Sustainability Report 2022

Year: 2022
Published: 2023-03-14
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2018 2020 2021 2022 Report Pages
Cargo volume carried million tonnes 68 2, 67
Nitrogen Oxides (NOx) from Owned Fleet grams NOx per tonne-mile 0.23 67
Nitrogen oxides (NOx) intensity grams NOx per tonne-mile 0.26 0.24 0.24 0.23 25
Oil Pollution Incidents 1 68
Oil Spill Incidents incident 1 26
Particulate Matter (PM) from Owned Fleet grams PM per tonne-mile 0.012 67
Particulate matter (PM) intensity grams PM per tonne-mile 0.019 0.013 0.012 0.012 25
Sulphur Oxides (SOx) from Owned Fleet grams SOx per tonne-mile 0.026 67
Sulphur oxides (SOx) intensity grams SOx per tonne-mile 0.139 0.028 0.026 0.026 25

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 2022 2030 Report Pages
AER CO2 index for Owned Fleet 6.07 67
AER carbon intensity grams CO2 per tonne-mile 6.07 21
Carbon Intensity (EEOI) grams CO2 per tonne-mile 9.66 2, 21
Direct CO2 emissions from Chartered Fleet metric tonnes 1983000 67
Direct CO2 emissions from Owned Fleet metric tonnes 1530000 67
EEOI CO2 index for Chartered Fleet grams CO2 per tonne-mile 8.88 67
EEOI CO2 index for Owned Fleet grams CO2 per tonne-mile 9.66 67
Fleet GHG emissions from vessel operations thousand tonnes CO2 equivalent 3534 2
Refrigerant R134a refilled from our owned fleet kg 4 68
Refrigerant R404a refilled from our owned fleet kg 1597 68
Refrigerant R407c refilled from our owned fleet kg 156 68
Scope 1 direct emissions from chartered fleet metric tonnes CO2e 1551000 68
Scope 1 direct emissions from owned fleet metric tonnes CO2e 1542000 68
Scope 2 emissions from purchased electricity metric tonnes CO2e 343 68
Scope 3 indirect emissions from PB crew travel metric tonnes CO2e 9901 68
Scope 3 indirect emissions from chartered in/out fleet metric tonnes CO2e 441000 68
Scope 3 indirect emissions from onshore activities metric tonnes CO2e 1201 68
Scope 3 well-to-tank (WTT) emissions from fuel purchased metric tonnes CO2e 696150 68
Target Carbon Intensity (EEOI) grams CO2 per tonne-mile 6.7 21
Total GHG emissions metric tonnes CO2e 4251240 68

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2022 Report Pages
Sludge incinerated from our owned fleet m3/month/ship 1.27 68

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2022 Report Pages
Garbage Landed m³ per month per ship 2.02 26
Garbage landed from our owned fleet m3/month/ship 2.02 68
Marine Paint consumption from our owned fleet litre 1014021 68
Recycling – Paper (Hong Kong office) kg 742 68
Recycling – Printer Cartridge/Toner (Hong Kong office) # 16 68

Description of emissions target(s) set and steps taken to achieve them.

Indicator Unit 2022 Report Pages
Carbon Intensity (EEOI) reduction % -4 2

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 2022 Report Pages
Chartered ships operated (2022 average) # ships 130 67
Fuel Consumed by Chartered Fleet metric tonnes 629600 67
Fuel Consumed by Owned Fleet metric tonnes 487000 67
Fuel Intensity (000’ mt/ship) for Owned Fleet 000’ mt/ship 4.16 67
Fuel Intensity (kg/dwt) for Owned Fleet kg/dwt 97.3 67
Fuel consumed thousand tonnes 1117 2
Grease consumption from our owned fleet kg 40386 68
Heavy fuel oil consumed by Chartered Fleet metric tonnes 52300 67
Heavy fuel oil consumed by Owned Fleet metric tonnes 135200 67
Low sulphur fuel oil consumed by Chartered Fleet metric tonnes 517200 67
Low sulphur fuel oil consumed by Owned Fleet metric tonnes 293500 67
Low sulphur marine gas oil consumed by Chartered Fleet metric tonnes 60100 67
Low sulphur marine gas oil consumed by Owned Fleet metric tonnes 58300 67
Marine Lubricant Oil consumption from our owned fleet litre 5816870 68
Owned ships operated (2022 average) # ships 118 67
Owned ships traded at sea 118 2

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2022 Report Pages
Fresh Water Sourced from Ashore tonnes per month per ship 50.2 26
Fresh water consumption from our owned fleet tonnes/month/ship 50.2 68

Description of energy use efficiency target(s) set and steps taken to achieve them.

Indicator Unit 2022 Report Pages
AER (Annual Efficiency Ratio) 6.07 2
AER average rating for Owned Fleet C 67

Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.

Indicator Unit 2022 Report Pages
Pollution incidents (non-MARPOL violation) 1 2

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Indicator Unit 2018 2019 2020 2021 2022 Report Pages
Full-time shore staff % 99 99 70
Non-full-time shore staff % 1 1 70
Officer cadets per ship # 1.9 69
PB seafarer numbers (active crew) 3900+ 2
Seafarer man hours million man hours 20.8 2
Seafarers by age: 20-29 years old % 39 40 38 37 34 70
Seafarers by age: 30-39 years old % 31 32 32 36 38 70
Seafarers by age: 40-49 years old % 22 21 21 20 21 70
Seafarers by age: <20 years old % 2 1 2 1 1 70
Seafarers by age: >50 years old % 6 6 7 6 6 70
Seafarers by nationality: Chinese % 57 52 48 39 25 70
Seafarers by nationality: Filipino % 39 42 45 49 51 70
Seafarers by nationality: Russian & other % 2 3 3 9 21 70
Seafarers by nationality: Ukrainian % 2 3 4 3 3 70
Seafarers headcount # 3800 3900 4100 4600 3900 70
Shore staff by age: 20-29 years old % 14 12 13 14 13 70
Shore staff by age: 30-39 years old % 35 32 31 29 29 70
Shore staff by age: 40-49 years old % 29 32 30 29 30 70
Shore staff by age: 50-59 years old % 17 19 20 22 22 70
Shore staff by age: >60 years old % 5 5 6 6 6 70
Shore staff by function: Chartering & Operations % 39 40 39 42 39 70
Shore staff by function: Communications, Finance & Governance % 14 13 14 10 9 70
Shore staff by function: Strategic, HR, Admin, IT, Insurance, Legal, etc % 15 14 13 12 16 70
Shore staff by function: Technical & Crewing % 32 33 34 36 36 70
Shore staff by region: Africa % 1 1 1 1 1 70
Shore staff by region: Asia % 74 72 74 76 76 70
Shore staff by region: Australasia % 4 5 5 4 3 70
Shore staff by region: Europe % 10 11 10 10 10 70
Shore staff by region: N. America % 8 8 7 6 6 70
Shore staff by region: S. America % 3 3 3 3 4 70
Shore staff nationalities # 29 28 28 30 31 70
Shore-based staff headcount # staff 336 345 343 365 373 70
Staff nationalities (shore staff & seafarers) 34 2
Tonne-miles work done million tonnes-miles 158330 2
Women in workforce (shore staff) % 43 43 43 45 43 70
Women in workforce ashore 43% 2
Women on our Board 22% 2
Women on our ships 37 2

Employee turnover rate by gender, age group and geographical region.

Indicator Unit 2018 2019 2020 2021 2022 Report Pages
Officer retention % 95 95 96 91 91 70
Overall crew retention % 86 87 88 87 86 70
Shore staff retention % 90 90 94 88 88 71
Shore staff turnover by age - 20-29 years old % 12 23 34 71
Shore staff turnover by age - 30-39 years old % 7 17 9 71
Shore staff turnover by age - 40-49 years old % 3 8 10 71
Shore staff turnover by age - 50-59 years old % 1 6 7 71
Shore staff turnover by age - >60 years old % 18 19 10 71
Shore staff turnover by gender - Men % 6 12 13 71
Shore staff turnover by gender - Women % 6 14 12 71
Shore staff turnover by region - Asia % 6 12 13 71
Shore staff turnover by region - Australasia % 7 33 13 71
Shore staff turnover by region - Europe % 9 5 14 71
Shore staff turnover by region - N. America % 4 23 9 71
Shore staff turnover by region - S. America % 9 30 71
Shore staff under share award scheme % 25 28 28 26 26 71

Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.

Indicator Unit 2022 Report Pages
Crew fatalities # 2* 69
Navigational accidents # 3† 69
Total Recordable Case Frequency (TRCF) injuries per million man hours 0.58 37
Total recordable injury case frequency (TRCF) per mil man hrs 0.58 69

Lost days due to work injury.

Indicator Unit 2022 Report Pages
Lost Time Injury Frequency (LTIF) injuries per million man hours 0.29 37
Lost time injury frequency (LTIF) per mil man hrs 0.29 69
Lost-time injuries 6 2
Lost-time injury rate injuries per million man hours 0.29 2

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Indicator Unit 2022 Report Pages
Deficiencies per PSC inspection # 0.93 69
External Inspection Deficiency Rate deficiencies per inspection 0.93 37
Near-miss reports # 1700 69
Ships per safety/training manager # 11 69

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Indicator Unit 2022 Report Pages
Employee engagement score 82% 2
Percentage of general staff receiving external training percent 59% 40
Percentage of middle management receiving external training percent 55% 40
Percentage of senior management receiving external training percent 69% 40
Percentage of staff receiving external training (mostly via video in 2022) percent 57% 40
Seafarer/officer training webinars and seminars # 49 69
Shore staff receiving external training % 57 69
Shore staff trained by employee category - General staff % 59 69
Shore staff trained by employee category - Middle management % 55 69
Shore staff trained by employee category - Senior management % 69 69
Shore staff trained by function - Chartering & Operations % 37 69
Shore staff trained by function - Communications, Finance & Governance % 11 69
Shore staff trained by function - Strategic, HR, Admin, IT, Insurance, Legal, etc % 12 69
Shore staff trained by function - Technical & Crewing % 40 69
Shore staff trained by gender - Men % 55 69
Shore staff trained by gender - Women % 45 69

The average training hours completed per employee by gender and employee category.

Indicator Unit 2022 Report Pages
Average training hours per general staff employee hours 7 40
Average training hours per middle management employee hours 12 40
Average training hours per onshore employee hours 10 40, 69
Average training hours per senior management employee hours 15 40
Shore staff average training hours by employee category - General staff hours 7 69
Shore staff average training hours by employee category - Middle management hours 12 69
Shore staff average training hours by employee category - Senior management hours 15 69
Shore staff average training hours by function - Chartering & Operations hours 11 69
Shore staff average training hours by function - Communications, Finance & Governance hours 12 69
Shore staff average training hours by function - Strategic, HR, Admin, IT, Insurance, Legal, etc hours 9 69
Shore staff average training hours by function - Technical & Crewing hours 8 69
Shore staff average training hours by gender - Men hours 11 69
Shore staff average training hours by gender - Women hours 8 69

Number of suppliers by geographical region.

Indicator Unit 2018 2019 2020 2021 2022 Report Pages
Approved suppliers # 460 620 985 1249 1411 71
Bunker suppliers # 25 14 15 25 28 71
Number of bunker suppliers 28 65
Number of other suppliers 1411 65
Number of suppliers in Africa 86 65
Number of suppliers in Asia 693 65
Number of suppliers in Central America 41 65
Number of suppliers in Europe 478 65
Number of suppliers in Middle East 24 65
Number of suppliers in North America 140 65
Number of suppliers in Oceania 45 65
Number of suppliers in South America 146 65
Number of suppliers in The Caribbean 12 65
Total number of suppliers 1439 65

Description of quality assurance process and recall procedures.

Indicator Unit 2022 Report Pages
Zero deficiency rate in PSC inspections % 74 69

Number of concluded legal cases regarding corrupt practices brought against the issuer or its employees during the reporting period and the outcomes of the cases.

Indicator Unit 2021 2022 Report Pages
Number of facilitation payments incidents # 23 10 71
Total value of incidents of facilitation payments under duress US$ 34000 20000 71

Description of preventive measures and whistle-blowing procedures, and how they are implemented and monitored.

Indicator Unit 2018 2019 2020 2021 2022 Report Pages
Audit Committee meetings # 4 4 4 4 4 71
Sustainability Management Committee meetings # 3 3 2 71

Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).

Indicator Unit 2018 2019 2020 2021 2022 Report Pages
Sponsorship & donations US$'000 84 85 39 365 312 71
Voyages completed 1750+ 2

Resources contributed (e.g. money or time) to the focus area.

Indicator Unit 2022 Report Pages
Revenue US$ million, USD million 3282 2, 67

The types of emissions and respective emissions data.

Standard Indicator Unit 2018 2020 2021 2022
NOâ‚“ Emission Intensity (By Logistics) grams NOx per tonne-mile 0.26 0.24 0.24 0.23
PM Emission Intensity (By Logistics) grams PM per tonne-mile 0.019 0.013 0.012 0.012
SOâ‚“ Emission Intensity (By Logistics) grams SOx per tonne-mile 0.139 0.028 0.026 0.026

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 2022
Direct GHG Emissions (Scope 1) metric tonnes CO2e 3093000
Indirect Energy Emissions (Scope 2) metric tonnes CO2e 343
Scope 3 GHG Emissions (Business Travel) metric tonnes CO2e 9901
Scope 3 GHG Emissions (Fuel and Energy-related Activities (Not Included in Scope 1 or Scope 2)) metric tonnes CO2e 696150
Total GHG Emissions metric tonnes CO2e 4251240
Total Other Indirect Energy Emissions (Scope 3) metric tonnes CO2e 1148252

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2022
Hazardous Waste Incineration m3/month/ship 1.27

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2022
Non-Hazardous Waste (Electronic Waste) # 16
Non-Hazardous Waste Recycled kg 742

Description of emissions target(s) set and steps taken to achieve them.

Standard Indicator Unit 2022
Percentage of Reduction in GHG Intensity Compared to Last Year % -4

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 2022
Fossil Fuel Consumption metric tonnes 1117600
Total Non-Renewable Fuel Consumption metric tonnes 1117600

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2022
Water Consumption tonnes/month/ship 50.2

Total packaging material used for finished products (in tonnes) and, if applicable, with reference to per unit produced.

Standard Indicator Unit
Packaging Materials Consumed

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Standard Indicator Unit 2018 2019 2020 2021 2022
Number of Employees Aged 30-50 # 2022 2102 2107 2277 2102
Number of Employees Aged Above 50 # 272 277 312 336 336
Number of Employees Aged Below 30 # 1442 1422 1512 1752 1347
Number of Female Employees # 145 148 147 164 160
Number of Total Employees # 4136 4245 4443 4965 4273
Percentage of Employees Aged 30-50 % 48.7 51 50.6 49 51
Percentage of Employees Aged Above 50 % 6.1 6.1 7 6 6
Percentage of Employees Aged Below 30 % 34.6 33.5 34.1 35 31.5
Percentage of Female Employees % 3.5 3.5 3.3 3.3 3.7
Percentage of Full-time Employees % 99 99
Percentage of Part-time Employees % 1 1

Employee turnover rate by gender, age group and geographical region.

Standard Indicator Unit 2020 2021 2022
Turnover Rate of Employees Aged 30-50 % 10 25 19
Turnover Rate of Employees Aged Above 50 % 19 25 17
Turnover Rate of Employees Aged Below 30 % 12 23 34
Turnover Rate of Employees in Americas % 9 30
Turnover Rate of Employees in Asia % 6 12 13
Turnover Rate of Employees in Australasia % 7 33 13
Turnover Rate of Employees in Europe % 9 5 14
Turnover Rate of Employees in North America % 4 23 9
Turnover Rate of Female Employees % 6 14 12
Turnover Rate of Male Employees % 6 12 13

Number and rate of work-related fatalities occurred in each of the past three years including the reporting year.

Standard Indicator Unit 2022
Number of Fatalities as a Result of Work-related Injuries # 2
Number of Work-related Fatalities # 2

Lost days due to work injury.

Standard Indicator Unit 2022
Lost Time Injury Frequency Rate (LTIFR/LTIR) injuries per million man hours 0.29
Number of Work-related Injuries 6

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Standard Indicator Unit 2022
Percentage of Employees Trained percent 57
Percentage of Trained Female Employees percent 45
Percentage of Trained General Employees percent 59
Percentage of Trained Male Employees percent 55
Percentage of Trained Middle Management percent 55
Percentage of Trained Senior Management percent 69

The average training hours completed per employee by gender and employee category.

Standard Indicator Unit 2022
Average Training Hours (Female) hours 8
Average Training Hours (General Staff) hours 7
Average Training Hours (Male) hours 11
Average Training Hours (Middle Management) hours 12
Average Training Hours (Senior Management) hours 15

Number of suppliers by geographical region.

Standard Indicator Unit 2022
Number of Suppliers in Africa # 86
Number of Suppliers in Asia (Excluding China) # 693
Number of Suppliers in Europe # 478
Number of Total Suppliers # 1439

Number of concluded legal cases regarding corrupt practices brought against the issuer or its employees during the reporting period and the outcomes of the cases.

Standard Indicator Unit 2021 2022
Number of Confirmed Incidents of Corruption # 23 10