Navigator Holdings Ltd..
NVGS.US | Sea and coastal freight water transport
Navigator Holdings Ltd. is a leading international owner and operator of handysize and handymax liquefied gas carriers, providing seaborne transportation and regional infrastructure to the petrochemical, gas and energy industries. The company's fleet transports a variety of cargoes, including ethyle...Show More
Better Health for All
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No KPIs could be scored for 'Better Health for All' based on the provided articles. The company's core business is the transportation of liquefied gases.
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While some transported substances (like ethylene, a precursor to ethylene oxide) have downstream uses with health implications, the articles do not provide explicit evidence of direct health impacts from Navigator Holdings Ltd.'s principal goods or services. Information regarding safety records, mental health initiatives, and preventative health measures pertains to internal employee well-being and workplace safety, which are explicitly excluded from this value category. Similarly, investments in emissions reduction and clean energy are categorized under environmental pollution control, not direct health improvement, according to the rubric's definition of this value.
Fair Money & Economic Opportunity
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Navigator Holdings Ltd. operates as an international owner and operator of liquefied gas carriers, providing seaborne transportation and related infrastructure. The company's business model does not involve offering lending, deposit, or other financial services to consumers. Consequently, all KPIs related to financial products, customer financial data, and financial inclusion initiatives are not applicable to its operations. The provided ESG reports confirm that these metrics are not relevant to the company's activities, stating 'No data' or 'Not applicable' for all financial-service-specific KPIs.
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Fair Pay & Worker Respect
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The provided articles contain general information about Navigator Holdings Ltd.'s (NVGS.US) policies and benefits, such as a commitment to a safety culture program
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, upholding employees' rights to freedom of association and collective bargaining
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, and a zero-tolerance policy for modern slavery
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. The company provides benefits including life insurance, permanent health insurance, and private medical insurance
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, and contributes up to 10% of an employee's annual salary to a money purchase defined contribution plan
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. As of December 31, 2024, NVGS had 174 shore-based employees
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and approximately 1,800 crew onboard its vessels
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. An allegation of corruption against a director of an Indonesian joint venture (PT Navigator Khatulistiwa) was reported in February 2025
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, with the company taking steps to remove the director
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. However, the articles do not provide specific, quantitative data points for any of the 'Fair Pay & Worker Respect' KPIs, such as the share of the workforce earning a living wage, CEO-to-median pay ratio, percentage of employees covered by collective bargaining agreements, recordable occupational injury rate (TRIR), pay equity ratios, employee engagement scores, voluntary turnover rates, substantiated labor law violations against NVGS.US, share of insecure contracts, or the percentage of the workforce covered by employer-funded health insurance. Therefore, no KPIs can be scored based on the provided evidence.
Fair Trade & Ethical Sourcing
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Navigator Holdings Ltd. reported zero known violations of its Code of Conduct and ethics policies in 2023 and 2024.
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The Code of Conduct explicitly includes a zero-tolerance approach to modern slavery, human trafficking, and all forms of forced and child labor.
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Additionally, zero cases were reported under its whistleblowing program in 2023 and 2024.
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The company also utilizes an ESG profiling platform to scan for social compliance, including child labor and fair wages, among its top 200 suppliers.
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As an owner and operator of liquefied gas carriers, the company's primary business is the transportation of commodities, and it does not procure or trade physical commodities that would typically be classified as high-risk inputs.
Honest & Fair Business
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Navigator Holdings Ltd. has a comprehensive, board-approved Anti-bribery and Corruption Policy, approved on July 17, 2024
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, which includes a zero-tolerance approach to bribery and corruption
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and prohibits facilitation payments unless legally permitted
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. The policy requires compliance with relevant laws
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, mandates registration of gifts and hospitality above set limits
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, and includes due diligence processes for foreign representatives and joint venture partners
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. 90% of employees and consultants were trained in compliance and anti-corruption processes
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, and no material anti-corruption incidents were recorded in 2023
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. The company also joined the Maritime Anti-Corruption Network (MACN) on September 1, 2022
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. For whistleblower policy, the company has a formal, board-approved Whistleblower Policy, reviewed periodically by the Audit and Risk Committee
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. It provides a 24/7 confidential and anonymous Ethics Portal, managed by a third-party provider
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, supporting over 300 languages
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, and a UK phone line
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. The policy prohibits retaliation
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, confirms receipt of reports within 14 days
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, and endeavors to complete investigations within 90 days
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. However, the investigation process is managed internally by company officers
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, and training is provided to "eligible recipients" and "all Australian employees," not explicitly all global staff
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.
Kind to Animals
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Navigator Holdings Ltd. is an owner and operator of liquefied gas carriers, providing seaborne transportation services. Its business model does not involve activities such as product manufacturing requiring cruelty-free certification or animal testing, animal husbandry, sourcing animal products, or engaging in animal agriculture. The company's CSR reports and sustainability report explicitly state that no quantitative data specific to animal welfare or Kind to Animals metrics is provided or that they do not contain any data relevant to animal welfare or related topics.
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No War, No Weapons
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Navigator Holdings Ltd. operates in seaborne transportation of liquefied gases, which is not a defense or arms-related activity.
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The company explicitly states it does not generate revenues associated with controversial weapons.
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Its R&D focuses on civilian bioproducts and biomaterials, including eucalyptus essential oils, biocomposites, biofuels, and synthetic fuels, with no indication of military or dual-use applications.
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The company aligns with the UN Global Compact, with human rights being an integral part of its internal codes and policies, reflected throughout its operations and strategy.
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90% of employees and consultants are trained in compliance and anti-corruption processes, and an Ethics Committee prepares an annual report on Code of Ethics and Conduct compliance.
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Planet-Friendly Business
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Navigator Holdings Ltd. sourced 0% of its operational energy consumption from renewables in 2024, following less than 1% in 2023.
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The company's total Scope 1, 2, and 3 greenhouse gas emissions were 1,199,084 tCO2e in 2024, representing a 2.66% decrease from 2023.
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While committed to supporting the IMO’s goal of limiting global temperature rise to 1.5°C, there is no evidence of SBTi-validated targets. The company aims to contribute to the shipping industry’s net-zero target by 2050, with no interim milestones explicitly mentioned.
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In 2024, the company reported zero cases of non-compliance with environmental laws and regulations and received no related fines, also noting zero spills to water or soil in 2023.
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Its 2024 sustainability report includes a TCFD table cross-referencing standard disclosures, and its strategy considers different climate-related scenarios, including a 2°C or lower pathway.
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For biodiversity, all ships are equipped with ballast water treatment systems, and the company raised £734.07 ($950) for The Blue Meadows programme.
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Respect for Cultures & Communities
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In 2024, Navigator Gas made $33,272 in charitable donations
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, which were directed towards health-related causes
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, resulting in 0% of revenue donated to cultural heritage organizations
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. The company has 6 formal partnerships, including with Bumi Armada, Uniper, Attis Clean Energy, Yara Growth Ventures, Enterprise Products Partners L.P., and Greater Bay Gas Co. Ltd.
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. No cultural appropriation incidents were reported
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. Free, Prior and Informed Consent (FPIC) processes are not applicable to the company's operations as no projects involving indigenous communities are mentioned
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. A confidential whistleblower reporting mechanism is available through the Navigator Ethics Portal
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, serving as a standard grievance process
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. No cultural incidents were reported
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, making a specific response framework not applicable.
Safe & Smart Tech
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The company states it complies with data protection law
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and processes personal information in accordance with GDPR.
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It also adheres to the rules and regulations of both the SEC and New York Stock Exchange (NYSE).
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Zero Waste & Sustainable Products
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No specific quantitative data or initiatives related to waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education are provided in the available articles.
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