Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability (Economic, Social, and Environmental)
• Health and Safety
• Environmental Pollution Prevention

Environmental Achievements

• Ships operate with several International Maritime Organization certificates related to environmental pollution prevention.

Social Achievements

• Rp55.63 million in aid provided to Panti Sosial Bina Grahita Belaian Kasih and Panti Asuhan Yayasan Abhimata Mitrasamaya.
• Provided health insurance facilities beyond government-mandated BPJS Kesehatan.
• Provided antigen self-testing facilities for employees.

Governance Achievements

• Established Audit Committee and Nomination and Remuneration Committee.
• Held an Extraordinary General Meeting of Shareholders (RUPSLB).
• Implemented an Employee Stock Allocation (ESA) program.

Climate Goals & Targets

Environmental Challenges

• High ship prices hindering business expansion.
• Global economic slowdown.
• Intense competition in the shipping and transportation sector.

Mitigation Strategies

• Initial Public Offering (IPO) to secure funding for expansion.
• Competitive pricing and service improvements.
• Long-term contracts with customers.
• Continuous operational excellence.
• Fleet expansion and route diversification (including international routes).

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Economic
• Environmental
• Social

Environmental Achievements

• Routine ship maintenance to improve fuel efficiency and reduce emissions

Social Achievements

• Implementation of Corporate Social Responsibility (CSR) programs and use of local labor and suppliers from MSMEs
• Increased employee count by 33.9% (from 124 to 166) due to business expansion and fleet addition.

Governance Achievements

• Strengthened corporate governance system by following regulator standards and optimizing GCG principles.
• Implementation of Good Corporate Governance (GCG) principles across all business lines.
• Increased transparency of information to shareholders through GMS forums and publication of an Integrated Annual Report.

Climate Goals & Targets

Environmental Challenges

• Business competition
• Risk of termination of employment, tariff reduction, and non-renewal of contracts
• Risk of the Company’s inability to fulfill its contractual obligations
• Risk of maritime loss and/or accidents
• Risk of damage to the Company’s vessels
• Risk of losing human resources
• Risk of changes in domestic and global economic, social, and political conditions affecting service demand
• Risk of changes in government policies in national shipping and supporting services

Mitigation Strategies

• Offering competitive service prices, innovation, service improvements, bundling services, and a sustainable ecosystem.
• Long-term contracts with customers, attractive integrated maritime services, and regular communication with customers.
• Cooperation with reputable customers and suppliers, adherence to contractual obligations, and continuous improvement of SOPs.
• Safety certifications, insurance policies (Hull and Machinery, Protection and Indemnity), and employee health insurance.
• Routine docking of vessels, periodic fleet rejuvenation, and maintenance by PT Habco Primatama.
• Recruitment strategies, employee engagement, training, bonuses, and adequate compensation.
• Market analysis and appropriate decision-making, periodic checks on customer and supplier relationships, and avoidance of direct political involvement.
• Good Corporate Governance, a competent legal team, and continuous monitoring of government regulations.

Supply Chain Management

Responsible Procurement

• Use of local labor and suppliers from MSMEs

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GCG (Good Corporate Governance)

Certifications: International Ship Security Certificate, Cargo Ship Safety Construction Certificate, Cargo Ship Safety Equipment Certificate, Cargo Ship Safety Radio Certificate

Third-party Assurance: KAP Gideon Adi dan Rekan