A Sustainable Business Approach
We are a substantial shipping business. We draw on and impact the resources and relationships (our Capitals) on which we rely to create and protect value. As a large player with an ambitious vision for the future, we recognise our responsibilities to these Capitals, which affect the long-term sustainability of our business.
Many of our responsible actions - our commitment to Sustainability - enhance our financial performance, our reputation and the future value of our business.
These responsibilities and relationships are components of the key material matters we focus on to deliver our strategic objectives. Our active approach to Sustainability is rooted in our culture and, governed by our policies and systems, integrated into our daily business behaviour and operating practices.
Our ESG initiatives enhance safety and workplace fulfilment, minimise our operations' environmental impact, and enrich engagement with the communities in which we operate.
Safeguarding a decent, healthy and safe work environment and nurturing an empowered and inclusive organisation, while developing a well-supported and competent workforce
Decarbonising our fleet, managing our waste and use of resources, and minimising our impact on biodiversity as we continue to grow our business
Serving, helping and collaborating with customers, suppliers, the seafarer community and other stakeholders to support a responsible and resilient supply chain and PB community
Evolving and enhancing management and governance practices (including due diligence, financial and risk management, integrity and transparency) to safeguard business resilience and stakeholder trust and confidence
These responsibilities are core to our culture, strategy and long-term vision. Our spirit and culture turn our sustainability efforts into reality and make a difference within and outside of our organisation.
Sustainability policies, governance, materiality, and reporting framework and scope
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Responsible business fundamentalsGood corporate governance enhances stakeholder confidence in Pacific Basin as a partner and a place to invest.
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Our ESG StrategyESG is about recognising our responsibilities to the safety and wellbeing of our staff, the environment and the communities in which we operate.
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2023 Sustainability ReportView our Sustainability Report (PDF)