All claims expressed in this article are solely those of the authors and do not necessarily represent those of their affiliated organizations, or those of the publisher, the editors and the reviewers. Just as stakeholder management is key to large firms, drivers like networking and trust seems key to small and medium firms. The SDGs define the world's global aspirations and priorities for 2030. Exploration and exploitation in organizational learning. This may help companies who seek legitimacy from society (Spence and Gray, 2007). Thus, the processes of building relationships with stakeholders clearly indicates a strong relationship between SDG reporting and integrated thinking. When looking at the overall annual change, six EU Member States, as well as the EFTA country Norway, recorded a decrease. By contrast, transport with America and Africa increased by 7 million tonnes (or +6.0 %) and 4 million tonnes (or +3.8 %), respectively. These 38 companies clearly referred to stakeholder management processes in their reports. Business contribution to the Sustainable Development Agenda: Organizational factors related to early adoption of SDG reporting. Strategy 8, 6–15. At the same time, financial as well as human resource slack can be an important asset in disclosing information. To analyze this further, we've executed a factor analysis. Send readers directly to specific items or pages with shopping and web links. infrastructure. The implications of slack heterogeneity for the slack-resources and corporate social performance relationship. 53 (7%) companies do not have a sustainability report, nor a website or their website is under construction. With this report, the port community reports on its joint efforts and results in the field of sustainable . But this progress is not just economic: in social . doi: 10.1016/j.jcae.2017.09.006, Bradley, S. W., Wiklund, J., and Dean, S. (2011). In the case of international companies, the international website was investigated. doi: 10.1002/smj.557, Barney, J. (2010). Challenging the importance of size as determinant for CSR activities. Manag. When looking at the number of twenty-foot equivalent units (TEUs) handled in the same period, the ranking was almost identical to the one based on tonnes of containerised goods (Figure 14). (2009). GRI–Global Reporting Initiative (2011). Firm resources and sustained competitive advantage. (2017). Corporate social responsibility and firm size. Because very limited empirical research exists about reporting on the SDGs (Bebbington and Unerman, 2020), we focus in this paper on the extent of attention by the business sector to sustainability reporting and the SDGs, as well as the interlinkages of reporting on the SDGs and integrated thinking. Corp. Soc. doi: 10.1016/j.jclepro.2013.07.005, Hambrick, D. C., and Mason, P. A. Liquid bulk accounted for over 71.2 million tons of the total cargo which passed . The iron cage revisited: institutional isomorphism and collective rationality in organizational fields. 2004, 25, 1179–1197. Annual data as presented in this publication are the rolling four quarter totals ending in the latest quarter and the corresponding four quarters for earlier years. Deliver a distraction-free reading experience with a simple link. And one way to accelerate this process, is to think and act in an integrated way, argues The International Integrated Reporting Council (IIRC). The UN Global Compact claims that disclosing information on the SDGs will help businesses better engage stakeholders, enhance sustainable decision-making processes and strengthen their accountability (Global Compact, 2016). The data were analyzed using a combination of descriptive and inferential analyses. For the next step, every sentence of the sustainability report was coded to one of the 17 SDGs goals. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. By contrast, substantial decreases were observed for transport between the EU and Russia (-12.0 %) and between the EU and Canada (-7.5 %). Thanks to the buoyant container throughput rates, which set a new record, the port was able to limit the overall decline in throughput. While some organizations are taking sustainability action, the exact nature and quality as well as the impact of their actions are unclear. The telephone number +32 492 15 41 39 is only for press inquiries. In contrast Europe except EU and Asia and Oceania registered a fall by 4.7 % and 1.1 %, respectively. 12:3470. doi: 10.3390/su12083470. doi: 10.1016/S0140-6736(12)60685-0, Shad, M. K., Lai, F.-W., Fatt, C. L., Klemeš, J. J, and Bokhari, A. IA organized the database. Russia was in third position, followed by Türkiye, China, Norway, Brazil, Egypt, Canada and South Africa (Figure 8). In the same period, Hamburg decreased by 7.2 %, Rotterdam by 1.0 % and Antwerp-Bruges by 0.9 %. Manag. 59, 5–21. 2, 71–87. As the ports of Antwerp and Zeebrugge are complementary, the Port of Antwerp-Bruges combines the best of both ports and focuses on the strong points of each port. Finally, in order to minimize the possible common method bias for further research, it is worth collecting data from multiple sources. Non-financial disclosure and market-based firm performance: the initiation of financial inclusion. Sustainability Trend Report 2021 – Port of Antwerp. unloaded in Antwerp has doubled over the past 20 years to more than 208 million tons. When looking at the overall annual change, international intra-EU transport increased by 2.1 %, while international extra-EU transport remained relatively stable (-0.2 %) and national transport decreased by 3.7 %. Antwerp-Bruges substantially increased by 22.5 %, Zeeland Seaports by 21.7 %, Amsterdam by 16.0 % and Valencia by 2.7 %. How pressure from stakeholders affects integrated reporting quality. (2010). Int. (2015). 53 (7%) companies do not have a website or their website is under construction. Many scholars demonstrate that companies are seeking legitimacy from society by linking to the SDGs and starting integrated social and environmental reporting (Spence and Gray, 2007). By contrast, automatic software programs tends to focus on just counting words or phrases. London: Certified Accountants Educational Trust. Bus. There is even one of the SDG targets (SDG 12.6) that cites the benefits of sustainability reporting and encourages companies to integrate sustainability information in their reporting cycles (GRI, UN Global Compact and WBCSD, 2015). From the studies in our literature review, we understood that pressures from customers, environmental protection organizations, employees, shareholders, and governments determine the reporting quality (Barnea and Rubin, 2010; Vitolla et al., 2019). 26, 5–16. By contrast, Calais substantially decreased by 11.1 %, Lubeck by 9.0 % and Trelleborg by 0.9 %. J. Total cargo throughput in 2021 was 240 million tons; a growth of 3.8% compared to 2020 and slight growth compared to 2019. Responsib. Because studies on the topic of SDG reporting and integrated thinking are still in its infancy, we did research on how companies in the Port of Antwerp region communicate and report on sustainability, by using descriptive statistics (Trochim, 2006). Learn more about how Statista can support your business. 12% have little reporting, 9% have average reporting, 4% high reporting, and 6% very high reporting. Research by Hillestad et al. doi: 10.1007/s10551-008-9897-7, Petrescu, A., Bîlcan, F., Petrescu, M., Oncioiu, I., Cǎtǎlina, M., and Cǎpuşneanu, S. (2020), Assessing the benefits of the sustainability reporting practices in the top Romanian companies. Hence, future research might use an even larger sample of firm observations and look at different organizations across various industries to validate the findings of this study. These frameworks have created more easily interpreted information for investors to assess the sustainability impact of firms' capital allocation choices. doi: 10.1002/bse.560, Walker, T. R., Adebambo, O., Del, M.C., Feijoo, A., Elhaimer, E., Hossain, T., et al. Adams, C. A. doi: 10.1002/csr.196. The Sustainable Development Goals, Integrated Thinking and the Integrated Report. In 2015, Agenda 2030 and the SDGs was unanimously adopted by the 193 Member States of the United Nations at the start of a three-day Summit on Sustainable Development. A great challenge in the implementation of the Agenda 2030 is therefore changing business attitudes toward more sustainable business models and the adoption of new sustainability reporting practices such as reporting on the SDGs (Sachs, 2012). AMS conducted a review and analysis of public disclosures on sustainability by 796 companies in the POA, based on the Port Directory Database. (2019). Act. Despite this, the port of Antwerp recorded growth in total throughput of 6.0% with the UK and 14.6% with Ireland compared to 2020, mainly due to the extensive shortsea connections. Figure 2. Account. Environmental management in devon and cornwall's small and medium sized enterprise sector. The highest drop was recorded by Hamburg (-8.3 %), followed by Valencia (-5.8 %), Rotterdam (-3.12nbsp;%), Antwerp-Bruges (-3.1 %) and Algeciras (-1.8 %). is not just economic: in social terms the port is also making clear steps in favor In general, such estimates reduce the accuracy of the statistics at detailed levels. The port employs 1,800 people. When looking at dry bulk, Rotterdam was again the main EU port in the third quarter of 2022, followed by Amsterdam, Constanta, Hamburg and Ravenna (Figure 12). Rotterdam was the main EU port for all types of cargo, except Ro-Ro mobile units (Figure 15). To explore further the high coherence within the SDG-reporting companies, we conducted correlation matrices to analyze the correlation coefficients between the SDGs. A review of online information on sustainability by port community companies in Antwerp, Belgium was applied. After finding the right report to collect our data from, we started by scanning the whole text. J. Ethics 91, 207–221 doi: 10.1007/s10551-009-0079-z, Sachs, J. D. (2012). The relevance of the natural environment for corporate social responsibility research, in The Oxford Handbook of Business and the Natural Environment, eds P. Bansal, and A. J. Hoffman (Oxford: Oxford University Press), 519–536. Since “Our Common Future”, also known as the Brundtland Report, was published on October 1987 by the United Nations (UN), the reporting practice evolved considering environmental, social, and governance (ESG) information. The inward movements of goods made up 62.3 % of the total volume of goods handled in the main EU ports in the third quarter of 2022. The objective of the database is to disclose a detailed and up-to-date list of contacts of companies active in Belgian and Zeeland ports. 3, 15–22. Perspect. These reports were downloaded and analyzed, including all reports available in English or Dutch and irrespective of length (from few phrases up to 600 pages per reports). Lastly, there is a correlation between “freight forwarders” and the “warehouse” category with the topic of transparency, protection of human rights and business ethics. statistic alerts) please log in with your personal account. (2019) state that the more flexible the capital, the more affordable any additional voluntary disclosure becomes (Fazzari et al., 1988; Kim et al., 2019). Together they provide a top-quality learning experience for all our participants. All these studies attach great importance to the concept of legitimacy when it comes to sustainability reporting. The research made use of a database from Port Plus investigating 769 companies. Any product that may be evaluated in this article, or claim that may be made by its manufacturer, is not guaranteed or endorsed by the publisher. Port managers and operators are under pressure to improve not just the port's economic performance, but also implement measures to mitigate port social and environmental impacts as they are increasingly being monitored by the media and public debates (Carpenter et al., 2018). It is our ambition to make the sustainable transition a reality, and Port of Antwerp has a pioneering role to play here.”. Thus, our ambition is clear: "Opening minds to impact the world". Customized programs, August 01, 2017 Clean. As part of the Chair on Sustainable Transformation, supported by the Port of Antwerp (POA), BASF and Randstad, AMS has committed to delivering a tailored research program for the POA. This might explain why established and well-known companies align their sustainability work more often with the SDGs and make their commitment visible in attractive reports and on their websites. the technology and expertise that we have in the port to smooth the path Here, we detected that the “terminal” and “warehouse” category are more likely to report on water efficiency. How important are CEOs to CSR practices? The chosen SDGs align with the core business of the companies, suggesting that the other SDGs are more difficult to translate in specific objectives. 12% have little reporting, 9% have average reporting, 4% high reporting and 6% very high reporting. Subscribe to our IAPH NewsletterSUBSCRIBE, © 2021 International Assosiation of Ports and Harbors, Introduction to Maritime Law for Port Officials, Hyundai ships hydrogen trucks via Antwerp, DJ duo D’Angello & Francis put on quite a social distancing party, Coronavirus – Taskforce of the Port of Antwerp reconvened: the port remains open and operational, Port of Antwerp tests smart bracelet to prevent corona infection on the workfloor, Coronavirus – Port of Antwerp remains 100% operational, Coronavirus – Port of Antwerp Taskforce confirms: port is 100% operational, Coronavirus – Port of Antwerp remains operational – update 13 March, Port of Antwerp boosts its position in reefer market, Port of Antwerp aims to further reduce CO2 emissions. Port of Antwerp-Bruges is home to 1,400 companies and accommodates the largest integrated chemical cluster in Europe. doi: 10.5465/amj.2005.17843944, Godos-Diez, R., Fernandez-Gago, A., and Martinez-Campillo, A. Manag. At the same time, to ensure companies adhere to responsible environmental conduct principles and in response to increasing demand by key stakeholders of companies for non-financial information, a number of sustainability accounting frameworks have evolved. Bus. The effect of stakeholder pressure and corporate governance on the quality of sustainability report. In the third quarter of 2022, nine of the maritime EU Member States recorded a decrease in the tonnes of goods handled in their main ports compared with the same quarter of 2021 (Table 1). Am. 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019. doi: 10.1287/orsc.2.1.71, Mellahi, K., and Wilkinson, A. Raising the Bar: Rethinking the Role of Business in the Sustainable Development Goals. Acad. Antwerp, Belgium (PortSEurope) January 17, 2022 - The Port of Antwerp registered total cargo throughput in 2021 of 240 million tons, growth of 3.8% compared to 2020 and slight growth compared to 2019. Hillestad, T., Xie, C., and Haugland, S. (2010). Acad. Although content analysis software is available, we opted to code manually, as it was more suited to complicated and nuanced textual data (Rahman, 2017). This page was last edited on 5 June 2023, at 15:47. Inward movements of coal from ports on the East coast of the USA were also substantial, with 12 % of the total transport between the EU and the USA. LinkedIn. That’s This finding can be confirmed by a study of Hossain and Reaz (2007) which revealed that age is not a significant variable of the level of information disclosure (Hossain and Reaz, 2007). Facts and Figures The port of Rotterdam in numbers Take a look at the numbers The Facts and Figures leaflet shows the key figures for last year's transhipment: cargo throughput, characteristics of the port of Rotterdam and an overview map of segment clusters. Accessed June 06, 2023. https://www.statista.com/statistics/898321/maritime-cargo-traffic-of-port-of-antwerp-belgium-by-type/, Port of Antwerp. Together with the Flemish Public Waste Management Agency (OVAM), the port community has drawn up a circular economy roadmap, which outlines the possibilities for developing the port into a circular hotspot. Finance constraints and corporate investment. We know from the 2018 SDG Barometer for Belgium that companies and organizations (large, medium and small) typically use their websites, annual reports and dedicated sustainability reports to publicly communicate on sustainability. in terms of total freight volume, the port said. Eval. On sustainability University of Science Malaysia (USM), Malaysia. (July 15, 2022). Get discovered by sharing your best content as bite-sized articles. Lubeck remained relatively stable (+0.2 %). The port offers many opportunities to implement a circular economy. We found that companies are using different names for their reports: responsibility report, sustainability report, integrated report, citizenship report, accountability report, etc. All five ports recorded a decrease compared with the same quarter of the previous year. A New Phase: The Growth of A New Phase: The Growth of Sustainability reporting. When it comes to conservation, restoration and sustainable use of ecosystems, the “terminal” category in particular reports. Growth figures thanks to continued resilience Perspect. When companies use the SDGs in their communication, they tend to look at a broader scope of sustainable development, where they also report on the indirect impact of their actions. POA companies with low sustainability reporting (i.e. Sustainability Report2019 TABLE OF CONTENTS OUR ECONOMIC ACTIVITIES OUR SOCIETY OUR PLANET OUR PARTNERS OUR PEOPLE Sustainable growth at the service of society 6 Our performance in sustainability in 2018 in highlights 10 Our strategic priorities 12 Our sustainability targets 13 About this sustainability report 14 116 46 76 16 94 J. Contemp. Transmitted to the General Assembly as an Annex to document A/42/427–Development and International Co-operation: Environment. In the liquid bulk segment too the volume was down, by 4.4%, due mainly International Integrated Reporting Council (IIRC) (2019). The relationship between motivations and actions in corporate social responsibility: An exploratory study. Create on-brand social posts and Articles in minutes. Large firms operating in the port of Antwerp, such as Deme, BASF Antwerp, and Indaver all report on the SDGs. EU aggregates refer to the total of 22 maritime Member States. Sustainability reporting in Norway: an assessment of performance in the context of legal demands and socio-political drivers. J. More info in the press release. The factor analysis is made on two dimensions for graphical reasons. Bull. We are striving for a multi-fuel port The names of the repository/repositories and accession number(s) can be found in the article/Supplementary Material. mobility, by more efficient consolidation of freight traffic, further After this future-oriented picture it describes in greater detail how the Port Authority fulfilled its mission in 2013, based on examples of various events and initiatives. Factor analysis implicit SDG reporting companies. The article reinforces that using the SDGs in communication and reporting can help companies better and more holistically integrate their efforts for sustainability into their strategies and processes. The authors declare that the research was conducted in the absence of any commercial or financial relationships that could be construed as a potential conflict of interest. doi: 10.1016/j.jclepro.2018.05.150, Lozano, R., and Huisingh, D. (2011). Business growth in general is tied to the achievement of the SDGs at a macro level; however, to take action at a local level, companies should identify how they can contribute to meeting the goals in a way that drives financial performance in the markets they operate in. Rather, it really depends on the categories of the organizations and the way they report on specific SDGs. Scholars like Murillo and Lozano (2006) explain that, while the stakeholder theory is a relevant theoretical lens to investigate CSR reporting in large firms, social capital is the most suitable theoretical framework for smaller organizations. Receive updates for the topic of your choice. Please note that the quarterly port activity figures are provisional and subject to revisions. In their study, Rosati and Faria (2019a) tested different organizational factors influencing sustainability reporting, such as financial performance, organization size, and social and environmental commitment. The training can be dedicated solely to OCS, or OCS can be integrated . We have rather assessed the meaning and quality of the published text. market share (up from 27.5% to 28.2%), while the dry bulk segment for its part Integrated Value Creation (IVC): beyond Corporate Social Responsibility (CSR) and Creating Shared Value (CSV). High on the agenda is its responsibility for the environment and the surrounding society. Havenhuis Environ. “In the near future we’ll be experimenting with tugs powered by sustainable methanol hydrogen. 69, 5964–5971. The research made use of a database from Port Plus investigating 769 companies. Finally, we studied some best practices on SDG reporting. addition, Port of Antwerp continues to put great efforts into improving Although fundamentally it will be down to governments to tackle SDG implementation at a national level, the goals simply will not be achieved without meaningful action by business (Sachs, 2012; GRI, UN Global Compact and WBCSD, 2015). Pollut. It is worth noting that other categories barely report anything on this topic. Lorem ipsum dolor sit amet, consectetur adipiscing elit. 48, 661–676. The technical storage or access that is used exclusively for anonymous statistical purposes. Port+, Port Directory Antwerp (2020). 19, 99–107. doi: 10.1111/joms.12026, Visser, W., and Kymal, C. (2015). Given the significant impacts of the port sector on the economy and the growing awareness of sustainability (Walker et al., 2019), it is necessary to communicate the progress and performance of companies working in this industry. You can revoke cookies at anytime at the bottom of the page. 208, 415–425. The SDGs can definitely serve as an ideal sustainability framework to navigate through these global challenges. When companies do use the SDGs in their communication, there seems to be a high correlation between these Global Goals. This paper is aimed at elucidating the interrelations between reporting on the Sustainable Development Goals (SDGs) and integrated thinking. The International IR Framework. Around the hubs, value chains can be established that convert valuable streams into usable raw materials. Beyond dichotomy: the curvilinear relationship between social responsibility and financial performance. Ethics 82, 463–475. 53 (7%) companies do not have a website or their website is under construction. Port organizations operate in a global world, characterized by various interdependencies and trade-offs as well as by many expectations of stakeholders. In 2015, with the adoption of the United Nations (UN) Agenda 2030 for Sustainable Development, the GRI worked toward the creation of a harmonized indicator set and methodology for companies to report on their contributions to the so-called Sustainable Development Goals or SDGs (GRI–Global Reporting Initiative, 2018). There remain many insufficiencies in comparability and consistency (Tschopp and Huefner, 2014). Read our annual report highlights 2022 The article contains data for the third quarter of 2022. This applies particularly to the quarterly estimates of port traffic by type of cargo, which are less robust than the annual totals. Figure 1. Agarwal, N., Gneiting, U., and Mhlanga, G. (2017). 128, 539–547. GRI–Global Reporting Initiative (2018). J. Manag. By contrast, Trelleborg and Dublin recorded decreases by 3.7 % and 0.7 %, respectively. Table 1 shows the ranking of the implicit and explicit SDGs. Ranking implicit and explicit SDG reporting of all reporting companies (little, average, high, and very high reporting). 33, 59–78. This will provide clear avenues for, among others, governments and sector organizations to pursue when they are encouraging the uptake and implementation of sustainability and the SDGs. Spence, L., Schmidpeter, R., and Habisch, A. The fifth port was HAROPA [2] with 21 million tonnes. (1994). Sustain. Account. PwC (2018). Res. Bus. The datasets presented in this study can be found in online repositories. • The reflection of the organization's strategy and business model on past performance with respect to the SDGs. All ports of the top 5 recorded increases compared to the same quarter of the previous year and also in the overall annual change rate compared with the previous period. September 01, 2019, Researcher 'Sustainable Transformation Lab', Agile Enterprise Architecture & Engineering, Corporate Governance, Risk & Compliance (GRC), Cyber Security Architecture & Technologies, Digital Transformation: Strategy & Leadership, Governance & Management of Digital Assets, Sustainable Marketing, Communication & Reporting, Sustainable Supply Chain & Circular Economy, Education and examination regulations 2022-2023. In In February 2021, the City of Antwerp and the City of Bruges announced the launch of the merger process for their respective ports. Author(s) Port of Antwerp - Port Authority. Browse short-form content that's perfect for a quick read. 17, 99–120. Strat. Annual report for the Port of Antwerp with a financial report at the end. The Sustainable Development Goals and the Future of Corporate Reporting. We used the Port Plus database to investigate the presence of sustainability disclosure within firms. doi: 10.1016/S1066-7938(00)00089-0, Kolk, A., and Pinkse, J. According to the author, content analysis is an operation to reduce raw data to usable data by researchers (Krippendorff, 2004). It is worth noting that, from all analyzed companies, the 38 organizations explicitly mentioning the SDGs are larger companies (high number of employees and significant annual revenue) with an extensive sustainability report. By contrast, Hamburg and Constanta recorded for the same reference period decreases by 5.8 % and 5.7 %, respectively. This is in line with findings from previous research by Russo and Perrini (2010). Use Ask Statista Research Service, Number of containers processed by port of Rotterdam (Netherlands) 2013-2021, Net revenue of the Port of Rotterdam 2015-2021, Maritime cargo traffic of Port of Antwerp (Belgium) 2009-2021, Throughput in the Port of Amsterdam in the Netherlands 2015-2021, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. 3). increasing tension in world trade, it achieved strong growth this year once more London: Chartered Institute of Management Accountants. According to Adams, integrated thinking is “facilitating high-level engagement and a holistic approach through its emphasis on connectivity and oversight” (Adams, 2017).
Homöopathisches Repetitorium Dhu 2017, Articles P