We are a substantial shipping business that draws on and impacts the resources and relationships we rely on to create and protect value. These are called our "Capitals".
As a large player in our sector with an ambitious vision for the future, we recognise our responsibilities to these Capitals which have a bearing on the long-term sustainability of our business.
We believe that many of the responsible actions we take – our commitment to Corporate Social Responsibility (CSR) – also make us competitively stronger and 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 CSR is therefore rooted in our culture and, governed by our policies and systems, integrated into our daily business behaviour and operating practices.
Our CSR initiatives are guided by broad strategic objectives that relate to:
- workplace and operating practices (Human Capital)
- environmental stewardship (Natural Capital)
- community engagement (Social & Relationship Capital)
These responsibilities are core to our culture, strategy and long-term vision, and it is our spirit and culture that turn sustainability efforts into reality and make a difference both within and outside of our organisation.
"Our CSR initiatives enhance safety and workplace fulfilment,
minimise our operations' environmental impact, and enrich
engagement with the communities in which we operate."
Healthy working conditions, a strong safety culture, opportunities to advance and responsible business practices are the foundations of how Pacific Basin operates.
Propelling vessels across oceans requires a number of resources or inputs, the consumption of which results in outputs that impact the environment.
nautical miles travelled
tonnes of heavy fuel oil purchased
We are responsible members of the communities where our ships call and where our employees live and work. We are engaged members of our industry.
ports of call across 97 countries
office locations worldwide
ships per Safety and Training Manager
shore staff received external training
grams of CO2 per tonne-mile
tonnes of CO2 emitted
by our owned ships
efficient newbuilding ships still to join our fleet
charitable donations and sponsorship – mainly for seafarer welfare causes
"Your crew are professional, experienced and always willing to lend a hand."
Message of appreciation from one of many ports where our ships trade
We strive to create a culture of safety, innovation and teamwork across our fleet and business enabling our employees to thrive and make a difference.
Our sustainability initiatives seek to reduce our most material outputs and impacts on the atmosphere and marine environment; we also seek to reduce waste by minimising what we consume both at sea and ashore.
We advocate and engage with organisations and other stakeholders that are involved in or connected with the business of shipping and the places where we operate; we follow applicable laws and responsible business practices.