Recently there has been growing attention in the literature towards the prospects of using future gravitational wave observations of inspiralling compact binary systems as high-precision cosmological distance indicators. These so-called "standard sirens" are the gravitational wave analogues of "standard candles" and, when combined with measurement of their redshift from their electromagnetic counterpart, could yield a wholly independent calibration of the cosmological distance ladder and a sensitive probe of cosmological parameters through construction of their luminosity distance redshift relation. An important issue with the cosmological application of standard sirens, however, is the impact of weak gravitational lensing from intervening large scale structure. For supermassive black hole (SMBH) sirens observed with LISA, for example, gravitational lensing will randomly (de-)magnify the gravitational wave signal, seriously degrading their performance as cosmological probes. In this seminar I will review the recent work on cosmological applications of standard sirens, and present the results of our investigation into the efficacy of "delensing" SMBH sirens using weak lensing maps - constructed from ground- and space-based survey data - along each siren's line of sight.