Environmental, Social & Governance Report

SASB STANDARDS INDEX

This year, for the first time, we incorporated metrics from the SASB Standard for the Marine Transportation Sector. Specifically, the following SASB metrics are covered in the present ESG Report.

Category
Disclosure Topic
SASB Indicator
Reference
GHG Emissions
Total energy consumed, percentage from heavy fuel oil, percentage from renewables
SASB TR-MT-110a.3
HFO-LSFO: 899.411 MT
MGO: 55.582MT
D/G: 102.138 MT
Percentage Heavy Fuel Oil: 85,1%
Waste and Spill Management
Percentage of fleet implementing ballast water (1) exchange and (2) treatment
SASB TR-MT-160a.2
Environmental Section
(1) Number and (2) aggregate volume of spills and releases to the environment
SASB TR-MT-160a.3
Environmental Section
Employee Health and Safety
Lost time injury rate (LTIR)
SASB TR-MT-320a.1
Social Section
Business Ethics
Total amount of monetary losses as a result of legal proceedings associated with bribery or corruption
SASB TR-MT-510a.2
Governance Section

GRI STANDARDS INDEX

GRI INDICATOR
DISCLOSURE/INDICATOR TITLE
SUSTAINABLE DEVELOPMENT GOALS
PAGE REFERENCE
GENERAL DISCLOSURES
Company Profile
GRI 102-1
Name of the organization
Danaos Shipping Co. LTD
GRI 102-2
Activities, brands, products, and services
Global Operations 2020
GRI 102-3
Location of headquarters
3, Christaki Kombou Str., 3011, Limassol, Cyprus

14, Akti Kondyli Str., 18545, Piraeus, Greece
GRI 102-4
Location of operations
Global Operations 2020
GRI 102-5
Ownership and legal form
Danaos Shipping Co. LTD is the exclusive Manager of DANAOS Corporation (DAC)
GRI 102-6
Markets served
Global Operations 2020
Corporate Website
GRI 102-7
Scale of the organization
Global Operations 2020
GRI 102-8
Information on employees and other workers
Social Section
GRI 102-9
Supply chain
Social Section
GRI 102-10
Significant changes to the organization and its supply chain
No significant changes during the reporting period
GRI 102-11
Precautionary Principle or approach
Sustainability Practices
GRI 102-12
External initiatives
Social Section
GRI 102-13
Membership of associations
Social Section
Strategy
GRI 102-14
Statement from senior decision-maker
Global Operations 2020
Ethics and Integrity
GRI 102-16
Values, principles, standards and norms of behavior
Our Philosophy
Governance Section
Governance
GRI 102-18
Governance structure
sdg16
Our Company’s Departments and Structure
GRI 102-25
Conflict of interest
Governance Section
GRI 102-30
Effectiveness of risks management process
Governance Section
GRI 102-31
Review of economic, environmental, and social topics
Governance Section
Stakeholder Engagement
GRI 102-40
List of stakeholder groups
Materiality Analysis Section
GRI 102-41
Collective bargaining agreements
Danaos Shipping follows all national laws and regulations regarding collective bargaining agreements, and during 2020 there were no incidents of non-compliance recorded
GRI 102-42
Identifying and selecting stakeholders
Materiality Analysis Section
GRI 102-43
Approach to stakeholder engagement
Materiality Analysis Section
GRI 102-44
Key topics and concerns raised
Materiality Analysis Section
Report Profile
GRI 102-45
Entities included in the consolidated financial statements
Danaos Corporation Financial Summary
GRI 102-46
Defining report content and topic Boundaries
Materiality Analysis Section
GRI 102-47
List of material topics
Materiality Analysis Section
GRI 102-48
Restatements of information
There are no restatements of information provided in previous reports
GRI 102-49
Changes in reporting
There are no significant changes in reporting
GRI 102-50
Reporting period
1/1/2020 – 31/12/2020
GRI 102-51
Date of most recent report
2019
GRI 102-52
Reporting cycle
Annual
GRI 102-53
Contact point for questions regarding the report
sustainability@danaos.com
GRI 102-54
Claims of reporting in accordance with the GRI Standards
This report has been prepared in accordance with the GRI Standards: Core Option
GRI 102-55
GRI content index
Index
GRI 102-56
External assurance
We have not sought external assurance for our ESG report
SPECIFIC DISCLOSURES
Anti-corruption
GRI 103
Management Approach
sdg16
Governance Section
GRI 205-3
Confirmed incidents of corruption and actions taken
Governance Section
Energy Consumption
GRI 103
Management Approach
sdg09






Environmental Section
GRI 302-1
Energy consumption within the organization
sdg13










HFO-LSFO: 899.411 MT
MGO: 55.582MT
D/G: 102.138 MT
Percentage Heavy Fuel Oil: 85,1%
Office Energy Consumption: 1.209.174 KW
GRI 302-5
Reductions of energy requirements of products and services
Environmental Section
Biodiversity
GRI 103
Management Approach
sdg14
Environmental Section
GRI 304-2
Significant impacts of activities, products, and services on biodiversity
Environmental Section
Emissions
GRI 103
Management Approach
sdg13
Environmental Section
GRI 305-1
Direct (Scope 1) GHG emissions
Environmental Section
GRI 305-4
GHG emissions intensity
CO2eff.: 15.09 gr/tn*miles
NOeff.: 0.46 gr/tn*miles
SOeff.: 0.04 gr/tn*miles
GRI 305-5
Reduction of GHG emissions
Environmental Section
GRI 305-6
Emissions of ozone depleting substances
Environmental Section
GRI 305-7
Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions
Environmental Section
Waste and Spill Management
GRI 103
Management Approach
sdg09
Environmental Section
GRI 306-1
Waste generation and significant waste-related impacts
Environmental Section
GRI 306-2
Management of significant waste-related impacts
sdg14
Environmental Section
GRI 306-3
Waste generated
Environmental Section
Environmental Compliance
GRI 103
Management Approach
sdg16
Environmental Section
GRI 307-1
Non-compliance with environmental laws and regulations
Environmental Section
Occupational Health and Safety
GRI 103
Management Approach
sdg03
Social Section
GRI 403-1
Occupational health and safety management system
Social Section
GRI 403-2
Hazard identification, risk assessment, and incident investigation
Social Section
GRI 403-3
Occupational health services
Social Section
GRI 403-4
Worker participation, consultation, and communication on occupational health and safety
sdg08
Social Section
GRI 403-5
Worker training on occupational health and safety
Social Section
GRI 403-6
Promotion of worker health
Social Section
GRI 403-9
Work-related injuries
Social Section
Training and Education
GRI 103
Management Approach
sdg04
Social Section
GRI 404-1
Average hours for training per year per employee
Social Section
GRI 404-2
Programs for upgrading employee skills and transition assistance programs
sdg08
Social Section
Risk Assessment
GRI 103
Management Approach
sdg03
Governance Section
sdg16
Emergency Preparedness
GRI 103
Management Approach
sdg03
Social Section
sdg16
Response to Social Crisis
GRI 103
Management Approach
sdg17
Social Section
Audits, Inspections and Surveys
GRI 103
Management Approach
sdg03
Governance Section
sdg16
Innovation and Digitization
GRI 103
Management Approach
sdg09
Environmental Section
Technology