ESG Report

The report presents Pan Ocean's 2022 sustainability performance through a dual materiality assessment, decarbonization targets, social management, and board-level ESG governance. It reports 2,669,563 tCO2eq of Scope 1 and 2 emissions and 3,738,975 tCO2eq of Scope 3 emissions, while setting a 10.4% total-emissions reduction target by 2030 from 2021. The company also declares Net Zero by 2050 and operates a board-level ESG Committee. Human Rights Management Guidelines were established in June 2023 and incorporate the UN Guiding Principles on Business and Human Rights.