Employees (Office staff & Seafarers) | Our employees expect from Danaos to be a fair employer, to provide safe working conditions and to care for the work-life balance of employees, to provide opportunities for training and professional development, and to ensure a discrimination-free working environment. Relative material issues: Anti-corruption, Commitments to Decarbonization, Carbon Emissions, Waste Management, Marine Pollution and Conservation, Promote Zero Accidents, Talent Management, Ethical Business Conduct, Governance | We support an ongoing open communication between management and employees. Communication is achieved through monthly internal meetings as well as annual management review reports. We host regular team building activities and employee welfare initiatives, and we hold regular employee satisfaction surveys. |
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| Our customers expect high quality and flexible services, ongoing support, flexibility to any requirements that come up, transparency, and to conduct our business in a sustainable manner (ethical, safe, environmentally friendly, respecting of human rights). Relative material topics: Commitments to Decarbonization, Carbon Emissions, Waste Management, Marine Pollution and Conservation, Ethical Business Conduct, Governance, Customer Satisfaction | Communication with our finance related stakeholders is through contracts, financial reports, progress meetings, corporate presentations, and day-to-day transactions. |
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| Our finance related stakeholders are interested in credit and financial performance, wish to receive accurate information, on risk control and assessment, and to the company’s robust management processes and long-term growth. Relative material topics: Anti-corruption, Transparency and Disclosure of ESG Data, Ethical Business Conduct, Commitment to Achieve IMO Goals, Improving Key ESG Rating Performance, Promoting Diversity in the BoD and Executive Level, Commitments to Decarbonization | Communication with our finance related stakeholders is through contracts, financial reports, progress meetings, corporate presentations, and day-to-day transactions. |
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Government Officials and Authorities (Port State Control) | Government officials and agencies expect us to be compliant and consistent, to conduct safe and environmentally friendly operations, to implement quality standards, to cover due diligence, and to generate economic growth. Relative material topics: Anti-corruption, Transparency and Disclosure of ESG Data, Ethical Business Conduct, Commitment to Achieve IMO Goals, Commitments to Decarbonization, Carbon Emissions, Waste Management, Marine Pollution and Conservation | We engage with government officials and authorities through notices/instructions about on latest regulations and requirements, through the results inspections and auditing programs, and through formal dialogue and communication channels. |
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International and Industry Organizations and
Regulators (e.g. IMO, HELMEPA) | These stakeholders expect our active participation, collaboration and support, to be up-to-date and compliant with new requirements, to operate in an ethical manner, and to promote a sustainability culture. Relative material topics: Anti-corruption, Transparency and Disclosure of ESG Data, Ethical Business Conduct, Commitment to Achieve IMO Goals, Commitments to Decarbonization, Carbon Emissions, Waste Management, Marine Pollution and Conservation, Promote Zero Accidents | We engage though annual and ad-hoc meetings, through memberships, audits, through participation on high-level meetings, steering groups, committee, councils, forums and projects, as well as in the formation of joint action plans. |
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Suppliers (port agents, manufacturers, shipyards) | Our suppliers expect a fair and long-term cooperation, the timely execution of our financial responsibilities, to provide information on significant changes, and to exchange knowledge for business opportunities. Relative material topics: Ethical Business Conduct, Tracking Key Suppliers Sustainability Performance, Commitments to Decarbonization, Commitments to Achieve IMO Goals | We communicate with our suppliers through our supplier performance evaluation, through service review meetings (with major suppliers), through our participation in supplier organized workshops and on- site visits. |
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Society (NGOs, Local Communities) | Our social stakeholders expect social support and economic development, to conduct our business in an ethical manner and protect human rights, to provide employment opportunities, and to participate in initiatives in order to support social and environmental causes. Relative material topics: Commitments to Decarbonization, Commitments to Achieve IMO Goals, Ethical Business Conduct, Promote Zero Accidents, Marine Pollution and Conservation, Talent Management | We communicate through news published on our corporate
We communicate through news published on our corporate website and social media accounts, through our donations and charities, and through our participation in discussions/ dialogue in sustainability forums organized by NGOs |
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