ESG Report

The report describes Pan Ocean's inaugural ESG disclosure, covering 2021 performance and selected 2022 activities. It highlights the company's KRW 50 billion green bond issuance to support green vessels and environmental systems, a 2050 Net Zero goal with a 2030 target to reduce total emissions by 10.4%, and a voluntary CDP score of B. Governance developments include the establishment of a board-level ESG Committee and appointment of the company's first female independent director.