Pacific Basin Sustainability Profile
Pacific Basin Shipping Limited, commonly known as Pacific Basin, is a leading player in the dry bulk shipping industry, headquartered in Hong Kong. Founded in 1987, the company has established a strong presence in key operational regions, including Asia, Europe, and the Americas. Specialising in the transportation of dry bulk commodities, Pacific Basin operates a modern fleet of Handysize and Supramax vessels, renowned for their efficiency and environmental performance. The company’s commitment to sustainability and innovation sets it apart in a competitive market. With a robust market position, Pacific Basin has achieved notable milestones, including a significant expansion of its fleet and a strong focus on customer service. This dedication has solidified its reputation as a trusted partner in the global shipping sector.
DitchCarbon Score
How does Pacific Basin's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Maritime Transport industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Pacific Basin's score of 33 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pacific Basin's reported carbon emissions
In 2024, Pacific Basin, headquartered in Hong Kong, reported total carbon emissions of approximately 4,691,333,000 kg CO2e. This figure includes 932,000,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, 351,000 kg CO2e from Scope 2 emissions related to purchased electricity, and 724,471,000 kg CO2e from Scope 3 emissions, which encompass purchased goods and services. Comparatively, in 2023, the company recorded total emissions of about 4,347,744,000 kg CO2e, with Scope 1 emissions at 1,020,000,000 kg CO2e, Scope 2 emissions at 346,000 kg CO2e, and Scope 3 emissions at 651,065,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. Pacific Basin has set ambitious carbon reduction targets, aiming to reduce its Energy Efficiency Operational Indicator (EEOI) carbon intensity by 50% by 2030 compared to a 2008 baseline. This target applies to both Scope 1 and Scope 2 emissions, with an expected EEOI carbon intensity of 6.7 by 2030. The company is on track to achieve this reduction, reflecting a commitment to sustainability and climate action. The emissions data is sourced directly from Pacific Basin Shipping Limited, with no cascaded data from a parent organization. The company actively discloses its emissions across all relevant scopes, demonstrating transparency in its climate commitments.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 528,300,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | - | - | 000,000 | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 000,000 | - | - | 000,000 | 000,000 | 0,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Pacific Basin's Industry?
How Carbon Intensive is Pacific Basin's Location?
Pacific Basin's Scope 3 Categories Breakdown
Pacific Basin's Scope 3 emissions, which increased by 11% last year and increased significantly since 2014, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 44% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Pacific Basin's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pacific Basin has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
