Regional Container Lines Public Company Limited
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- All vessels used compliant fuel (Sulphur content less than 0.50% m/m).
- Nine vessels outfitted with exhaust gas cleaning systems (scrubbers).
- Twelve ships installed with Ballast Water Treatment Systems (BWTS).
Social Achievements
- Donated Baht 2,000,000 to the Chaipattana Foundation.
- Donated medical appliances for COVID-19 prevention to various organizations.
- RCL Agencies (India) Pvt. Ltd. partnered with the Blind People’s Association (BPA) for skill development programs for women with disabilities.
- Offered scholarships through the Asian Institute of Technology (AIT).
Governance Achievements
- Reviewed and updated Corporate Governance Policy, Business Ethics, and Employee Code of Conduct.
- Established the Nomination & Remuneration and Corporate Governance Committee.
- Achieved a “very good” CGR Assessment Score (4 stars) in 2021.
Climate Goals & Targets
Environmental Challenges
- Impact of COVID-19 on global economy and supply chain.
- Shrinking SOC market.
- Supply chain disruptions (port congestion, etc.).
- Worsening US-China ties.
Mitigation Strategies
- Vigilance and decisive actions to adjust business strategies.
- Expansion of COC sector to offset SOC losses.
- Contingency plans to minimize vessel delays.
- Focus on service optimization, unit cost reduction, and cargo mix enhancement.