McAllister Towing Releases Its First Sustainability Report with ABS Support
(NEW YORK) Working together with ABS, McAllister Towing, one of the oldest and largest marine towing and transportation companies in the U.S., has released its inaugural sustainability report, showcasing efforts to reduce its environmental impact and highlight its social and governance performance.
ABS specialists worked with McAllister’s team to provide greenhouse gas inventory and sustainability reporting services, calculating the operational carbon intensity and benchmarking the performance of the McAllister fleet of more than 60 vessels, including tugboats, passenger ferries, offshore supply vessels, crew boats and barges in over 13 locations along the U.S. East Coast.
“Investors are increasingly incorporating Environmental, Societal and Governance (ESG) risks and opportunities into their investment decisions. ABS is uniquely equipped to help clients improve their ESG reporting with our worldwide network of sustainability specialists who are actively engaged with the latest compliance initiatives and indexing measures. We are proud to support McAllister and celebrate on this occasion of its inaugural ESG report,” said Panos Koutsourakis, ABS Vice President, Global Sustainability.
The report covers topics such as McAllister’s fleet profile, emissions reduction strategies, safety culture, community engagement and future goals.
“McAllister is pleased to provide our inaugural sustainability report,” said McAllister’s President Brian Buckley McAlllister. “McAllister has continuously reduced its emissions intensity over 40 percent in the past 15 years, with innovations in emissions technology, operational controls, along with practical and prudent engineering solutions. McAllister has also taken great strides in restoring coastal properties that were not useable, through remediation of soils with harmful pollutants, reduction of wastes, and recycling of our assets for the success of artificial reefs in U.S. coastal waters.”
More information on ABS greenhouse gas inventory and carbon accounting services is available here. More information on ABS sustainability reporting and assurance services is available here.
The inaugural ESG report from McAllister is available by contacting Corporate@mcallistertowing.com.
Photo Caption (L to R): Keegan Plaskon, ABS Director, Business Development; Buckley McAllister, Chairman and CEO of McAllister Towing; and Stergios Stamopoulos, ABS Manager, Sustainability; at the 2023 International WorkBoat Show in New Orleans.
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