Pacific Basin Shipping Ltd

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Moderate Pacific Basin Shipping provides a limited picture of which climate-related measures it tries to influence, but is much clearer about the objectives it wants policymakers to pursue. It refers to engaging "with IMO and International Chamber of Shipping via our active role in the Hong Kong Ship Owners Association and other industry bodies" and notes its membership of the Getting to Zero Coalition, showing that it approaches lobbying chiefly through industry associations; however, it does not spell out whether it sends letters, holds formal meetings or files consultation responses, nor does it identify individual governments or officials it addresses. The company names the policy arenas it follows – such as the IMO’s EEXI and CII rules, the prospective inclusion of shipping in the EU Emissions Trading System and wider debates on global carbon pricing – yet it does not explicitly state that it has lobbied these measures, so the scope of its actual policy engagement remains unclear. By contrast, it is explicit about the outcomes it seeks, calling for "support for investment in new marine fuels R&D," "support for the development of a worldwide refueling infrastructure," and "carbon pricing (implemented on a global level playing field) to help drive the transition to expensive new green fuels," as well as urging governments to deliver policies that will “supercharge the transition” to net-zero shipping. Overall, the disclosures show moderate transparency: the company is open about the policy changes it wants but offers sparse detail on the precise policies it has lobbied and the methods it uses to influence decision-makers. 2
Lobbying Governance
Overall Assessment Comment Score
None Pacific Basin Shipping Ltd’s disclosures describe robust board-level oversight of sustainability, noting that “Responsibility for Pacific Basin’s sustainability rests with our Board,” and the January 2024 elevation of oversight to a “dedicated new Sustainability Committee” supported by a Sustainability Management Committee. However, we found no evidence of any governance process for lobbying: there is no mention of who oversees or reviews lobbying activities, no policy or procedure for aligning lobbying with company policies, and no description of monitoring or accountability measures for either direct or indirect lobbying, including climate-related advocacy, in their public disclosures. 0