ESG

ESG
MANAGEMENT

Pan Ocean will solidify its position as a global leading shipping and logistics company
by enhancing corporate and shareholder value based on transparent management.

ESG
Sustainability at Pan Ocean

Sustainability at Pan Ocean

Stakeholder Engagement

Pan Ocean actively communicates with key stakeholders, including employees, customers, suppliers, shareholders, investors, and local communities. The company operates a wide range of communication channels to incorporate stakeholder opinions on our management activities. Pan Ocean aims to implement sustainability management through proactive operation of these communication channels to address potential sustainability issues and faithfully reflect stakeholder expectations. By effectively managing these channels, Pan Ocean endeavors to proactively address potential sustainability issues and integrate stakeholders' perspectives into its management practices, promoting sustainability management.

Group Key Communication Channels Key Interests
Employees Internal stakeholders who develop in tandem with the organization by working in a safe environment and through growth opportunities
  • Labor Management Council
  • Grievance handling system
  • Onboard grievance handling system (Open reporting)
  • Helpline (Anonymous reporting system)
  • Proposal system
  • Internal company portal
  • Employee satisfaction survey
  • Sustainability report
  • Work environment
  • Talent attraction and retention
  • Employee development and fair performance review
  • Human rights protection and respect for diversity
Customers Key users of Pan Ocean’s maritime transportation services who form a long-term relationship with the company based on trust and satisfaction
  • Website
  • Helpline (Anonymous reporting system)
  • Customer satisfaction survey for container shipping service users
  • Sustainability report
  • Listening to customer feedback
  • Provision of sustainable services
Suppliers Suppliers engaging in Pan Ocean’s shipping services that pursue mutual growth through fair and sustainable business practices
  • Purchase portal site
  • Helpline (Anonymous reporting system)
  • Sustainability report
  • Win-win partnerships and collaboration
  • Compliance with laws and regulations
Shareholders and Investors Stakeholders expecting an increase in corporate value based on the company’s capital and trust
  • Shareholders’ meeting
  • IR
  • Domestic and international Non-Deal Roadshows (NDRs) and conferences
  • Sustainability report
  • Transparent disclosure of management performance and financial information
  • Shareholder engagement enhancement
Governments Institutions shaping Pan Ocean’s management environment through laws and policies to whom the company fulfills its responsibilities through legal compliance and public cooperation.
  • Sustainability report
  • Compliance with maritime and marine environmental regulations
  • Implementation of government policies on carbon neutrality and sustainability management
  • Industrial accidents prevention and operation of industrial safety and health system for workers
International Organizations and NGOs External stakeholders who establish standards for the maritime industry and monitor their practice. Pan Ocean fulfills its responsibilities as a global company through active communication and responses.
  • Sustainability report
  • Efforts to reduce carbon emissions from vessels
  • Response to shipping carbon regulations
  • Protection of human rights and labor condition improvement for offshore employees
  • Management of human rights and environmental risks across the supply chain
Local Communities Residents or groups of regions where Pan Ocean’s business sites are located. They share the company’s impacts and responsibilities on the local communities.
  • Seoul Senior Welfare Center
  • Seoul National Cemetery
  • Management of environmental impact around business sites
  • Local community-based social contribution activities
  • Collaborative growth with the local economy