Contribution to Sustainable Development Goals (SDGs)

Sailing Toward Sustainability Goals

Materiality Topics Key Stakeholders Our Commitments Targets 2030 Our Efforts to 2025 SDGs
Risk and opportunities arising from climate change
  • Regulators
  • Shareholders
  • Investors
  • Communities and Society
  • To identify and assess the impact of extreme climate changes.
  • Incorporate climate change and natural disaster scenarios into our risk management framework.
  • Aligned our reporting with the TCFD framework and recommendations and incorporated climate risk into our enterprise risk management.
  • Regularly reporting on climate change-related risks and opportunities to the sustainability and risk management committee.
  • Investing in innovative technologies and modern vessels to minimize the environmental impact of the existing fleet.
13
Carbon footprint and Emissions
  • Regulators
  • Charterers
  • Shareholders
  • Investors
  • Communities and Society
  • To reduce carbon footprint and harmonize the Company’s efforts towards environmental conservation.
  • Reduce CO2 emissions per
    transport work (ton-nautical
    mile) by at least 40% by
    2030, compared to 2008 as
    the baseline year, aligning
    with the objectives set by
    the International Maritime
    Organization (IMO).
  • Become a player in new
    energy transportation
    and supply that supports
    decarbonization and carbon
    neutrality.
  • Under the terms of our
    sustainability-linked bond,
    we have set an ambitious
    target to reduce CO2
    emissions per transport
    work by 38.54% by 2034,
    using 2019 as our baseline
    year
  •  Joined the Getting to Zero Coalition, an industry group
    formed to jointly develop commercially viable zero
    emission vessels.
  • Reduced CO2 emissions per ton-nautical mile in 2025
    by approximately 50.7%, compared to 2014.
  • All vessels in the fleet are weather routed so as to save
    on fuel consumption as well as increase safety.
  • Achieved 5% savings in energy consumption and
    emissions per vessel by installing wake equalizing
    ducts on 24 vessels in the fleet.
  • Study use of B24 and B34 biofuels to reduce net
    emissions.
  • We have replaced the propellers on two ships, to
    reduce emissions.
  • Using fuel additives to improve fuel oil combustion and
    thereby reduce emissions.
  • Conducted a survey to collect initial inventory and
    emission data to establish a baseline data set for
    current employee commute behaviors.
  • Regular staff awareness programs to create
    awareness and promote low-carbon behavior and
    energy saving habits among our employees.
13
Effluents and waste
  • Regulators
  • Communities and Society
  • To protect and conserve the environment and to rank environmental considerations equally with commercial and operational factors.
  • Recycle ships in an environmentally responsible manner.
  • Reduce the fresh water received on ashore by at least 25% by 2029, compared to 2019 as the baseline year.
  • Reduce the food waste intensity on board by 15% by 2029, compared to 2020 as the baseline year.
  • Maintain zero oil spills.
  • While no vessels were recycled during the period, all vessels have been audited by recognized organizations and issued an “Inventory of Hazardous Materials” certificate, thus ensuring that if and when any of the vessels are recycled, they are done so in an environmentally safe and sustainable manner.
  • Reduced water sourced from onshore in 2025 by 29.60% compared to 2019.
  • Strategic partnership with local vendors with the objective of gathering and recycling waste papers.
13 14
Cybersecurity
  • Customers
  • Employees
  • Creditors/financial institutions
  • To protect our information systems and data assets by implementing robust security measures, fostering a culture of cybersecurity awareness, and ensuring compliance with relevant standards and regulations.
  • Strengthen adaptability to effectively respond to and manage emerging threats ( Cyber Resilience).
  • Zero cyber threat incidents.
  • Zero incidents or complaints regarding data security breaches.
  • 100% of employees receive comprehensive cybersecurity awareness training.
16
Anti-Corruption
  • Employees
  • Charterers
  • Suppliers
  • Regulators
  • To conduct business ethically with a zero-tolerance approach to bribery and corruption.
  • Maintain zero incidents of corruption.
  • Provided training sessions for all employees.
  • Communicated our anti-corruption policy and practices to employees, suppliers, financial institutions and other stakeholders.
  • Training on business ethics and anti-corruption was conducted for all employees of the group by Collective Action against Corruption, an initiative led by the Thai private sector.
  • There were no unethical cases reported in 2025.
16
Economic Performance
  • Shareholders
  • Employees
  • Investors
  • To create, preserve and enhance long-term value for our shareholders.
  • To be good stewards of Capital
  • Build long-term value through sustainability.
  • Control operational cost.
  • Focus on customer needs and on exceeding their expectations.
  • Yearly evaluation of operational performance and efficiency.
  • Invested in new technologies and modern vessels to improve operational efficiency.
  • Conducted trials on a range of energy-saving devices and technologies in order to enhance the efficiency of our current fleet.
  • Achieved lower Opex than the industry average.
Training & Educations
  • Employees
  • Communities and Society
  • To reinforce positive attitudes towards health & safety and to amplify the competence and skills of our employees by conducting a range of in-house training and development programs for employees across the organization.
  • Regularly update or develop an internal training program for all crew members.
  • Focus exercises designed to improve navigational skills and awareness by putting officers through various weather, sea, and port conditions.
  •  A total of 1,809 sea going officers and crew members
    attended a variety of courses and training programs
    which were conducted online and at our training
    center.
  • Provided academic and need based scholarships to
    a total of 27 school and college students within the
    community.
  • Funded a total of 17 scholarships and internships
    for students within the maritime and transportation
    industries.
  • Donated 1m Baht to Mechai Pattana School in
    Buriram’s Lamplanat province, reflecting our belief in
    the transformative power of education for children and
    communities alike.
.4
Occupation Health & Safety
  • Employees
  • To conduct business with the highest standards of safety, occupational, and health conditions.
  • Achieve zero work-related fatalities.
  • Stabilize the lost-time injury rate at below 0.30 (per 1 million hours worked)
  • Ensured a safe and healthy work environment through various anti-pandemic measures.
  • Implementation of remote working to ensure the safety and well-being of employees during the pandemic.
  • Conducted annual fire drill and evacuation training to prioritize the safety of employees and empower our team with critical fire knowledge for a safer workplace
3
Diversity and Equal Opportunity
  • Employees
  • Regulators
  • To be a fair and caring employer offering its staff equitable opportunities to develop and grow.
  • Promote a diverse workforce with an inclusive culture
  • Established a Diversity and Inclusion Policy.
  • Conducted a gender equality training and awareness program for our employees.
  • Granted scholarship to one female cadet.
5
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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