Gearbulk Integrated Report 2023 - Report - Page 98
GEARBULK
HUMAN CAPITAL
EVALUATING
THE CAPITAL
What Human Capital means to Gearbulk
How Human Capital supports our value creation goals
Human Capital is the aggregate skill, knowledge, experience
Human capital provides specialised expertise and skills,
and potential of the workforce in Gearbulk. It includes the
driving innovation, problem-solving, and delivering high-
intellectual assets, capabilities and potential for innovation
quality results. E昀케cient utilisation of human capital enhances
which drive performance excellence, growth and success
productivity and e昀케ciency, enabling more achievements with
for the company. Our investment in human capital involves
fewer resources. It directly impacts customer satisfaction. A
recruitment, training, organisational development, employee
skilled workforce facilitates operational excellence by opti-
engagement in a supportive and safe work environment.
mising processes and continuously improving performance.
Finally, investing in human capital fosters employee engagement and retention, leading to organizational success and
reduced turnover costs.
KEY OUTPUTS
Value created
Value sustained
Value eroded
96
14
147
TRAINING DAYS
(SHORE)
PROMOTIONS
(SHORE)
SICK DAYS
(SHORE)
(2022: 54)
(2022: 6)
(2022: 269)
3,715
53
0.81
TRAINING DAYS (SEA)
PROMOTIONS (SEA)
(2022: 1,744)
(2022: 8)
LOST TIME INJURY
FREQUENCY
(2022: 0.70)
ZERO
FATALITIES
(2022: Zero)
98
PART 4 – HOW WE CREATE VALUE
EMPLOYEE
WELL-BEING
DIVERSE AND INCLUSIVE
WORKFORCE
