2024-07-30 08:57

OOIL Listed in S&P Global’s Sustainability Yearbook



Orient Overseas (International) Limited (HKEX.0316) ("OOIL" or “the group”), the parent company of Orient Overseas Container Line (OOCL) and OOCL Logistics, has been listed in S&P Global’s Sustainability Yearbook (China Edition) 2024, and ranked as the “Top 1% S&P Global CSA Score (Chinese Corporate)” in its industry again.
 
In 2023, S&P Global launched the China Editon of its Sustainability Yearbook for Chinese companies to benchmark their performance in corporate sustainability with their local peers. The companies listed in the Yearbook are selected on the basis of the results of a Corporate Sustainability Assessment (CSA), an annual integrated assessment of governance & economic, environmental, and social criteria with a strong focus on long-term shareholder value.

Around 1,700 Chinese companies from Mainland China, Hong Kong and Macau that have participated in the 2023 Corporate Sustainability Assessment (CSA) entered the selection scope of this yearbook, 129 outstanding companies were selected into the Sustainability Yearbook 2024 (China Edition). OOIL is included in the yearbook and ranked as “Top 1% S&P Global CSA Score (Chinese Corporate)” in the transportation and infrastructure category again, which means OOIL’s CSA score is within 1% of the industry's highest score for two consecutive years.
 
Inclusion in the S&P Global’s Sustainability Yearbook (China Edition) 2024 is clear and valuable recognition of OOIL’s outstanding performance in environmental, social, and governance practices and in ESG disclosures. The group will continue to take a leadership role in advancing sustainability and to place ESG at the core of the Group’s value. 

< Korea Shipping Gazette >
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