Authors : Kaisar Akhir; Basilio Dias Araujo; Fauzan Siszadli Dwi Farand; Mochamad Gizza Gaeta Nahumariri
Volume/Issue : Volume 6 - 2021, Issue 9 - September
Google Scholar : http://bitly.ws/gu88
Scribd : https://bit.ly/39UYo54
This research aims to design a toolkit that
helps governments in guiding and assessing maritime
companies to implement blue economy principles for
supporting the achievement of sustainable development
goals (SDGs) in coastal states. Currently, there are 153 of
193 United Nations member states which are coastal.
Coastal states are playing an important role in ocean
economy development in the world while have been
impacted by many environmental problems. The
environmental, social, and economic aspects should be
considered in blue economy business to reduce ecological
scarcities and environmental risk, to improve food
security, human well-being, quality jobs, poverty
eradication, economic growth, also to ensure sustainable
production and consumption. To support blue economy
business in coastal states, a toolkit of the Blue Economy
Company Index (BECdex) has been designed. BECdex
would be able to assess and guide maritime companies to
implement blue economy principles and achieve the
relevant SDGs. Maritime companies are profit
organizations that operating their business in blue
economy sectors and taking place in the ocean and
coastal areas. The methodology used in this research
includes designing a structure of the index through
selection, classification, and modification from the
existing blue economy concepts to set the aspects,
outcomes, principles, and indicators of BECdex and
mapping the index to SDGs. Besides the index scoring
formula had been created. BECdex can classify maritime
companies into three categories of labeling, namely
Excellent Blue Economy Company, Good Blue Economy
Company, and Standard Blue Economy Company based
on their implementation of BECdex indicators. The
indexing will be conducted on a website. Finally, this
toolkit is expected to be an innovative solution to
encourage companies in blue economy sectors to
voluntarily implementing the blue economy in
supporting the achievement of SDGs in coastal states.
Keywords : Blue Economy Company Index; Coastal States; Maritime Company; Sustainable Business; Sustainable Development Goals.