A Stronger Navigator Gas
Our people are our greatest asset, and we are committed to fostering a supportive and inclusive work environment. Navigator Gas employs more than 2,400 team members across our global operations, and we have made significant strides in bringing our previously outsourced crewing function in-house, enhancing crew retention and development.
Diversity, Equity, and Inclusion (DEI)
Building a diverse and gender-balanced workforce is a cornerstone of our ESG strategy. We are proud of our achievements in promoting DEI, including first-time hires of women in traditionally male-dominated roles and increased female representation in leadership. Proactive recruitment campaigns, leadership workshops, and gender-balanced recruitment panels support our DEI initiatives.
Progressive Financing
In March 2023, Navigator secured a $200 million term loan from Nordea Bank, ABN AMRO Bank, and BNP Paribas. This loan featured sustainability-linked margin adjustments based on environmental criteria and female leadership targets. The goal for women in leadership was 22% for 2023, rising to 35% by 2028. Navigator won the 2023 Green Finance Deal of the Year award and achieved 28% female representation in leadership roles by year-end.
At the time of the announcement, Mads Peter Zacho, Chief Executive Officer, commented, “Navigator is committed to improving gender diversity across the business in a sector that has traditionally been male dominated. This Facility Agreement linked to gender diversity is one of the first of its kind in the sector, and we are enthusiastic about achieving our targets supporting wider change in the industry.”
Employee Engagement
Navigator Gas values the engagement and development of our employees. We provide extensive training and development opportunities. Our efforts to enhance employee retention have resulted in a diverse and skilled workforce that is committed to our safety culture and operational excellence.
Occupational Health and Safety
Safety is paramount at Navigator Gas. Our WeCare safety culture program emphasizes best-in-class safety processes and fosters a safety-conscious mindset among all employees. We believe in the power of prevention and encourage all colleagues to halt operations if they pose a risk. Our reduced total recordable incident rate and comprehensive HSE training programs reflect our commitment to health and safety.
