Nam Cheong Ltd 2024 SR
The report highlights Nam Cheong Limited's sustainability performance for the 2024 fiscal year, focusing on its offshore support vessel (OSV) building and chartering operations. Key achievements include a 24.3% reduction in emission intensity and the successful completion of a debt restructuring process. The company maintained a record of zero fatalities and zero lost time injuries while increasing total training hours by 28%. Nam Cheong continues to align its disclosures with GRI Standards and TCFD recommendations, preparing for future ISSB adoption. The Group also emphasized business resilience through multi-year charter contracts and ongoing investments in green technology ships.
Company: Nam Cheong Ltd
Sector: Industrials
Country: Singapore
Year: 2024
Type: SR
Pages: 28
Nam Cheong Ltd
Sustainability Report
The report highlights Nam Cheong Limited's sustainability performance for the 2024 fiscal year, focusing on its offshore support vessel (OSV) building and chartering operations. Key achievements include a 24.3% reduction in emission intensity and the successful completion of a debt restructuring process. The company maintained a record of zero fatalities and zero lost time injuries while increasing total training hours by 28%. Nam Cheong continues to align its disclosures with GRI Standards and TCFD recommendations, preparing for future ISSB adoption. The Group also emphasized business resilience through multi-year charter contracts and ongoing investments in green technology ships.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Workplace Fatalities
Employees