Climate Change Data

Pacific International Lines (Pte) Ltd

Climate Impact & Sustainability Data (2021, 2023)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Environmental protection
  • Social contributions
  • Governance best practices

Environmental Achievements

  • Achieved Environmental Management System certification to ISO 14001:2015 standards for fleet management and operations.
  • Attained ESI Certification for vessels plying ESI ports.
  • Bulbous bow optimization, anti-fouling paint, and propeller boss cap fins implemented for better fuel efficiency.
  • Cold ironing (AMP) utilized to reduce emissions while berthed.
  • Predictive maintenance program for turbochargers to reduce downtime and emissions.
  • Ordered eight new container vessels with dual-fuel engines capable of running on LNG or low-sulfur fuel oil (delivery from 2H 2024).

Social Achievements

  • Recorded zero work-related fatalities and a lost-time injury frequency rate of 0.84 incidents per million man-hours in 2021.
  • Implemented various employee welfare initiatives, including extended service bonuses, improved PPE, and access to tele-medical services.
  • Conducted 73 training programs totaling 7,880 man-hours (excluding on-the-job training), averaging 28.7 hours per Singapore-based employee.
  • Successfully conducted multiple search and rescue operations at sea.

Governance Achievements

  • Formalized a company-wide sustainability framework in October 2021.
  • Implemented an Anti-bribery and Corruption Policy and a Competition Compliance Policy.
  • Established an Enterprise Risk Management Framework.
  • Implemented a whistleblowing policy.

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero carbon emissions by 2050.
Medium-term Goals:
  • Achieve net zero carbon emissions by 2050.
Short-term Goals:
  • Full implementation of the Global Finance System across all global operations (by 2022).

Environmental Challenges

  • Reducing carbon emissions from fleet operations.
  • Maintaining high safety standards across global operations.
  • Managing risks associated with global operations and compliance with various regulations.
  • Ensuring ethical business conduct across all operations.
Mitigation Strategies
  • Decarbonisation strategy for fleet, including adoption of eco-efficient technologies and alternative fuels.
  • Ongoing safety campaigns and enhanced training programs.
  • Enterprise Risk Management Framework and risk assessment processes.
  • Anti-bribery and corruption policy, competition compliance policy, and whistleblowing policy.

Supply Chain Management

Responsible Procurement
  • Sustainable Procurement Working Group established.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI (planned for future reports)

Certifications: ISO 14001:2015 (fleet management and operations), Environmental Ship Index (ESI)

UN Sustainable Development Goals

  • Unspecified - 8 UN SDGs identified as targets

Awards & Recognition

  • Long Beach Green Flag Environment Award (2020)
  • MaritimeSG Care Commendation Award (2021)
  • MPA International Safety @ Sea Award (2021)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:3,560,249 tCO2e/year
Scope 1 Emissions:2,880,549 tCO2e/year
Scope 2 Emissions:23,449 tCO2e/year
Scope 3 Emissions:656,251 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:36,703,358,178 MJ/year (or 47,156 MWh/year)
Water Consumption:Not disclosed
Waste Generated:4,239 m3/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Human Capital
  • Governance

Environmental Achievements

  • Conducted first GHG inventory calculation with assurance for Scope 1 and 2 emissions.
  • Began construction of LNG dual-fuel vessels; to be delivered progressively across 2024 and 2025.
  • Carried out B24 biofuel trial with PSA Singapore.
  • Conducted climate risk assessment per TCFD guidelines.
  • Zero significant oil spills.
  • Zero containers lost at sea (2 containers reported lost)

Social Achievements

  • Refreshed Purpose and Values as part of new Culture Playbook.
  • Launched inaugural Supplier Code of Conduct.
  • Establishment of an integrated compliance programme.
  • Set up PIL Academy to support learning and development.
  • Revised Pillars of People Excellence strategy.
  • Conducted first Employee Engagement Survey in headquarters.
  • Established fund for global community uplifting and social initiatives.
  • Improved LTIF from 0.89 to 0.71 for sea operations.
  • Established mental health support helpline in headquarters.
  • CEO Lars was awarded Medal of Commendation for contribution to seafarers’ welfare.

Governance Achievements

  • Establishment of an integrated compliance programme covering anti-bribery and corruption, sanctions compliance, competition compliance and data protection.
  • Implementation of TCFD recommendations.

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero GHG emissions by 2050.
Medium-term Goals:
  • Reduce GHG emissions by 70% compared to 2010 baseline by 2040.
  • Achieve at least 95% endorsement of Supplier Code of Conduct by new suppliers and renewals by 2025.
  • Extend annual employee survey to at least 5 more countries by 2025.
Short-term Goals:
  • Achieve at least 95% of managers and seafarer officers trained on labour and human rights by 2025.
  • Reduce GHG emissions by 20% compared to 2010 baseline by 2030.
  • Expand Employee Assistance Programme (EAP) to all locations by 2025.

Environmental Challenges

  • Global economic slowdown
  • Geopolitical uncertainties
  • Extreme weather events
  • Lack of availability or increased cost of raw and sustainable materials
  • General increase in fuel costs, port charges and operational costs due to market uncertainty, price volatility and limited supply of alternative fuels and other sustainable materials.
  • Failure to deliver on the net zero target
  • Extreme weather events such as heavy rains, typhoons, storms and floods
  • Compliance with increasing regulations relating to the shipping industry
  • Investment in wrong or unsuitable technology in transition to a low-carbon economy
Mitigation Strategies
  • Investing in greener technologies, fuels and operational efficiencies.
  • Investing in LNG dual-fuel container vessels.
  • Partnerships with PSA Singapore and DP World for Green Shipping Corridor trials.
  • Adopting the revised IMO GHG Strategy 2023.
  • Implementing energy efficiency technologies (EETs).
  • Optimising vessel operations through Centre for Maritime Efficiency (CME).
  • Implementing TCFD recommendations and aligning with IFRS S2 standard by 2025.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sustainable Procurement Policy
  • Supplier Code of Conduct
  • Due diligence screening of potential suppliers
  • Minimum standards in contracts and service level agreements

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Lack of availability or increased cost of raw and sustainable materials
  • General increase in fuel costs, port charges and operational costs
  • Compliance with increasing regulations
  • Investment in wrong or unsuitable technology
Opportunities
  • Increased operational efficiency
  • Shift to low-carbon fuels
  • Green service offerings
  • Green financing

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, TCFD

Certifications: ISO 14001:2015 (fleet and operations), ESI Certification (vessels plying ESI ports)

Third-party Assurance: LRQA Limited

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • May Day Awards 2024
  • Medal of Commendation from Singapore’s NTUC
  • MPA International Safety @ Sea Awards 2023
  • ShipTek International Maritime Awards 2023
  • Various awards for service excellence