Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Occupational Health and Safety
• HR Quality Improvement
• Procurement Practices
• Community
• Energy Management

Environmental Achievements

• Achieved Zero Pollution in its operational activities.
• Adopted the use of Bio Diesel B30 for fleet operations.
• Implemented anti-fouling paint application for vessel painting, reducing fuel consumption and carbon emissions.
• Maintained fleet readiness and efficiency through routine maintenance, achieving a 96.66% utility rate.

Social Achievements

• Achieved Zero Accident in its operational activities.
• Provided various training programs totaling 288 hours for 22 employees and crew.
• Provided social care activities such as health check-ups and donation of consumables goods to the Balikpapan Branch Office’s neighboring community.
• Ensured compliance with minimum wage requirements and provided a 13th-month salary.

Governance Achievements

• Implemented a Whistleblowing Policy.
• Consistently applied a Safe Working Program to control occupational risks.
• Implemented a risk-based approach to prioritize high-risk areas for mitigation.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacted daily operations and required strict health protocols.
• Limited human resources and 24/7 operational needs restricted Work From Home (WFH) implementation.
• Significant losses for two consecutive years due to the suspension of oil and gas business.
• Risk of contract termination, tariff reduction, or non-renewal of WL's contract.
• Dependence on the offshore oil and gas industry and volatility of international crude oil prices.

Mitigation Strategies

• Implemented strict COVID-19 health protocols.
• Limited WFH to certain activities.
• Focused on improving the performance of the new shipping business.
• Periodic service programs to ensure fleet availability and charter fleet reserves.
• Implementation of Occupational Health and Safety (K3) culture.
• Due diligence on new customers and periodic review of customer reputation.
• Integrated procurement system with fleet operation activity.
• Exploring new business opportunities for risk diversification.

Supply Chain Management

Responsible Procurement

• Prioritizing local suppliers
• Monitoring supplier performance

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• Changes in regulations

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Core Choices 2018, POJK No.51/POJK.03/2017

Certifications: ISO 9001:2015 (PT Wasesa Line), ISO 14001:2015 (PT Wasesa Line), ISO 45001:2018 (PT Wasesa Line)

Environmental Metrics

ESG Focus Areas

• Economic Performance
• Environmental Sustainability
• Social Development
• Governance

Environmental Achievements

• Reduced water consumption by 30% from 2022.
• Reduced hazardous waste by 18.42% from 2022.
• Reduced non-hazardous waste by 10% from 2022.
• Used environmentally friendly fuel (B30 diesel) for all vessels.
• Implemented anti-fouling paint to reduce fuel consumption and carbon emissions.

Social Achievements

• Increased community CSR fund distribution by 33% to Rp223 million.
• Achieved zero fatality accidents and zero occupational illnesses.
• Average training hours per employee reached 22.58 hours.
• Employee turnover rate of 5.10%.

Governance Achievements

• Implemented a comprehensive risk management system.
• Established a whistleblowing system.
• Maintained a strong commitment to anti-corruption practices.
• Integrated sustainability principles into corporate governance.

Climate Goals & Targets

Environmental Challenges

• Consolidating sustainable practices across the value chain, including subsidiaries in diverse sectors.
• Limited resources (financial and human capital) for sustainability initiatives.
• Understanding and complying with rapidly changing and complex sustainability regulations.
• Potential termination or non-renewal of contracts by customers.

Mitigation Strategies

• Comprehensive transformation initiative to sustain agility and adaptation.
• Prioritizing integration of sustainable practices into broader business strategies.
• Building internal capabilities to achieve sustainability objectives.
• Focusing on safety, quality, collaboration, and competence building to mitigate contract risks.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• 100% of suppliers are local.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather, natural disasters

Transition Risks

• Regulatory changes

Opportunities

• Development of renewable energy projects (Wood Pellet Plant, Solar Farm).

Reporting Standards

Frameworks Used: GRI Standards, POJK No. 51/POJK.03/2017, SEOJK No. 16/SEOJK.04/2021

Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001:2015

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 7 (Affordable and Clean Energy)
• SDG 8 (Decent Work and Economic Growth)
• SDG 9 (Industry, Innovation, and Infrastructure)
• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)

The Company's initiatives contribute to these goals through responsible business practices, renewable energy exploration, local supplier engagement, employee development, and environmental protection.

Sustainable Products & Innovation

• Wood Pellet Plant (alternative renewable energy fuel).

Awards & Recognition

• Zero Accident Award (Governor of East Kalimantan, Minister of Manpower of Indonesia)
• KPU Awards 2023 as the Best Shipping Company