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Excellence in Corporate Governance
A high standard of governance supports our long-term success by preserving and strengthening stakeholder confidence, while providing a solid foundation for a high-performing resilient organisation. We are committed to a culture of strong corporate governance, compliance and upholding of the highest standards in business ethics and business conduct.
Our proactive approach to conducting business in strict adherence with our corporate governance principles sees the company implement all necessary regulatory compliance programmes and establish a clear governance structure to manage our operational compliance risks and obligations.
Focus Story: Human Rights
To evaluate potential human rights risks in our supply chain we conducted preliminary risk assessments in 2024 on selected critical suppliers as part of our ESG Self-Assessment Framework.
For seafarers onboard our vessels, self-assessments were completed by our ship managers in 2023. These assessments included questions on human rights policies, awareness and grievance mechanisms. There were zero human rights breaches in 2024 and therefore no remedial actions were taken.
| Our Commitments and Performance | ||
|---|---|---|
| OUR COMMITMENT | OUR PERFORMANCE IN 2024 | COMMITMENT STATUS |
Zero major breaches of relevant laws and regulations(1) | Zero | Meeting commitment |
Zero human rights breaches | Zero | Meeting commitment |
Zero major cybersecurity incidents(2) | Zero | Meeting commitment |
| 100% Environmental, Social and Governance (ESG) self-assessment conducted for our shortlisted critical suppliers | 100% | Meeting commitment |
(1) Breaches are considered major if they exceed the pre-defined thresholds for the following risk impact categories: Financial, Media, Stakeholder Reactions and Trust Damage.
(2) Cybersecurity incidents are considered major if they exceed the pre-defined thresholds for the following risk impact categories: Asset, Data, Environment, People and Reputation.