Pacific Basin Shipping Ltd 2024 SR
The report highlights Pacific Basin's progress toward its net zero by 2050 target, aligned with IMO strategies. In 2024, the company ordered four dual-fuel methanol low-emission vessels and applied silicone hull coatings to 35 ships to enhance fuel efficiency. The company achieved a 42% reduction in carbon intensity compared to its 2008 baseline. Socially, the company focused on seafarer wellbeing, successfully securing the release of ten detained crew members in Nigeria. Governance was strengthened by establishing a dedicated Board-level Sustainability Committee and achieving 44% female representation on the Board by early 2025.
Company: Pacific Basin Shipping Ltd
Sector: Industrials
Country: Hong Kong
Year: 2024
Type: SR
Pages: 112
Pacific Basin Shipping Ltd
The report highlights Pacific Basin's progress toward its net zero by 2050 target, aligned with IMO strategies. In 2024, the company ordered four dual-fuel methanol low-emission vessels and applied silicone hull coatings to 35 ships to enhance fuel efficiency. The company achieved a 42% reduction in carbon intensity compared to its 2008 baseline. Socially, the company focused on seafarer wellbeing, successfully securing the release of ten detained crew members in Nigeria. Governance was strengthened by establishing a dedicated Board-level Sustainability Committee and achieving 44% female representation on the Board by early 2025.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Feb 28, 2025
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:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees