SUSTAINABILITY

Working on the oceans is something that we at HBA are grateful for. Our vision is to be a sustainable solutions provider for the global energy sector, and we recognise our role in driving the positive change we want to see.

We remain steadfast in safeguarding the environment by ensuring compliance with all relevant local and global environmental laws and regulations. These include regulations and guidelines from the International Maritime Organization, Flag State, Classification Society, Coastal State, International Marine Contractors Association, Common Marine Inspection Document standards, OCIMF, Offshore Vessel Management and Self-Assessment and Offshore Vessel Inspection Database standards.

HBA also takes a proactive stance to enhance sustainability standards across our operations. Various initiatives have been developed to continually invest in vessels and technologies that are cleaner, safer, greener, and more efficient.

Our sustainability journey includes the following corporate activities:

Clean Energy technology innovations

We have a cross-disciplinary research and development team at the forefront of new technologies, including LNG-fuelled and battery-powered vessels.

Reducing single use plastic

To reduce the use of plastic drinking bottles onboard our ships, we have fitted our vessels in our fleet with high-quality water filters complete with water quality test kits. Each crew member is provided with reusable water bottles. As a result, our consumption of bottled water has been reduced by approximately 500,000 (1 litre) bottles since 2018. We target to eliminate single-use water bottles on board by 2024 and achieve a 10% reduction in general single-use plastics year on year.

Waste Management Practice

We ensure that waste is properly collected, treated and disposed of across our business, and conduct shipbuilding and ship repair works on environmentally compliant facilities.

Energy saving initiatives

We are focused on reducing our emissions through a range of energy-saving initiatives and engine optimisation and operational efficiency trials on our vessels to minimise fuel consumption

Offshore wind solutions

We provide a comprehensive suite of services that help our clients optimise their offshore wind operations and maintenance.

People & Community

  • At HBA, we recognize our people as our most important resource. We are committed to fostering a safe and inclusive work environment and empowering our employees to make a difference through a wide range of community engagement initiatives. The HBA Future Energy Holdings Pte Ltd Code of Ethics and Business Conduct represents the commitment to respect the individual, uphold basic human rights and instituting fair and ethical employment practices.
  • The HBA Future Energy Holdings Pte Ltd Code of Ethics and Business Conduct represents the commitment to respect the individual, uphold basic human rights and instituting fair and ethical employment practices.
  • HBA Future Energy Holdings Pte Ltd has established policies with standard operating procedures aligned with ethical and compliant business practices. Such as ensuring all employees are treated fairly ,employees’ needs are met and having a respectful and non-discriminatory working environment for all - regardless of gender, sex, race, citizenship or religion.
  • HBA Future Energy Holdings Pte Ltd carefully considers the effect and impact on local communities and indigenous peoples where its activities might have an impact. HBA Future Energy Holdings Pte Ltd prohibits unlawful discrimination based on ethnic or national origin, age, gender identity or expres­sion, sexual orientation, marital status or family structure, religion or disability. Inappropriate workplace conduct, such as harassment, violence or discrimination is not tolerated.
  • HBA Future Energy Holdings Pte Ltd supports the United Nations Universal Declaration of Human Rights and the standards advised by the International Labour Organisation (ILO). Slavery, forced labour, child labour, tor­ture and other violations of human rights are totally unacceptable.
  • Third parties providing goods and services to HBA Future Energy Holdings Pte Ltd are expected to comply with human rights and relevant employment practices, and the Company performs due diligence to support the effort to ensure that the various supply chains operate in an ethical and responsible manner to prevent slavery, human trafficking, forced or child labour and any other violations of human rights and labour standards.
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Caring For The Community

We support the communities we serve and collaborate closely with non-profit organisations to create long-term benefits—while encouraging our employees to reach their fullest potential.

 

Our Corporate Social Responsibility (CSR) and community work includes:

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Organising the 2017 Charity Walk at ——– that raised more than S$50,000 for ——–, a non-profit social service agency that serves and cares for clients with disabilities
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Hosting the —– Charity Walk at Sentosa —- to raise more than S$100,000 for —— SG, offering some support for caring and serving those with varying intellectual, physical, mental, sensory and learning disabilities
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Volunteering for #BYOBclean, a Stay Prepared initiative led by Temasek Foundation, where our employees distributed free hand sanitisers to households, to help the community stay safe and healthy during the COVID-19 crisis.
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People Ethical and Responsible business Conduct & Community

Corporate Governence

HBA continues to develop, promote, and maintain the highest standards of corporate governance to safeguard the interests of our stakeholders. We are committed to promoting a culture that values trust, cooperation, and mutual respect. Our corporate governance standards are based on our corporate values and ethical guidelines. Besides established whistleblowing and anti-corruption policies, we also have a Sanctions Compliance policy which states our commitment to conduct business with integrity, fairness, impartiality, and in an ethical and proper manner.

Anti-Corruption Policy: We hold our employees to the highest ethical standards and only work with business partners who have values similar to ours.  

 

Whistle Blowing Policy: We provide an avenue for all PCL employees and members of the public to disclose any improper conduct within the Group. 

Supplier Relations and Quality Policy

We believe in collaborating with suppliers who are transparent, ethical, and environmentally and socially responsible. Each quarter, we conduct sanction monitoring and evaluate our suppliers based on their Health, Safety and Environmental (HSE) performance. Critical suppliers are re-evaluated annually to ensure that they comply with relevant laws and regulations.

HBA operates under a very rigorous and comprehensive HSEQ Integrated Management System (IMS) that is fully compliant with the ISM Code. We remain compliant with certifications for HSEQA management systems such as ISO 9001, ISO 14001, ISO 45001 and OHSAS 18001. By considering risk-based thinking in planning, reviewing, and improving our Quality Management System (QMS) and its processes, we constantly drive ourselves to achieve excellence while being mindful of responsibilities to our Principals, shareholders, employees, and the community.

ISO 9001

ISO 14001​

ISO 45001​