carbon Intensity through the Carbon Intensity Indicator (CII).
In July, the European Commission published the ‘Fit for measures to reduce net emissions by 55 percent by 2030, covering maritime activities.
In November at COPof shipping emissions was a major topic with more than 20 nations signing the Clydebank Declaration to establish six green shipping corridors by 2025.
MEPC emissions reduction measures and agreed to revise the IMO GHG Initial Strategy, shifting focus to concrete proposals, for the finalization of an updated Strategy in 2023.
To meet these targets the maritime industry will require a zero-emission fuel as there are limits to efficiency gains from technical and operational measures.
We believe that LNG is a fundamental enabler of the energy transition as it substitutes dirtier fuels.
We also recognize that the maritime industry will require strong support, collaboration and action from technology suppliers, fuel producers, terminal operators, governments and financiers.
, the charterer dictates the trading pattern of the vessel including voyage planning and nomination of the fuels which are utilized onboard.
Decarbonization, air quality and ecological impacts are the most significant issues for our industry while governance and health and safety are minimum requirements to do business.
Reporting’, whereby “a company is required to disclose information on environmental, social and employee matters, respect for human rights, and bribery and corruption, to the extent that such information is necessary for an understanding of the company’s development, performance, position and impact of its activities” ...
We have selected SDG Health and Wellbeing), 5 (Gender Equality), 8 (Decent Work and Economic Growth), 9 (Industry, Innovation and Infrastructure), 10 (Reduced Inequalities), 12 (Responsible Consumption and Production), 13 (Climate Action), 14 (Life below Water) and 15 (Life on Land) as being the most relevant to the ma...
Partnerships: Seek industry partners and high-impact forums to drive change across all three pillars: environmental, social and governance.
Climate challenge/GHG and air emissions Air emissions have taken center stage in the climate agenda, and we are committed to doing our part.
More specifically, the expansion of our fleet through the addition of three newbuildings last year and the fact that 365 operational days in 2021, accounts for 90 percent of the recorded emissions increase.
In addition, during instructions we consumed 10 percent more fuel oil instead of natural gas which resulted in almost 4 percent increase on CO2 emissions.
Finally, the changes in vessels’ operating profile and mainly the increased sailing time (+and average speed (+0.5 knots), proved to have a considerable impact of more than 5 percent increase on the overall CO2 emissions.
In this respect, and despite the negative contribution of the reduced LNG utilization as fuel and the increased sailing speeds, our improved by approximately 3.5 percent compared to last year.
It is therefore evident that the design and construction of energy efficient ships needs to be combined with the efficient operation of the ships (utilization, speed, fuel ratio) to maximize the reduction on carbon intensity.
Owners and charterers need to closely collaborate having a holistic view of the vessel’s energy performance and the voyage requirements.
Innovation is one of our company’s values and, together with our continuous improvement culture, allows us to realize significant reductions in fuel consumption per unit of freight.
with our charterers Vessel speed reduction can radically lower emissions.
A reduction can reduce emissions by up to 6 percent.
In addition, optimizing voyage planning, weather routing, engine load distribution and vessel trim configuration can yield further emissions savings of up to 5 percent.
We have also collaborated with Shell and Kongsberg Maritime to test operational practices on one of our vessels, using hydrodynamic optimization software (JAWS) augmented by digital tools to reduce our emissions.
We recorded the vessels shaft energy consumption for nine months without JAWS and for one year with JAWS and using the software generated average energy savings of 5 percent.
Technical measures We have a history of installing energy saving devices (e.g. rudder bulbs, saver fins and hull-air lubrication systems) and applying the latest anti-fouling coatings to minimize water resistance.
In emissions monitoring systems onboard our vessels, worked with the shipyards on hull optimization for operational profile and developed an in-house data analytics platform for optimizing the performance and fuel consumption of our vessels considering paint technology.
We also completed our vessel energy efficiency study and finalized our energy conservation roadmap.
In shipyards to design the ship of the future, considering various future fuel scenarios, and to evaluate retrofit options for existing vessels.
In evaluate fuel cells and carbon capture technologies onboard LNG vessels. IV.
Industry collaboration/pilot projects Partnerships between shipowners, technology companies, fuel innovators/ traders, organizations and regulators can scale demand, accelerate funding for pilot projects and ensure regulatory alignment.
Accordingly, we actively engage in the following: a) Industry projects: We are currently evaluating participation in emission monitoring programs with our customers.
c) Pilot projects: In a pilot study to assess the benefit of biofuels for our emissions profile.
We concluded that current generation biofuels cannot offer emission reductions on a tank-to-wake basis, compared to the natural gas our vessels currently burn.
We have joined a pilot project to design and install a containerized fuel cell unit onboard a TFDE vessel as a potential decarbonization solution.
We are also part of two pilot projects looking at carbon capture technologies onboard existing or newbuilding LNG vessels.
From the application of environmentally friendly paints on our vessels, to the handling of waste onboard and the installation of ballast water treatment systems, we comply with all applicable MARPOL (International Convention for the Prevention of Pollution from Ships) and port-state authority recommendations.