Indian shipbuilding group Chowgule & Co is collaborating with Lloyd’s Register (LR) to produce its inaugural ESG report and strategy, set for publication this month.

The report draws on 2023 operational data from Chowgule’s four shipyards in India, which include three owned and one leased facility, as well as its EPC division.

Developed in line with the Global Reporting Initiative (GRI) Standards, the report offers a transparent framework for evaluating and communicating the company’s sustainability performance. It also incorporates Sustainability Accounting Standards Board (SASB) standards relevant to the marine transportation and industrial machinery sectors.