Do Eco-rating Schemes Improve the Environmental Performance of Ships?

René Taudal  Poulsen; Roberto Rivas Hermann; Carla K. Smink

doi:10.1016/j.marpol.2017.10.006

Do Eco-rating Schemes Improve the Environmental Performance of Ships?

René Taudal Poulsen, Roberto Rivas Hermann, Carla K. Smink

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Abstract

This paper examines if eco-rating schemes improve environmental outcomes in the context of the international shipping industry. Shipping faces global environmental challenges and has recently witnessed the introduction of several eco-rating schemes aiming to improve the environmental performance of ships. Extending the private environmental governance literature into a mature service industry with global operations, the paper shows that concerns about eco-rating schemes’ effectiveness also have relevance here. Shipping eco-rating schemes fall short of best practices for design and governance, and this hampers improvement efforts. The study has policy implications for the achievement of improved environmental outcomes in the shipping industry.

Original language	English
Journal	Marine Policy
Volume	87
Pages (from-to)	94-103
Number of pages	10
ISSN	0308-597X
DOIs	https://doi.org/10.1016/j.marpol.2017.10.006
Publication status	Published - Jan 2018

Bibliographical note

Published online: 16 October 2017

Keywords

Eco-rating schemes
Shipping industry
Private environmental governance
Corporate environmental disclosure

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@article{979384dcb45d4021b90c3b13fb06ba59,

title = "Do Eco-rating Schemes Improve the Environmental Performance of Ships?",

abstract = "This paper examines if eco-rating schemes improve environmental outcomes in the context of the international shipping industry. Shipping faces global environmental challenges and has recently witnessed the introduction of several eco-rating schemes aiming to improve the environmental performance of ships. Extending the private environmental governance literature into a mature service industry with global operations, the paper shows that concerns about eco-rating schemes{\textquoteright} effectiveness also have relevance here. Shipping eco-rating schemes fall short of best practices for design and governance, and this hampers improvement efforts. The study has policy implications for the achievement of improved environmental outcomes in the shipping industry.",

keywords = "Eco-rating schemes, Shipping industry, Private environmental governance, Corporate environmental disclosure, Eco-rating schemes, Shipping industry, Private environmental governance, Corporate environmental disclosure",

author = "Poulsen, {Ren{\'e} Taudal} and Hermann, {Roberto Rivas} and Smink, {Carla K.}",

note = "Published online: 16 October 2017",

year = "2018",

month = jan,

doi = "10.1016/j.marpol.2017.10.006",

language = "English",

volume = "87",

pages = "94--103",

journal = "Marine Policy",