Sustainability Report 2023

Company: PACIFIC BASIN (2343)
Year: 2023
Published: 2024-03-14
Status: Processed
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Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2019 2023 Report Pages
Cargo volume carried million tonnes 85 2, 80
NOx intensity Grams NOx per tonne-mile 0.23 0.21 29
Nitrogen Oxides (NOₓ) emissions from owned fleet grams NOₓ per tonne-mile 0.21 80
Number of owned ships with AER rating A 36 26
Number of owned ships with AER rating B 35 26
Number of owned ships with AER rating C 33 26
Number of owned ships with AER rating D 9 26
Number of owned ships with AER rating E 1 26
Oil Pollution Incidents #, incident 1 31, 81
PM intensity Grams PM per tonne-mile 0.012 0.011 29
Particulate Matter (PM) emissions from owned fleet grams-PM per tonne-mile 0.011 80
Refilled Refrigerant – R134a consumption from owned fleet kg 10 81
Refilled Refrigerant – R404a consumption from owned fleet kg 1632 81
Refilled Refrigerant – R407c consumption from owned fleet kg 352 81
SOx intensity Grams SOx per tonne-mile 0.026 0.022 29
Sulphur Oxides (SOₓ) emissions from owned fleet grams SOₓ per tonne-mile 0.022 80

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 2023 Report Pages
AER CO₂ index for chartered fleet grams CO₂ per DWT-mile 5.28 80
AER CO₂ index for owned fleet grams CO₂ per DWT-mile 5.37 80
AER carbon intensity grams CO2 per tonne-mile 5.37 26
Carbon Intensity (EEOI) grams CO2 per tonne-mile 8.49 26
Carbon Intensity (EEOI) of owned fleet grams CO2 per tonne-mile 8.49 2
Direct CO₂ emissions from chartered fleet metric tonnes 2169000 80
Direct CO₂ emissions from owned fleet metric tonnes 1466000 80
EEOI CO₂ index for chartered fleet grams CO₂ per tonne-mile 8.27 80
EEOI CO₂ index for owned fleet grams CO₂ per tonne-mile 8.49 80
Fleet GHG emissions from vessel operations thousand tonnes CO2 equivalent 3688 2
Reduction in carbon intensity (EEOI) 12% 2
Scope 1 direct emissions from chartered fleet metric tonnes CO2e 1850000 81
Scope 1 direct emissions from owned fleet metric tonnes CO2e 1020000 81
Scope 2 emissions from purchased electricity metric tonnes CO2e 346 81
Scope 3 GHG emissions – Business travel tCO2e 8164 78
Scope 3 GHG emissions – Downstream leased assets (owned ships on outward period and trip time-charter) tCO2e 473000 78
Scope 3 GHG emissions – Employee commuting tCO2e 158 78
Scope 3 GHG emissions – Fuel- and energy-related activities (well-to-tank emissions of purchased fuel) tCO2e 645100 78
Scope 3 GHG emissions – Purchased goods and services (currently only paints; later also lubricating oil and dry-dock activity) tCO2e 5965 78
Scope 3 GHG emissions – Upstream leased assets (third-party ships chartered in and out) tCO2e 345000 78
Scope 3 indirect emissions from PB crew travel metric tonnes CO2e 5605 81
Scope 3 indirect emissions from chartered in/out fleet metric tonnes CO2e 345000 81
Scope 3 indirect emissions from onshore activities metric tonnes CO2e 2728 81
Scope 3 indirect emissions from owned fleet TC out metric tonnes CO2e 473000 81
Scope 3 indirect emissions from purchased fuel & paints metric tonnes CO2e 651065 81
Total GHG emissions metric tonnes CO2e 4347744 81

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

Indicator Unit 2023 Report Pages
Sludge incinerated from owned fleet m³/month/ship 1.34 81

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

Indicator Unit 2023 Report Pages
Garbage Landed m³ per month per ship 1.86 31
Garbage landed from owned fleet m³/month/ship 1.86 81
Marine Paint consumption from owned fleet litre 1038592 81
Recycling – Hong Kong office – Paper kg 1348 81
Recycling – Hong Kong office – Printer Cartridge/Toner # 32 81

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

Indicator Unit 2023 2030 2040 2050 Report Pages
CO2 intensity reduction target by 2030 compared to 2008 level, IMO GHG Strategy 40% 18
Carbon Intensity (EEOI) reduction 12% 26
Carbon Intensity (EEOI) target grams CO2 per tonne-mile 6.7 26
Net-zero emissions target year, IMO GHG Strategy net-zero 18
Total GHG emissions reduction target by 2030 compared to 2008 level, IMO GHG Strategy 20–30% 18
Total GHG emissions reduction target by 2040 compared to 2008 level, IMO GHG Strategy 70–80% 18

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 2023 2030 Report Pages
Chartered ships operated (2023 average) # ships 155 80
Fuel Consumed by Chartered Fleet metric tonnes 687100 80
Fuel Consumed by Owned Fleet metric tonnes 468100 80
Fuel Intensity (000’ mt/ship) for owned fleet 000’ mt/ship 3.96 80
Fuel Intensity (kg/dwt) for owned fleet kg/dwt 89.8 80
Fuel consumed thousand tonnes 1155 2
Grease consumption from owned fleet kg 39438 81
Heavy fuel oil (in conjunction with scrubbers since 2020) consumed by owned fleet metric tonnes 132100 80
Heavy fuel oil consumed by chartered fleet metric tonnes 59600 80
Low sulphur fuel oil consumed by chartered fleet metric tonnes 570400 80
Low sulphur fuel oil consumed by owned fleet metric tonnes 284300 80
Low sulphur marine gas oil consumed by chartered fleet metric tonnes 57500 80
Low sulphur marine gas oil consumed by owned fleet metric tonnes 51700 80
Marine Lubricant Oil consumption from owned fleet litre 5777617 81
Number of ships in operation 273 2
Owned ships operated (2023 average) # ships 118 80
Target share of energy use from zero GHG emissions technologies and fuels by 2030, IMO GHG Strategy 5–10% 18

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

Indicator Unit 2023 Report Pages
Fresh Water Sourced from Ashore tonnes per month per ship 46.4 31
Fresh water consumption from owned fleet tonnes/month/ship 46.4 81

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

Indicator Unit 2023 Report Pages
AER (Annual Efficiency Ratio) of owned fleet 5.37 2

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

Indicator Unit 2023 Report Pages
Pollution incidents (non-MARPOL violation) 1 2
Total number of owned ships 114 26

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

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Active crew (PB seafarer numbers) 5100 2
Full-time shore staff % 99 83
Non-full-time shore staff % 1 83
Officer cadets per ship 1.5 1 1.3 1.9 2 82
Seafarer man hours million man hours 20.9 2
Seafarers by age: 20-29 years old % 26 83
Seafarers by age: 30-39 years old % 38 83
Seafarers by age: 40-49 years old % 24 83
Seafarers by age: >50 years old % 12 83
Seafarers by nationality: Chinese % 22 83
Seafarers by nationality: Europe % 6 83
Seafarers by nationality: Filipino % 57 83
Seafarers by nationality: Indian & others % 18 83
Seafarers headcount # 5100 83
Shore staff by age: 20-29 years old % 15 83
Shore staff by age: 30-39 years old % 28 83
Shore staff by age: 40-49 years old % 28 83
Shore staff by age: 50-59 years old % 24 83
Shore staff by age: >60 years old % 5 83
Shore staff by function: Chartering & Operations % 39 83
Shore staff by function: Communications, Finance & Governance % 12 83
Shore staff by function: Strategic, HR, Admin, IT, Insurance, Legal, etc % 15 83
Shore staff by function: Technical & Crewing % 34 83
Shore staff by region: Africa % 1 83
Shore staff by region: Asia % 74 83
Shore staff by region: Australasia % 4 83
Shore staff by region: Europe % 11 83
Shore staff by region: N. America % 6 83
Shore staff by region: S. America % 4 83
Shore staff nationalities # 33 83
Shore-based staff headcount # staff 389 83
Staff nationalities (shore staff & seafarers) 34 2
Tonne-miles work done million tonnes-miles 172770 2
Women in general staff % 65 52, 83
Women in middle management % 24 52, 83
Women in senior management % 19 52, 83
Women in workforce % 42 83
Women in workforce ashore 42% 2
Women on our Board 25% 2
Women on our board % 33 52, 83
Women on our ships 52 2

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

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Crew Retention 95% 2
Officer retention % 94 83
Overall crew retention % 95 83
Shore staff retention % 90 94 88 88 89 52, 84
Shore staff turnover by age - 20-29 years old % 12 23 34 13 84
Shore staff turnover by age - 30-39 years old % 7 17 9 11 84
Shore staff turnover by age - 40-49 years old % 3 8 10 6 84
Shore staff turnover by age - 50-59 years old % 1 6 7 8 84
Shore staff turnover by age - >60 years old % 18 19 10 35 84
Shore staff turnover by gender - Men % 6 12 13 8 84
Shore staff turnover by gender - Women % 6 14 12 13 84
Shore staff turnover by region - Asia % 6 12 13 12 84
Shore staff turnover by region - Australasia % 7 33 13 13 84
Shore staff turnover by region - Europe % 9 5 14 5 84
Shore staff turnover by region - N. America % 4 23 9 13 84
Shore staff turnover by region - S. America % 9 30 84
Shore staff under share award scheme % 28 28 26 26 24 84

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

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Crew fatalities 2 2 2 2* 82
Crew fatalities on ships crew members 2 8
Navigational accidents 5 2 2 3 2* 82
Total Recordable Case Frequency (TRCF) injuries per million man hours 0.58 1.05 45
Total recordable injury case frequency (TRCF) per mil man hrs 1.56 1.11 0.55 0.58 1.05 82

Lost days due to work injury.

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Lost Time Injury Frequency (LTIF) injuries per million man hours 0.29 0.67 45
Lost time injury frequency (LTIF) per mil man hrs 0.71 0.6 0.25 0.29 0.67 82
Lost-time injuries 14 2
Lost-time injuries on ships cases 14 8
Lost-time injury (LTI) rate per million man hours 0.67 8

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

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Cases of harassment and bullying 2 2 82
Deficiencies per PSC inspection 0.74 0.69 0.6 0.93 0.79 82
External Inspection Deficiency Rate deficiencies per inspection 0.93 0.79 45
Near-miss, unsafe acts and unsafe condition reports 587 422 1264 1700 1722 82
Ships per safety/training manager 8 11 11 11 9 82

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

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Employees enjoying working at Pacific Basin % 88 52
Overall engagement score % 82 52
Seafarer/officer training webinars and seminars 5 7 11 49 82
Shore staff receiving external training % 45 50 47 57 40 82
Shore staff trained by employee category - General staff % 59 25 82
Shore staff trained by employee category - Middle management % 55 82
Shore staff trained by employee category - Senior management % 69 69 82
Shore staff trained by function - Chartering & Operations % 45 45 34 37 53 82
Shore staff trained by function - Communications, Finance & Governance % 11 20 12 11 12 82
Shore staff trained by function - Strategic, HR, Admin, IT, Insurance, Legal, etc % 10 12 9 12 15 82
Shore staff trained by function - Technical & Crewing % 34 23 45 40 20 82
Shore staff trained by gender - Men % 67 58 60 55 66 82
Shore staff trained by gender - Women % 33 42 40 45 34 82

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

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Average training hours per onshore employee hours 9 7 12 10 9 82
Shore staff average training hours by employee category - General staff hours 7 2 82
Shore staff average training hours by employee category - Middle management hours 12 82
Shore staff average training hours by employee category - Senior management hours 15 20 82
Shore staff average training hours by function - Chartering & Operations hours 14 12 8 11 13 82
Shore staff average training hours by function - Communications, Finance & Governance hours 7 7 9 12 9 82
Shore staff average training hours by function - Strategic, HR, Admin, IT, Insurance, Legal, etc hours 7 6 9 9 10 82
Shore staff average training hours by function - Technical & Crewing hours 6 3 18 8 3 82
Shore staff average training hours by gender - Men hours 11 10 18 11 25 82
Shore staff average training hours by gender - Women hours 7 4 4 8 14 82

Number of suppliers by geographical region.

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Approved suppliers 620 985 1249 1411 1389 84
Bunker suppliers 14 15 25 28 28 84
Number of bunker suppliers (total) 28 77
Number of major bunker suppliers 15 77
Number of other suppliers (total) 1389 77
Number of ships owned 118 2
Number of smaller bunker suppliers for spot bunkering 20 77
Number of suppliers in Africa 69 77
Number of suppliers in Asia 712 77
Number of suppliers in Central America 36 77
Number of suppliers in Europe 234 77
Number of suppliers in Middle East 129 77
Number of suppliers in North America 285 77
Number of suppliers in Oceania 50 77
Number of suppliers in South America 130 77
Number of suppliers in The Caribbean 8 77
Percentage of annual fuel needs sourced from single bunker supplier over 93% 77
Total number of suppliers (excluding providers of ships we charter) 1417 77

Description of quality assurance process and recall procedures.

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Zero deficiency rate in PSC inspections % 73 81 77 74 72 82

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 2023 Report Pages
Number of facilitation payments incidents 23 10 7 84
Total value of incidents of facilitation payments under duress US$ 34000 20000 7340 84

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

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Audit Committee meetings 4 4 4 4 4 84
Sustainability Management Committee meetings 3 3 2 2 84

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

Indicator Unit 2019 2020 2021 2022 2023 Report Pages
Sponsorship & donations US$'000 85 39 365 312 204 84
Voyages completed 2180 2

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

Indicator Unit 2023 Report Pages
Revenue US$ million, USD million 2297 2, 80

The types of emissions and respective emissions data.

Standard Indicator Unit 2023
NOₓ Emission Intensity (By Logistics) grams NOₓ per tonne-mile 0.21
PM Emission Intensity (By Logistics) grams PM per tonne-mile 0.011
SOₓ Emission Intensity (By Logistics) grams SOₓ per tonne-mile 0.022

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 2023
Direct GHG Emissions (Scope 1) metric tonnes CO2e 2870000
GHG Emissions from Purchased Electricity metric tonnes CO2e 346
Indirect Energy Emissions (Scope 2) metric tonnes CO2e 346
Scope 3 GHG Emissions (Business Travel) metric tonnes CO2e 8164
Scope 3 GHG Emissions (Downstream Leased Assets) metric tonnes CO2e 473000
Scope 3 GHG Emissions (Employee Commuting) metric tonnes CO2e 158
Scope 3 GHG Emissions (Fuel and Energy-related Activities (Not Included in Scope 1 or Scope 2)) metric tonnes CO2e 645100
Scope 3 GHG Emissions (Purchased Goods/Services) metric tonnes CO2e 5965
Scope 3 GHG Emissions (Upstream Leased Assets) metric tonnes CO2e 345000
Total GHG Emissions metric tonnes CO2e 4347744
Total Other Indirect Energy Emissions (Scope 3) metric tonnes CO2e 1120992

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

Standard Indicator Unit 2023
Hazardous Waste Incineration m³/month/ship 1.34

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

Standard Indicator Unit 2023
Non-Hazardous Waste (Office Waste) kg 1348
Non-Hazardous Waste Recycled kg 1348
Paper Waste kg 1348

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

Standard Indicator Unit 2023 2030 2040
Percentage of Reduction in GHG Intensity Compared to Last Year % 12
Target GHG Emissions Reduction Percentage by 2030 Compared to 2008 % 40
Target GHG Emissions Reduction Percentage by 2030 Compared to 2018 % 40
Target GHG Emissions Reduction Percentage by 2040 Compared to 2008 % 80

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 2023
Fossil Fuel Consumption thousand tonnes 1155
Heating Oil Consumption metric tonnes 570400
Total Non-Renewable Fuel Consumption thousand tonnes 687100

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

Standard Indicator Unit 2023
Total Water Withdrawal tonnes/month/ship 46.4
Water Consumption tonnes/month/ship 46.4

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

Standard Indicator Unit 2023
Number of Employees Aged 30-50 # 3417
Number of Employees Aged Above 50 # 730
Number of Employees Aged Below 30 # 1342
Number of Female Employees # 2305
Number of Full-time Employees # 5424
Number of Male Employees # 3184
Number of Part-time Employees # 65
Number of Total Employees # 5489
Percentage of Employees Aged 30-50 % 66
Percentage of Employees Aged Above 50 % 13
Percentage of Employees Aged Below 30 % 24
Percentage of Employees in Americas % 10
Percentage of Employees in Asia % 74
Percentage of Employees in Australia % 4
Percentage of Employees in Europe % 11
Percentage of Employees in North America % 6
Percentage of Female Employees % 42
Percentage of Full-time Employees % 99
Percentage of General Employees % 65
Percentage of Male Employees % 58
Percentage of Middle Management Employees % 24
Percentage of Part-time Employees % 1
Percentage of Senior Management Employees % 19

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

Standard Indicator Unit 2020 2021 2022 2023
Turnover Rate of Employees Aged 30-50 % 10 25 19 17
Turnover Rate of Employees Aged Above 50 % 19 25 17 43
Turnover Rate of Employees Aged Below 30 % 12 23 34 13
Turnover Rate of Employees in Asia % 6 12 13 12
Turnover Rate of Employees in Australia % 7 33 13 13
Turnover Rate of Employees in Europe % 9 5 14 5
Turnover Rate of Employees in North America % 4 23 9 13
Turnover Rate of Employees in South America % 9 30
Turnover Rate of Female Employees % 6 14 12 13
Turnover Rate of Male Employees % 6 12 13 8

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

Standard Indicator Unit 2019 2020 2022 2023
Number of Work-related Fatalities 2 2 2 2

Lost days due to work injury.

Standard Indicator Unit 2019 2020 2021 2022 2023
Lost Time Injury Frequency Rate (LTIFR/LTIR) per million man hours 0.71 0.6 0.25 0.29 0.67
Number of Work-related Injuries cases 14

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

Standard Indicator Unit 2019 2020 2021 2022 2023
Percentage of Trained Administrative Employees % 11 20 12 11 12
Percentage of Trained Female Employees % 33 42 40 45 34
Percentage of Trained General Employees % 45 50 47 59 25
Percentage of Trained Male Employees % 67 58 60 55 66
Percentage of Trained Middle Management % 55
Percentage of Trained Operational Employees % 45 45 34 37 53
Percentage of Trained Senior Management % 69 69 69
Percentage of Trained Technical Employees % 34 23 45 40 20

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

Standard Indicator Unit 2019 2020 2021 2022 2023
Average Training Hours (Female) hours 7 4 4 8 14
Average Training Hours (General Staff) hours 7 2
Average Training Hours (Male) hours 11 10 18 11 25
Average Training Hours (Middle Management) hours 12
Average Training Hours (Senior Management) hours 15 20
Average Training Hours per Employee hours 9 7 12 10 9

Number of suppliers by geographical region.

Standard Indicator Unit 2019 2020 2021 2022 2023
Number of Suppliers in Africa 69
Number of Suppliers in Asia (Excluding China) 712
Number of Suppliers in Europe 234
Number of Total Suppliers 620 985 1249 1411 1417

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 2023
Number of Confirmed Incidents of Corruption 23 10 7