Materiality Assessment

The Company conducted a Materiality assessment and selected 9 topics for each sustainability-related category to focus upon.

The Materiality Assessment was conducted using a four-step process in alignment with the principles of the GRI standards and UN SDGs:

    1. Identification of relevant topics: by evaluation of the boundaries (where the impact of each issue occurred); the impact of each issue was determined both inside and outside the Company, and by the business unit utilizing GRI indicators.
    2. Prioritization of topics against stakeholder and Company influence and impact: by considering each topic; issues deemed significant to the organization and deemed significant to the stakeholders, and those issues and topics which reflected significant economic, environmental, and social impact.
    3. Validation of prioritization and identification through review and evaluation; validated through internal representatives of the business units with feedback from the Senior Management.
    4. Review of context on an annual basis; by incorporating stakeholder feedback from outside stakeholders received through multiple channels, such as Opportunity Day/Investor meetings, the Company website, Regulatory Authorities, and press coverage of the Company.
This is us

Precious Shipping Public Company Limited is a ship-owner providing global dry-bulk transportation services. The Company operates predominantly in the tramp freight market where its vessels are employed on a time charter as well as on a voyage charter basis.

Find Us at

Precious Shipping PCL
No. 8, North Sathorn Road,
G, 7th, 8th, and 9th floors,
Silom, Bangrak,
Bangkok 10500 Thailand

 

Contact
Tel: +66-2-6968800
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