Our Sustainability Strategy
Our industry is facing an evolving and increasingly complex business landscape which poses both risks and opportunities for our company. To navigate the challenges of today and tomorrow, and to further define our role as industry leaders, we are harnessing our culture of “doing the right thing” and putting it to work in a pragmatic sustainability framework comprising four pillars of responsibility.
Environmental Responsibility
Decarbonising our fleet, managing our waste and use of resources, and minimising our impact on biodiversity as we continue to grow our business
Responsibility to our people
Safeguarding a decent, healthy and safe work environment and nurturing an empowered and inclusive organisation, while developing a diverse, well-supported and high-performing workforce
Responsible business fundamentals
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
Responsible value creation
Serving, helping and collaborating with customers, suppliers, the seafarer community and other stakeholders to support a responsible and resilient supply chain and PB community
Our commitment to and performance in the above overarching areas of sustainability are discussed in detail in our downloadable reports as follows:
Our sustainability reporting follows the Hong Kong Stock Exchange's Environmental, Social and Governance Reporting Code.
Our Compliance with SEHK ESG Reporting
Sustainability Awards
In 2024, we won several top awards and recognitions for ESG and related performance, including for example the Silver award in the ESG leaders category at the ESG Shipping Awards International.
Some notable other awards in recent years include:
- Shipping Company of the Year at Seatrade Maritime Awards 2022
- Excellence in Dry Bulk Shipping at Lloyd’s List Asia Pacific Awards 2019
- People Development Award at International Bulk Journal Awards 2019
- Dry Bulk Operator of the Year at Lloyd’s List Global Awards 2018
- Customer Care Award at International Bulk Journal Awards 2018
- Company of the Year at Lloyd’s List Global Awards 2017
Our Awards
-
Responsible business fundamentalsWhat good governance means to us Good corporate governance enhances stakeholder confidence in Pacific Basin as a partner and a place to invest.
-
Our ESG StrategyFind out more ESG is about recognising our responsibilities to the safety and wellbeing of our staff, the environment and the communities in which we operate.
-
2024 Sustainability ReportView our Sustainability Report (PDF)