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

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Nam Cheong Ltd

Nam Cheong Ltd 2024 Sustainability Report

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