Pacific Basin Shipping Ltd 2023 SR
The report highlights Pacific Basin's progress toward its net-zero by 2050 target, noting a 40% reduction in carbon intensity since 2008. Key initiatives in 2023 included retrofitting energy-efficient technologies like silicone hull coatings and pre-swirl vanes, and advancing the design of a methanol-capable dual-fuel low-emission vessel. The company successfully concluded its first sustainability-linked credit facility of US$150 million. Socially, it focused on seafarer safety and wellbeing, maintaining a lost-time injury frequency of 0.67. The report also details enhanced sustainability governance with the establishment of a dedicated Board-level Sustainability Committee.
Company: Pacific Basin Shipping Ltd
Sector: Industrials
Country: Hong Kong
Year: 2023
Type: SR
Pages: 96
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Pacific Basin Shipping Ltd
Sustainability Report
The report highlights Pacific Basin's progress toward its net-zero by 2050 target, noting a 40% reduction in carbon intensity since 2008. Key initiatives in 2023 included retrofitting energy-efficient technologies like silicone hull coatings and pre-swirl vanes, and advancing the design of a methanol-capable dual-fuel low-emission vessel. The company successfully concluded its first sustainability-linked credit facility of US$150 million. Socially, it focused on seafarer safety and wellbeing, maintaining a lost-time injury frequency of 0.67. The report also details enhanced sustainability governance with the establishment of a dedicated Board-level Sustainability Committee.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees