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Incorporated Maritime Policy Concept: Adopting ESRS Principles to Support Maritime Sector’s Sustainable Growth

Author

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  • Kaidi Nõmmela

    (Department of Mechanical and Industrial Engineering, Tallinn University of Technology (TalTech), Ehitajate tee 5, 19086 Tallinn, Estonia)

  • Kati Kõrbe Kaare

    (Department of Mechanical and Industrial Engineering, Tallinn University of Technology (TalTech), Ehitajate tee 5, 19086 Tallinn, Estonia)

Abstract

The international maritime sector plays an important part in contributing to the global sustainable economy and plays a significant role in achieving sustainable development goals. A variety of regulations and standards power the sustainability management of the global maritime sector, including the United Nations’ Sustainable Development Goals and the European Union’s new draft European Sustainability Reporting Standard. Limited research on the potential contribution of maritime policy-making to support sustainable development has led the sector to face multiple challenges. In this study, we analyzed how local policy-making can impact international goals and global sustainable development based on comprehensive datasets of 143 maritime companies. The study recommends the incorporation of sustainability dimensions of the maritime sector into all levels of policy-making and supporting the policy implementation with the local maritime governance structure. A maritime country should have strategic planning objectives that embrace maritime affairs and use the interactions identified between local development and the maritime sector. We propose a framework for maritime policy-making that supports sustainable development. A maturity model for sustainable development in the maritime sector was developed. The results can be used as guidelines for policymakers in planning sustainable development in a maritime country.

Suggested Citation

  • Kaidi Nõmmela & Kati Kõrbe Kaare, 2022. "Incorporated Maritime Policy Concept: Adopting ESRS Principles to Support Maritime Sector’s Sustainable Growth," Sustainability, MDPI, vol. 14(20), pages 1-16, October.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:20:p:13593-:d:948478
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    References listed on IDEAS

    as
    1. Kaidi Nõmmela & Kati Kõrbe Kaare, 2022. "Maritime Policy Design Framework with ESG Performance Approach: Case of Estonia," Economies, MDPI, vol. 10(4), pages 1-15, April.
    2. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    3. Davidson de Almeida Santos & Osvaldo Luiz Gonçalves Quelhas & Carlos Francisco Simões Gomes & Luis Perez Zotes & Sérgio Luiz Braga França & Guilherme Vinagre Pinto de Souza & Robson Amarante de Araújo, 2020. "Proposal for a Maturity Model in Sustainability in the Supply Chain," Sustainability, MDPI, vol. 12(22), pages 1-37, November.
    4. Alexandra Fratila (Adam) & Ioana Andrada Gavril (Moldovan) & Sorin Cristian Nita & Andrei Hrebenciuc, 2021. "The Importance of Maritime Transport for Economic Growth in the European Union: A Panel Data Analysis," Sustainability, MDPI, vol. 13(14), pages 1-23, July.
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