Sustainability Report 2021
Extracted ESG KPIs
KPIs are organized by ESG aspects.
The types of emissions and respective emissions data.
| Indicator | Unit | 2018 | 2019 | 2020 | 2021 | 2030 | Report Pages |
|---|---|---|---|---|---|---|---|
| Cargo volume carried | million tonnes | 79 | 77 | ||||
| Emissions from Owned Fleet - Nitrogen Oxides (NOx) | grams NOx per tonne-mile | 0.24 | 77 | ||||
| Emissions from Owned Fleet - Particulate Matter (PM) | grams PM per tonne-mile | 0.013 | 77 | ||||
| Emissions from Owned Fleet - Sulphur Oxides (SOx) | grams SOx per tonne-mile | 0.026 | 77 | ||||
| Nitrogen oxides (NOx) intensity | grams NOx per tonne-mile | 0.23 | 0.24 | 0.24 | 33 | ||
| Particulate matter (PM) intensity | grams PM per tonne-mile | 0.013 | 0.013 | 33 | |||
| Sulphur oxides (SOx) intensity | grams SOx per tonne-mile | 0.14 | 0.026 | 0.017 | 32 |
Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2019/2020 | 2020 | 2020/2021 | 2021 | 2023 | 2024 | 2025 | 2026 | Report Pages |
|---|---|---|---|---|---|---|---|---|---|---|
| Carbon Intensity (EEOI) | grams CO2 per tonne-mile | 9.81 | 10.1 | 30 | ||||||
| EU ETS emission allowances surrender requirement for shipping | percent of emissions | 20 | 45 | 70 | 100 | 27 | ||||
| Emissions from Chartered Fleet - Scope 1 CO2 emissions from chartered fleet | metric tonnes | 2267000 | 77 | |||||||
| Emissions from Owned Fleet - AER CO2 index | 6.28 | 77 | ||||||||
| Emissions from Owned Fleet - AER average rating | B | 77 | ||||||||
| Emissions from Owned Fleet - EEOI CO2 index | grams CO2 per tonne-mile | 10.1 | 77 | |||||||
| Emissions from Owned Fleet - Scope 1 CO2 emissions from our owned fleet | metric tonnes | 1592000 | 77 | |||||||
| Scope 1 GHG emissions from chartered fleet | metric tonnes CO2e | 2299000 | 78 | |||||||
| Scope 1 GHG emissions from owned fleet | metric tonnes CO2e | 1615000 | 78 | |||||||
| Scope 2 GHG emissions from onshore activities | metric tonnes CO2e | 371 | 78 | |||||||
| Scope 2 and 3 carbon emissions from headquarters office in Hong Kong (87% of shore-based staff work) | metric tonnes | 1150 | 495 | 43 | ||||||
| Scope 3 GHG emissions from PB crew travel | metric tonnes CO2e | 6801 | 78 | |||||||
| Scope 3 GHG emissions from onshore activities | metric tonnes CO2e | 408 | 78 | |||||||
| Total GHG emissions | metric tonnes CO2e | 3921580 | 78 | |||||||
| Total GHG emissions from onshore activities | metric tonnes CO2e | 7580 | 78 |
Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Sludge incinerated from owned fleet | m3/month/ship | 1.33 | 78 |
Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Garbage Landed (m³ per month per ship) | m³ per month per ship | 1.91 | 36 |
| Garbage landed from owned fleet | m3/month/ship | 1.91 | 78 |
Description of emissions target(s) set and steps taken to achieve them.
| Indicator | Unit | 2023 to 2026 | 2025 | 2030 | 2045 | 2050 | Report Pages |
|---|---|---|---|---|---|---|---|
| Annual carbon intensity reduction requirement | % per year | 2 | 26 | ||||
| Carbon Intensity (EEOI) target | grams CO2 per tonne-mile | 6.7 | 30 | ||||
| EU greenhouse gas intensity reduction mandate for shipping | percent reduction | 2 | 6 | 59 | 75 | 27 | |
| IMO's target for carbon intensity reduction relative to 2008 | % | 40 | 26 | ||||
| Nitrogen oxides (NOx) intensity target | grams NOx per tonne-mile | 0.17 | 33 | ||||
| Pacific Basin's carbon intensity reduction target relative to 2008 | % | 50 | 100 | 26 | |||
| Particulate matter (PM) intensity target | grams PM per tonne-mile | 0.009 | 33 | ||||
| Target for net zero emissions by | net zero | 9 |
Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2021 | 2050 | Report Pages |
|---|---|---|---|---|
| Chartered ships operated (2021 average) | # ships | 143 | 77 | |
| Fuel Consumed by Chartered Fleet - Heavy fuel oil | metric tonnes | 67700 | 77 | |
| Fuel Consumed by Chartered Fleet - Low sulphur fuel oil | metric tonnes | 584400 | 77 | |
| Fuel Consumed by Chartered Fleet - Total | metric tonnes | 719100 | 77 | |
| Fuel Consumed by Owned Fleet - Fuel Intensity | 000' mt/ship, kg/dwt | 97.7 | 77 | |
| Fuel Consumed by Owned Fleet - Heavy fuel oil (in conjunction with scrubbers since 2020) | metric tonnes | 505800 | 77 | |
| Fuel Consumed by Owned Fleet - Low sulphur fuel oil | metric tonnes | 305900 | 77 | |
| Fuel Consumed by Owned Fleet - Low sulphur marine gas oil | metric tonnes | 59800 | 77 | |
| Owned ships operated (2021 average) | # ships | 116 | 77 | |
| Target for fleet to comprise only zero-emission vessels by | only zero-emission vessels | 9 |
Water consumption in total and intensity (e.g. per unit of production volume, per facility).
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Fresh Water Sourced from Ashore (tonnes per month per ship) | tonnes per month per ship | 51.8 | 36 |
| Fresh water consumption from owned fleet | tonnes/month/ship | 51.8 | 78 |
Description of energy use efficiency target(s) set and steps taken to achieve them.
| Indicator | Unit | 2021 | 2024 | Report Pages |
|---|---|---|---|---|
| AER (Annual Efficiency Ratio) | 6.28 | 30 | ||
| AER (Annual Efficiency Ratio) target | C or better | 30 |
Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.
| Indicator | Unit | 2023 | 2023 to 2030 | by 2030 | Report Pages |
|---|---|---|---|---|---|
| Expected cap on maximum continuous rating for majority of bulkers (all bulkers over 7 years old) due to EEXI | percent | 73 | 25 | ||
| Projected reduction in Pacific Basin vessel speeds | knots | 3 | 26 | ||
| Projected reduction in global dry bulk fleet average speed | knots | 3 | 26 |
Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Full-time shore staff | % | 99 | 79 |
| Non-full-time shore staff | % | 1 | 79 |
| Officer cadets per ship | # | 1.3 | 54, 79 |
| Seafarers by age: 20-29 years old | % | 37 | 79 |
| Seafarers by age: 30-39 years old | % | 36 | 79 |
| Seafarers by age: 40-49 years old | % | 20 | 79 |
| Seafarers by age: <20 years old | % | 1 | 79 |
| Seafarers by age: >50 years old | % | 6 | 79 |
| Seafarers by nationality: Chinese | % | 39 | 79 |
| Seafarers by nationality: Filipino | % | 49 | 79 |
| Seafarers by nationality: Russian & other | % | 9 | 79 |
| Seafarers by nationality: Ukrainian | % | 3 | 79 |
| Seafarers headcount | # | 4600 | 79 |
| Shore staff by age: 20-29 years old | % | 14 | 79 |
| Shore staff by age: 30-39 years old | % | 29 | 79 |
| Shore staff by age: 40-49 years old | % | 29 | 79 |
| Shore staff by age: 50-59 years old | % | 22 | 79 |
| Shore staff by age: >60 years old | % | 6 | 79 |
| Shore staff by region - Africa | % | 1 | 80 |
| Shore staff by region - Asia | % | 76 | 80 |
| Shore staff by region - Australasia | % | 4 | 80 |
| Shore staff by region - Europe | % | 10 | 80 |
| Shore staff by region - N. America | % | 6 | 80 |
| Shore staff by region - S. America | % | 3 | 80 |
| Shore staff nationalities | # | 30 | 79 |
| Shore-based staff headcount | # staff | 365 | 79 |
| Women in workforce | % | 45 | 79 |
Employee turnover rate by gender, age group and geographical region.
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Seafarer Turnover/Retention - Officer retention | % | 91 | 80 |
| Seafarer Turnover/Retention - Overall crew retention | % | 87 | 80 |
| Shore staff retention | % | 88 | 80 |
| Shore staff turnover by age - 20-29 years old | % | 23 | 80 |
| Shore staff turnover by age - 30-39 years old | % | 17 | 80 |
| Shore staff turnover by age - 40-49 years old | % | 8 | 80 |
| Shore staff turnover by age - 50-59 years old | % | 6 | 80 |
| Shore staff turnover by age - >60 years old | % | 19 | 80 |
| Shore staff turnover by gender - Men | % | 12 | 80 |
| Shore staff turnover by gender - Women | % | 14 | 80 |
| Shore staff turnover by region - Asia | % | 12 | 80 |
| Shore staff turnover by region - Australasia | % | 33 | 80 |
| Shore staff turnover by region - Europe | % | 5 | 80 |
| Shore staff turnover by region - N. America | % | 23 | 80 |
| Shore staff turnover by region - S. America | % | 30 | 80 |
| Shore staff under share award scheme | % | 26 | 80 |
Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Navigational accidents | # | 2* | 79 |
| Number of lost-time injuries | five | 9 | |
| Total Recordable Case Frequency (TRCF) | injuries per million man hours | 0.55 | 53 |
| Total recordable injury case frequency (TRCF) | per mil man hrs | 0.55 | 79 |
Lost days due to work injury.
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Lost Time Injury Frequency (LTIF) | injuries per million man hours | 0.25 | 53 |
| Lost time injury frequency (LTIF) | per mil man hrs | 0.25 | 79 |
| Lost-time injury frequency (number of lost-time injuries per 19.9 million man hours) | lowest ever | 9 | |
| Number of man hours | million man hours | 19.9 | 9 |
Description of occupational health and safety measures adopted, and how they are implemented and monitored.
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Deficiencies per PSC inspection | # | 0.6 | 79 |
| External Inspection Deficiency Rate | deficiencies per inspection | 0.6 | 53 |
| Near-miss reports | # | 1264 | 79 |
| Ships per safety/training manager | # | 11 | 79 |
The percentage of employees trained by gender and employee category (e.g. senior management, middle management).
| Indicator | Unit | 2020 | 2021 | Report Pages |
|---|---|---|---|---|
| Number of seafarers attending training webinars in 2021 | 2162 | 54 | ||
| Number of training webinars in 2021 | 11 | 54 | ||
| Percentage of staff received external training | % | 47 | 56 | |
| Percentage of staff received external training - Chartering & Operations | % | 34 | 56 | |
| Percentage of staff received external training - Communications, Finance & Governance | % | 12 | 56 | |
| Percentage of staff received external training - Female | % | 40 | 56 | |
| Percentage of staff received external training - Male | % | 60 | 56 | |
| Percentage of staff received external training - Strategic, HR, Admin, IT, Insurance, Legal, etc | % | 9 | 56 | |
| Percentage of staff received external training - Technical & Crewing | % | 45 | 56 | |
| Percentage of staff received external training mostly via video | % | 50 | 47 | 56 |
| Seafarer/officer training seminars | # | 11 | 79 | |
| Shore staff receiving external training | staff % | 47 | 79 |
The average training hours completed per employee by gender and employee category.
| Indicator | Unit | 2020 | 2021 | Report Pages |
|---|---|---|---|---|
| Average number of people attending each training webinar in 2021 | 150 | 54 | ||
| Average training hours per onshore employee | hours | 7 | 25 | 56, 79 |
| Average training time per employee - Chartering & Operations | hours | 8 | 56 | |
| Average training time per employee - Communications, Finance & Governance | hours | 9 | 56 | |
| Average training time per employee - Female | hours | 11 | 56 | |
| Average training time per employee - Male | hours | 36 | 56 | |
| Average training time per employee - Strategic, HR, Admin, IT, Insurance, Legal, etc | hours | 9 | 56 | |
| Average training time per employee - Technical & Crewing | hours | 18 | 56 |
Number of suppliers by geographical region.
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Approved suppliers | # | 1249 | 80 |
| Bunker suppliers | # | 25 | 80 |
| Number of bunker suppliers in Africa | 2 | 67 | |
| Number of bunker suppliers in Asia | 4 | 67 | |
| Number of bunker suppliers in Central America | 2 | 67 | |
| Number of bunker suppliers in Europe | 6 | 67 | |
| Number of bunker suppliers in Middle East | 3 | 67 | |
| Number of bunker suppliers in North America | 2 | 67 | |
| Number of bunker suppliers in Oceania | 1 | 67 | |
| Number of bunker suppliers in South America | 4 | 67 | |
| Number of bunker suppliers in The Caribbean | 1 | 67 | |
| Number of other suppliers in Africa | 70 | 67 | |
| Number of other suppliers in Asia | 604 | 67 | |
| Number of other suppliers in Central America | 39 | 67 | |
| Number of other suppliers in Europe | 193 | 67 | |
| Number of other suppliers in Middle East | 63 | 67 | |
| Number of other suppliers in North America | 264 | 67 | |
| Number of other suppliers in Oceania | 16 | 67 | |
| Number of other suppliers in South America | 114 | 67 | |
| Number of other suppliers in The Caribbean | 6 | 67 | |
| Total number of bunker suppliers | 25 | 67 | |
| Total number of other suppliers | 1249 | 67 | |
| Total number of suppliers | 1274 | 67 | |
| Total number of suppliers in Africa | 72 | 67 | |
| Total number of suppliers in Asia | 608 | 67 | |
| Total number of suppliers in Central America | 41 | 67 | |
| Total number of suppliers in Europe | 199 | 67 | |
| Total number of suppliers in Middle East | 66 | 67 | |
| Total number of suppliers in North America | 266 | 67 | |
| Total number of suppliers in Oceania | 17 | 67 | |
| Total number of suppliers in South America | 118 | 67 | |
| Total number of suppliers in The Caribbean | 7 | 67 |
Description of quality assurance process and recall procedures.
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Zero deficiency rate in PSC inspections | % | 77 | 79 |
Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Sponsorship & donations | US$'000 | 365 | 80 |
Resources contributed (e.g. money or time) to the focus area.
| Indicator | Unit | 2021 | Report Pages |
|---|---|---|---|
| Revenue | US$ million | 2972 | 77 |
The types of emissions and respective emissions data.
| Standard Indicator | Unit | 2018 | 2019 | 2020 | 2021 | 2030 |
|---|---|---|---|---|---|---|
| NOâ‚“ Emission Intensity (By Logistics) | grams NOx per tonne-mile | 0.23 | 0.24 | 0.24 | ||
| PM Emission Intensity (By Logistics) | grams PM per tonne-mile | 0.013 | 0.013 | |||
| SOâ‚“ Emission Intensity (By Logistics) | grams SOx per tonne-mile | 0.14 | 0.026 | 0.017 |
Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2020 | 2021 |
|---|---|---|---|
| Direct GHG Emissions (Scope 1) | metric tonnes CO2e | 1615000 | |
| Indirect Energy Emissions (Scope 2) | metric tonnes CO2e | 371 | |
| Scope 3 GHG Emissions (Business Travel) | metric tonnes CO2e | 6801 | |
| Total GHG Emissions | metric tonnes CO2e | 3921580 | |
| Total GHG Emissions Intensity (By Product Weight) | grams CO2 per tonne-mile | 9.81 | 10.1 |
| Total Other Indirect Energy Emissions (Scope 3) | metric tonnes CO2e | 408 |
Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2021 |
|---|---|---|
| Hazardous Waste Incineration | m3/month/ship | 1.33 |
Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2021 |
|---|---|---|
| Total Non-Hazardous Waste Intensity (By Unit Product) | m³ per month per ship | 1.91 |
Description of emissions target(s) set and steps taken to achieve them.
| Standard Indicator | Unit | 2023 to 2026 | 2025 | 2030 | 2045 | 2050 |
|---|---|---|---|---|---|---|
| GHG Emissions Reduction Percentage Compared to Last Year | % per year | 2 | 2 | 6 | 59 | 75 |
| Target Reduction in GHG Intensity Percentage by 2030 Compared to 2008 | % | 50 | ||||
| Target Reduction in GHG Intensity Percentage by 2050 Compared to 2008 | % | 100 |
Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2021 |
|---|---|---|
| Fossil Fuel Consumption | metric tonnes | 719100 |
| Total Non-Renewable Fuel Consumption | metric tonnes | 719100 |
Water consumption in total and intensity (e.g. per unit of production volume, per facility).
| Standard Indicator | Unit | 2021 |
|---|---|---|
| Water Consumption | tonnes/month/ship | 51.8 |
Description of the significant climate-related issues which have impacted, and those which may impact, the issuer, and the actions taken to manage them.
| Standard Indicator | Unit |
|---|---|
| Investment in Climate Change Management | billion USD |
Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.
| Standard Indicator | Unit | 2021 |
|---|---|---|
| Number of Employees Aged 30-50 | # | 2227 |
| Number of Employees Aged Above 50 | # | 1023 |
| Number of Employees Aged Below 30 | # | 715 |
| Number of Employees in Americas | # | 32 |
| Number of Employees in Asia | # | 278 |
| Number of Employees in Australasia | # | 15 |
| Number of Employees in Europe | # | 37 |
| Number of Employees in North America | # | 22 |
| Number of Full-time Employees | # | 4915 |
| Number of Part-time Employees | # | 50 |
| Number of Total Employees | # | 4965 |
| Percentage of Employees Aged 30-50 | % | 44.9 |
| Percentage of Employees Aged Above 50 | % | 20.6 |
| Percentage of Employees Aged Below 30 | % | 14.7 |
| Percentage of Employees in Americas | % | 9 |
| Percentage of Employees in Asia | % | 76 |
| Percentage of Employees in Australasia | % | 4 |
| Percentage of Employees in Europe | % | 10 |
| Percentage of Employees in North America | % | 6 |
| Percentage of Female Employees | % | 45 |
| Percentage of Full-time Employees | % | 99 |
| Percentage of Part-time Employees | % | 1 |
Employee turnover rate by gender, age group and geographical region.
| Standard Indicator | Unit | 2021 |
|---|---|---|
| Turnover Rate of Employees Aged 30-50 | % | 17 |
| Turnover Rate of Employees Aged Above 50 | % | 19 |
| Turnover Rate of Employees Aged Below 30 | % | 23 |
| Turnover Rate of Employees in Asia | % | 12 |
| Turnover Rate of Employees in Australasia | % | 33 |
| Turnover Rate of Employees in Europe | % | 5 |
| Turnover Rate of Employees in North America | % | 23 |
| Turnover Rate of Employees in South America | % | 30 |
| Turnover Rate of Female Employees | % | 14 |
| Turnover Rate of Male Employees | % | 12 |
| Turnover Rate of Total Employees | % | 12 |
Lost days due to work injury.
| Standard Indicator | Unit | 2021 |
|---|---|---|
| Lost Time Injury Frequency Rate (LTIFR/LTIR) | injuries per million man hours | 0.25 |
The percentage of employees trained by gender and employee category (e.g. senior management, middle management).
| Standard Indicator | Unit | 2021 |
|---|---|---|
| Percentage of Employees Trained | % | 47 |
| Percentage of Trained Female Employees | % | 40 |
| Percentage of Trained Male Employees | % | 60 |
The average training hours completed per employee by gender and employee category.
| Standard Indicator | Unit | 2020 | 2021 |
|---|---|---|---|
| Average Training Hours (Administrative Employees) | hours | 9 | |
| Average Training Hours (Female) | hours | 11 | |
| Average Training Hours (Male) | hours | 36 | |
| Average Training Hours (Operational Employees) | hours | 8 | |
| Average Training Hours (Technical Employees) | hours | 18 | |
| Average Training Hours per Employee | hours | 7 | 25 |
Number of suppliers by geographical region.
| Standard Indicator | Unit | 2021 |
|---|---|---|
| Number of Suppliers in Africa | # | 72 |
| Number of Suppliers in Asia (Excluding China) | # | 608 |
| Number of Suppliers in Europe | # | 199 |
| Number of Total Suppliers | # | 1274 |