TS Lines (02510) has published its second Environmental, Social and Governance (ESG) report, detailing 2025 performance across environmental, social and governance pillars and confirming Board-level oversight of all sustainability initiatives.
Environmental Metrics • Scope 1 greenhouse-gas emissions fell 2.79% year-on-year to 1.04 million tonnes CO₂e, driven mainly by lower marine fuel use. • Total energy consumption decreased 2.83% to 3.68 million MWh. • Average Efficiency Ratio (AER) dropped to 0.127 g CO₂e/DWT-nm—52.6% below the 2008 baseline and already surpassing the IMO 2030 target of a 40% reduction. • Of 46 operating vessels, 97.6% secured a CII rating of Grade C or above (50% Grade B; 28.6% Grade A). • Shore-power usage reached 1.39 million kWh, cutting auxiliary engine emissions during 2,170 berth-hours. • Air pollutants continued to decline: NOx 24.88 kt (-2.91%), SOx 12.09 kt (-0.27%) and particulate matter 2.44 kt (-3.07%). • Water stewardship improved, with consumption down 21.49% to 26,108 m³; 61,821 m³ of onboard freshwater was produced via desalination. • Hazardous waste totalled 58.44 t and non-hazardous waste 215.91 t following the roll-out of a new Inventory of Hazardous Materials procedure covering the entire fleet.
Climate Strategy The Group aligned its governance with IFRS S2 guidance, embedding climate risk into enterprise risk management. Scenario analysis considered IPCC SSP1-2.6 and SSP5-8.5 pathways plus IEA Net-Zero and STEPS forecasts. A long-term transition plan includes methanol-ready newbuilds, biofuel trials from 2026 and universal scrubber or low-sulphur fuel compliance.
Social Indicators • Workforce stood at 905 (63% female). Overall turnover was 11.16%, with no work-related fatalities or lost-time injuries for the third consecutive year. • Training covered 690 employees—76% of headcount—averaging 7.54 hours per person. • Supply-chain oversight extended to 1,284 suppliers, 540 of which operate in Asia ex-China; ESG criteria are now embedded in terminal, depot and container vendor assessments.
Governance Highlights • No breaches recorded under anti-corruption, anti-bribery or data-privacy laws. • ISO 14001, ISO 45001 and ISO 9001 certifications were maintained, while a formal whistle-blowing mailbox and updated workplace-misconduct policy were introduced in 2025. • Risk-management coverage was broadened to incorporate environmental compliance and climate-related risks, supported by more than 100 vessel audits.
Community Engagement Employees contributed 790.5 volunteer hours across 28 programmes, ranging from coastal clean-ups in China to food and clothing donations in Hong Kong and Thailand.
Outlook For 2026 the company plans to: 1) extend Scope 3 emissions accounting; 2) finalise medium- and long-term decarbonisation targets in line with the IMO’s 2050 net-zero ambition; 3) deepen supply-chain decarbonisation efforts; and 4) enhance climate disclosures ahead of the implementation of IFRS S2 requirements.