Sustainable growth report 2024

In this report, we present our progress across Environmental, Social, and Governance priorities, including where we are advancing and where acceleration is required.

Everybody home safe
Safety is non-negotiable. In 2025, we measured our safety culture across the organisation. The results confirm a proactive level, while also providing clear direction for further improvement.
Safety is shaped by behaviour and daily decisions. Open dialogue, training, and strong collaboration between ship and shore continue to strengthen this culture. Every colleague is responsible for contributing to a safe working environment.

Committed to reliability
Reliability is essential to our performance. This relates to how we keep our people onboard safe, how we keep our customer’s cargo moving as promised, and protects trust with them. A reliable fleet prevents incidents, avoids costly downtime, and proves we deliver on our commitments in a demanding energy market.

Reliability is strongly related to our actions and how we work together. It shapes how we communicate onboard, in the office, and more important, how ship and shore colleagues work together.
The reliability project team created a roadmap we are following to optimise our reliability. As with safety, everyone plays a role in delivering reliable operations.

Culture
Delivering our strategy requires a strong culture. To keep pace, we introduced our cultural behaviours in 2025 within the office organisation. Culture is reflected in how we listen, collaborate, and take responsibility. Building a future-proof base starts with strong ownership and enhancing teamwork and cooperation.

Heading for net zero
Achieving net-zero emissions by 2035 requires action today, as well as realism and adaptability. The regulatory and geopolitical landscape is evolving rapidly. We acknowledge that, in the current context, our ambition to reach net-zero emissions by 2035 is becoming increasingly challenging. In 2026, we will reassess our roadmap to confirm what is achievable while maintaining a high level of ambition.
In 2025, our actions focused on fuelling our ships with biodiesel and expanded our partnership with Gasum to use bio-LNG to reduce emissions beyond regulatory compliance. We are further optimising the performance of the wind-assisted propulsion units installed on our petrochemical tankers and continue to learn how to apply these technologies most effectively.

Highlights
During the year, we continued to strengthen both our fleet and our organisation. We welcomed the ethylene carrier Coral Palmata and said goodbye to 25 years old Coral Parensis, marking the continued renewal of our fleet.

At the same time, we invested in how we work and connect as one organisation. The launch of our new intranet, wAVe, has improved internal communication and access to information across teams and vessels.

The implementation of high-speed internet (NexusWave) across the entire fleet further strengthens connectivity on board and directly supports the wellbeing and engagement of our seafarers.
We also brought our people together through two Officers Conferences for our senior seafaring leaders, with strong involvement from office colleagues, and dedicated conferences for our Ratings in Indonesia and the Philippines. These gatherings are not only about sharing knowledge, but also reinforce best practices, alignment, and a shared responsibility for safe and reliable operations.

The future
With a clear strategy and the dedication of our colleagues, we move forward with confidence. By staying focused and disciplined, we continue to build a safe, reliable, and more sustainable Anthony Veder.