Fariyal Khanbabi, CEO of Dialight Group, an LED industrial lighting technology company that services the maritime industry among others, talks to us about maritime sustainability, diversity, and more.
Marine Log (ML): What do you think is driving maritime decision-makers’ growing interest in ESG? Why are they concerned with it now?
Fariyal Khanbabi (FK): While there are many factors that can drive maritime decision-makers towards ESG initiatives, one that stands out is the International Maritime Organization. This is an agency of the UN, which has included in its global shipping regulations an ambitious goal of reducing greenhouse gas emissions annually by at least 50% by 2050. Pair this with banking frameworks, such as The Poseidon Principles, whose own policies and goals are in line with the International Maritime Organization, and you can begin to see a picture developing of why ESG initiatives are so important for the maritime industry.
Dialight PLC is the world leader in LED industrial lighting technology with millions of LED fixtures installed worldwide. Dialight’s LED products are providing the next generation of lighting solutions that deliver reduced energy consumption and create a safer working environment.