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Press release |
Results for the first quarter 2020
Good operational performance overtaken by significant fall in financial asset values. This resulted in a USD 284 million net loss for the Wilhelmsen group in the first quarter. Commenting on the quarter, Thomas Wilhelmsen, group CEO, starts with highlighting
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2020 Quarterly results
Results for the first quarter 2020 Results for the second quarter 2020 Results for the third quarter 2020 Results for the fourth quarter 2020
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Health and Safety
Maintaining an engaging and safe working environment both at sea and on shore, we believe is a necessity for an efficient, sustainable and profitable business. It is why we conduct our business with respect for human rights and labour standards, including conventions
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Ethics and anti-corruption
Our policies on ethics and anti-corruption are clear. We do not tolerate corruption in any form, and we expect all employees to match the high ethical standards we've outlined in our governing documents and Code of Conduct. Our work with business standards
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Responsible procurement
In constant dialogue with our suppliers, to ensure our sustainability expectations are clear, we work in partnership to ensure that products and services are compliant with our standards. Our approach Our objective is to actively manage and encourage suppliers
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Cyber security
The increase in cyber security threats has made it extremely important to manage this as an integrated part of doing business. We are seeing that big players in the maritime industry require that we have state of the art security mechanisms to meet the new
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Employees
We recognise that retaining and attracting talent is key to ensure future growth and essential for delivering on our long-term strategic ambitions. In our daily operations, we continuously work to provide an engaging and safe work environment where equal opportunities
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Responsible Procurement
Our focus is to improve supplier selection and assessment process; and to improve supplier engagement in responsible practices, through risk-based audits. During the year, we increased the sustainability criteria in supplier assessments, screening and requirements
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Environment
During the year, there were several activities focused on reducing environmental impact of our own and our customers operations; as well as addressing wider societal concerns. Ship Management launched an energy efficiency data application “Spark” for customers
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Working with stakeholders
During 2019, stakeholders’ interests were related to financial, compliance and anti-corruption, cyber security and resilience, innovation, decarbonisation of shipping, renewable energy and sustainability in general. We continued our active stakeholder engagement
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HPCE DYNAMIS 300+/SPRAY HANDLE WITH LANCE
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HPCE DYNAMIS 500+/ELECTRICAL BOX COMPLETE W/INTERNAL PARTS W/10M ELECTRICAL CABLE AND PLUG
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HPCE DYNAMIS 300+/UNLOADER VALVE COMPLETE WITH FITTINGS
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HPCE DYNAMIS 500+/350+/300+/FILTER HOUSING WITH MANOMETRES
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HPCE DYNAMIS 350+/SPRAY LANCE WITH KNOB AND QUICK COUPLING
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HPCE DYNAMIS 350+/FLAT NOZZLE/440V
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HPCE DYNAMIS 350+/UNLOADER VALVE COMPLETE WITH FITTINGS
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HPCE DYNAMIS 350+/SPRAY GUN
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UNITOR HPCE DYNAMIS 350+
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HPCE DYNAMIS 350+/SAFETY VALVE COMPLETE WITH FITTINGS