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Public Profile
Maritime Transport
TH
updated 2 months ago

Precious Shipping Public

Company website

Precious Shipping Public Company Limited, commonly referred to as Precious Shipping, is a prominent player in the maritime industry, headquartered in Thailand. Established in 1992, the company has carved a niche in the dry bulk shipping sector, operating primarily in the Asia-Pacific region and beyond. Specialising in the transportation of bulk commodities, Precious Shipping boasts a modern fleet that distinguishes itself through efficiency and environmental sustainability. The company has achieved significant milestones, including a robust market position as one of the leading dry bulk carriers in the region. With a commitment to safety and operational excellence, Precious Shipping continues to enhance its service offerings, ensuring reliable and timely delivery of goods across global trade routes.

DitchCarbon Score

How does Precious Shipping Public'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.

9

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.

10

Industry Benchmark

Precious Shipping Public's score of 9 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Precious Shipping Public's reported carbon emissions

In 2023, Precious Shipping Public, headquartered in Thailand, reported total carbon emissions of approximately 537,684,000 kg CO2e. This figure includes 10,815,000 kg CO2e from Scope 1 emissions, which pertain to direct emissions from owned or controlled sources. The company has not disclosed any Scope 2 or Scope 3 emissions data for this year. Comparatively, in 2022, the company’s total emissions were about 502,349,000 kg CO2e, with Scope 1 emissions at 11,027,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. Precious Shipping has not set any specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further development in their climate strategy. The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are independently sourced from Precious Shipping Public Company Limited. As the shipping industry faces increasing scrutiny regarding carbon emissions, Precious Shipping's commitment to transparency in reporting will be crucial for aligning with global climate goals.

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2021
Scope 1
526,625,000
Scope 2
64,000
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Precious Shipping Public's primary industry is Sea and coastal water transportation services, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Precious Shipping Public is in TH, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Precious Shipping Public is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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