American Bureau of Shipping (ABS)

16855 Northchase Drive, Houston, TX 77060

3

BPI
Financial Rating

3.9

BPI Stakeholder Rating

4.2

BPI Social Responsibility Rating

Committed to setting standards for safety and excellence as one of the world’s leading ship classification organizations, the American Bureau of Shipping (ABS) establishes the best solutions for the industries we serve, and is at the forefront of marine and offshore innovation. Since its founding in 1862, ABS has been committed to setting standards for safety and excellence as one of the world’s leading ship classification organizations. We search for and establish the best solutions for the industries we serve, and are at the forefront of marine and offshore innovation. In a constantly evolving industry, ABS works alongside its partners tackling the most pressing technical, operational and regulatory challenges so the marine and offshore industries can operate safely, securely and responsibly. The surveyors, engineers, researches and regulatory specialists who form the ABS team work in more than 200 offices in 70 countries around the world. With a passion for making the world a safer place, while also delivering practical and innovative solutions, ABS stands ready to assist and advance the marine and offshore industries.

3.7

Overall Excellence Rating

Industry

Transportation

Category

Cyber Security

ESG/Ethical Impact

ABS plays a pivotal role in shaping maritime environmental standards, with a profound impact on reducing shipping emissions, including initiatives to promote cleaner fuels, energy-efficient vessel designs, and ballast water management systems. The organization’s commitment to reducing greenhouse gas emissions in shipping contributes directly to global efforts to combat climate change through the development and enforcement of emission reduction guidelines and standards. ABS has a role in preserving marine ecosystems, emphasizing the importance of responsible vessel operations to prevent oil spills and minimize marine pollution, safeguarding ocean health. Promoting alternative propulsion technologies, like LNG and hydrogen, and the integration of renewable energy sources, such as wind and solar, into ship designs can help reduce the maritime industry’s reliance on fossil fuels. ABS can influence biodiversity preservation through its efforts to ensure responsible shipbreaking practices, thereby minimizing the impact of end-of-life vessels on coastal ecosystems. ABS has a pivotal role in ensuring the safety of seafarers by setting and enforcing safety standards, promoting worker welfare, and enhancing overall safety culture within the maritime sector.

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Awards Received

2023

Revenues

$451,900,000.00

Website Traffic

Employee Rating

3.8

Customer Rating

3.9

Company Size

1000-5000

ESG Risk Rating

4

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