Sustainability Report 2024

Year: 2024
Published: 2025-04-24
Status: Processed

Extracted ESG KPIs

KPIs are organized by ESG aspects.

The types of emissions and respective emissions data.

Indicator Unit 2024 Report Pages
NOx emissions tonne 28.432 33
NOx emissions intensity kg/TEU 0.02 33
PM emissions tonne 1.571 33
PM emissions intensity kg/TEU 0.001 33
Round trips completed by 'Zhong Yuan Hai Yun Lv Shui 01' 20 29
Round trips completed by 'Zhong Yuan Hai Yun Lv Shui 02' 9 29
SOx emissions tonne 5.377 33
SOx emissions intensity kg/TEU 0.004 33

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2024 2026–2030 By 2025 Report Pages
CO2 emission intensity per RMB 10000 of revenue % reduction from 2019 level 33.8 31
GHG emission intensity tonne of CO2 equivalent/TEU 0.16 33
GHG emissions tonne of CO2 equivalent 236099.97 33
Reduction in carbon intensity from container manufacturing revenue (medium term target) % per RMB 10000 of revenue from a 2019 baseline 34 26
Reduction in carbon intensity from container manufacturing revenue (short term target) % per RMB 10000 of revenue from a 2019 baseline 19 26
Scope 1 GHG emissions tonne of CO2 equivalent 46529.58 33
Scope 2 GHG emissions tonne of CO2 equivalent 189770.39 33

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2024 Report Pages
Hazardous waste discharge intensity tonne/TEU 0.02 33
Total amount of hazardous and non-hazardous waste generated annually tonnes of non-hazardous waste 106984.68 31
Total amount of hazardous waste generated annually tonnes of hazardous waste 22480.39 31
Total hazardous waste tonne 22480.39 33
Total waste disposal tonne 16467.67 33
Waste stored tonne 250.06 33

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2024 Report Pages
Landfill waste tonne 322.62 33
Non-hazardous waste discharge intensity tonne/TEU 0.07 33
Non-hazardous waste recycled/reused tonne 103626.66 33
Proportion of recycled waste % 87.13 33
Total non-hazardous waste tonne 106894.68 33
Waste disposed of otherwise tonne 39.66 33
Waste incinerated with energy recovery tonne 11186.1 33
Waste incinerated without energy recovery tonne 4849.18 33

Description of emissions target(s) set and steps taken to achieve them.

Indicator Unit 2024 Report Pages
Total CO2 emission reduction tonne of CO2 equivalent 18800.61 33

Description of how hazardous and non-hazardous wastes are handled, and a description of reduction target(s) set and steps taken to achieve them.

Indicator Unit 2024 Report Pages
Hazardous waste recycled/reused tonne 9100.79 33
Total waste recycled/reused tonne 112727.45 33
Wastewater generated tonne 795693.4 33

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2024 Report Pages
Diesel consumption tonne 4184.39 32
Direct energy total consumption MWh, TCE 221109.51 32
Electricity consumed by 'Zhong Yuan Hai Yun Lv Shui 01' MWh 1110 29
Electricity consumed by 'Zhong Yuan Hai Yun Lv Shui 02' MWh 480 29
Energy consumption intensity MWh/TEU, TCE/TEU 0.05 32
Gasoline consumption tonne 112.31 32
Indirect energy total consumption MWh, TCE 44693.64 32
Natural gas MWh, TCE 20912.03 33
Natural gas consumption 15723328 32
Overall energy intensity per RMB 10000 of revenue % reduction from 2019 level 10.84 31
PV power generation MWh, TCE 3248.6 32, 33
Proportion of PV power consumption % 4.52 33
Proportion of natural gas consumption % 29.1 33
Purchased electricity MWh, TCE 336225.7 32
TEU of cargo transported by 'Zhong Yuan Hai Yun Lv Shui 01' TEU 17093 29
TEU of cargo transported by 'Zhong Yuan Hai Yun Lv Shui 02' TEU 6496 29
Total consumption MWh, TCE 197587.68 33
Total energy consumption MWh, tonne of coal equivalent (TCE) 584768.08 32

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Indicator Unit 2024 Report Pages
Process water use intensity tonne/TEU 0.73 33
Process water used tonne 1046965 33
Total volume of wastewater generated annually tonnes of wastewater 795693.4 31

Description of the significant impacts of activities on the environment and natural resources and the actions taken to manage them.

Indicator Unit 2024 Report Pages
Distance sailed by 'Zhong Yuan Hai Yun Lv Shui 01' kilometers 18137.6 29
Distance sailed by 'Zhong Yuan Hai Yun Lv Shui 02' kilometers 8587 29
Total cargo weight transported by 'Zhong Yuan Hai Yun Lv Shui 02' tonnes 39358 29

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Indicator Unit 2024 Report Pages
Investment per employee RMB 491.49 42
Number of disabled employees person 31 36
Number of employees of Han ethnicity person 14815 36
Number of employees of non-Han ethnicities person 806 36
Number of employees with bachelor's degree (Type A) person 660 36
Number of employees with bachelor's degree (Type B) person 275 36
Number of employees with below junior college degree (Type A) person 596 36
Number of employees with below junior college degree (Type B) person 12288 36
Number of employees with junior college degree (Type A) person 178 36
Number of employees with junior college degree (Type B) person 907 36
Number of employees with master's degree and above (Type A) person 206 36
Number of employees with master's degree and above (Type B) person 19 36
Number of expatriates person 48 36
Number of full-time employees - Female person 823 36
Number of full-time employees - Male person 14846 36
Number of full-time employees aged 30-39 person 7628 36
Number of full-time employees aged 40-49 person 4337 36
Number of full-time employees aged 50 and above person 867 36
Number of full-time employees in Chinese mainland person 15621 36
Number of full-time employees outside Chinese mainland person 48 36
Number of full-time employees under 30 person 2837 36
Number of junior technicians person 140 36
Number of mid-level technicians person 282 36
Number of new hires (Type A) person 58 36
Number of new hires (Type A) - Female person 17 36
Number of new hires (Type A) - Male person 41 36
Number of new hires (Type A) - Mid-level technicians person 8 36
Number of new hires (Type A) - Other person 46 36
Number of new hires (Type A) - Regular employees person 58 36
Number of new hires (Type A) - Senior technicians person 4 36
Number of new hires (Type A) aged 30-39 person 17 36
Number of new hires (Type A) aged 40-49 person 10 36
Number of new hires (Type A) aged 50 and above person 7 36
Number of new hires (Type A) in Chinese mainland person 56 36
Number of new hires (Type A) outside Chinese mainland person 2 36
Number of new hires (Type A) under 30 person 24 36
Number of other employees (by seniority level) person 15158 36
Number of outsourced employees person 14006 36
Number of regular employees person 1640 36
Number of senior technicians person 89 36
Number of women in middle- and senior-level management person 23 36
Percentage of employees covered by work-related injury insurance % 100 41
Percentage of employees covered by workplace safety liability insurance % 8.58 41
Percentage of employees provided with social insurance % 100 36
Proportion of vacancies filled by internal candidates (internal recruitment) % 38.95 36
Total number of full-time employees person 15669 36

Employee turnover rate by gender, age group and geographical region.

Indicator Unit 2024 Report Pages
Total turnover (Type A employees) % 4.43 37
Turnover by age (30-39, Type A employees) % 4.25 37
Turnover by age (40-49, Type A employees) % 2.64 37
Turnover by age (50 and above, Type A employees) % 6.39 37
Turnover by age (Under 30, Type A employees) % 8.97 37
Turnover by gender (Female, Type A employees) % 6.21 37
Turnover by gender (Male, Type A employees) % 3.83 37
Turnover by region (In Chinese mainland, Type A employees) % 4.15 37
Turnover by region (Outside Chinese mainland, Type A employees) % 6.25 37
Voluntary turnover rate (In Chinese mainland, Type A employees) % 3.28 37

Lost days due to work injury.

Indicator Unit 2024 Report Pages
Lost time injury frequency rate (including minor and light injuries) among type-B employees (Contractors and outsourced employees at COSCO SHIPPING Development's headquarters and its subsidiaries in and outside Chinese mainland) Number of lost-time injuries per million working hours 0.88 41
Lost time injury frequency rate (including minor and light injuries) among type-B employees (Regular employees at COSCO SHIPPING Development's headquarters and its subsidiaries in and outside Chinese mainland) Number of lost-time injuries per million working hours 0.76 41
Working days lost due to work accidents among type-B employees (Contractors and outsourced employees at COSCO SHIPPING Development's headquarters and its subsidiaries in and outside Chinese mainland) day 1968.5 41
Working days lost due to work accidents among type-B employees (Regular employees at COSCO SHIPPING Development's headquarters and its subsidiaries in and outside Chinese mainland) day 205 41

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Indicator Unit 2024 Report Pages
Investment in work-related injury insurance for employees RMB 8673100 41
Investment in workplace safety liability insurance for employees (Regular employees, contractors, and outsourced employees at COSCO SHIPPING Development's headquarters and its subsidiaries in and outside Chinese mainland) RMB 88200 41

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Indicator Unit 2024 Report Pages
Proportion of trained employees % 95.69 42
Total number of employee training participations 45818 42
Total number of employees who received training person 14993 42
Trained employees by gender: Female % 5.34 42
Trained employees by gender: Male % 94.66 42
Trained employees by professional rank: Middle management % 0.29 42
Trained employees by professional rank: Other % 99.67 42
Trained employees by professional rank: Senior management % 0.05 42

The average training hours completed per employee by gender and employee category.

Indicator Unit 2024 Report Pages
Average training hours by age: 30-39 hour 17.78 42
Average training hours by age: 40-49 hour 20.35 42
Average training hours by age: 50 and above hour 29.22 42
Average training hours by age: Under 30 hour 18.84 42
Average training hours by gender: Female hour 49.39 42
Average training hours by gender: Male hour 17.58 42
Average training hours by professional rank: Middle management hour 127.56 42
Average training hours by professional rank: Other hour 18.91 42
Average training hours by professional rank: Senior management hour 13.29 42
Average training hours per trained employee hour 19.28 42
Total investment in employee training RMB 7369000 42

Description of measures to review employment practices to avoid child and forced labour.

Indicator Unit 2024 Report Pages
Percentage of employees signing labor contract % 100 36

Number of suppliers by geographical region.

Indicator Unit 2024 Report Pages
Number of contractors person 23 36
Port calls made by 'Zhong Yuan Hai Yun Lv Shui 01' 73 29
Port calls made by 'Zhong Yuan Hai Yun Lv Shui 02' 31 29

Number of products and service related complaints received and how they are dealt with.

Indicator Unit 2024 Report Pages
Number of customer complaints handled and shipped 14971 22

Description of quality assurance process and recall procedures.

Indicator Unit 2024 Report Pages
Average first time quality rate, Shanghai Universal % 98.9 22
First pass yield, Shanghai Universal % 99.87 22

Description of anti-corruption training provided to directors and staff.

Indicator Unit 2024 Report Pages
Duration of anti-commercial bribery and anti-corruption training received by directors (COSCO SHIPPING Development's headquarters) hour 54 12
Duration of anti-commercial bribery and anti-corruption training received by middle-level and senior managers in China (COSCO SHIPPING Development's headquarters) hour 1440000 12
Duration of anti-commercial bribery and anti-corruption training received by regular employees (COSCO SHIPPING Development's headquarters and subsidiaries) hour 9834 12
Number of directors who received anti-commercial bribery and anti-corruption training (COSCO SHIPPING Development's headquarters) person 7 12
Number of middle-level and senior managers in China who received anti-commercial bribery and anti-corruption training (COSCO SHIPPING Development's headquarters) person 19 12
Number of regular employees who received anti-commercial bribery and anti-corruption training (COSCO SHIPPING Development's headquarters and subsidiaries) person 1639 12
Percentage of directors who received anti-commercial bribery and anti-corruption training (COSCO SHIPPING Development's headquarters) % 100 12
Percentage of middle-level and senior managers in China who received anti-commercial bribery and anti-corruption training (COSCO SHIPPING Development's headquarters) % 100 12
Percentage of regular employees who received anti-commercial bribery and anti-corruption training (COSCO SHIPPING Development's headquarters and subsidiaries) % 100 12

Focus areas of contribution (e.g. education, environmental concerns, labour needs, health, culture, sport).

Indicator Unit 2024 Report Pages
Green financing amount for COSCO SHIPPING Development (Hainan) secured in February 2024 million RMB 750 30
Green financing amount received by Shanghai Universal in 2024 million RMB 1657 30
Green financing amount secured in 2024 RMB 3000000000 30

Resources contributed (e.g. money or time) to the focus area.

Indicator Unit 2024 Report Pages
Sustainability-linked loan (SLL) secured by Florens from Bank of China (Hong Kong) in December 2024 million USD 150 30
Sustainability-linked loan (SLL) secured by Florens from Nanyang Commercial Bank in June 2024 million USD 50 30

The types of emissions and respective emissions data.

Standard Indicator Unit 2024
Airborne Particulate Matter (PM) Emissions tonne 1.571
NOₓ Emission Intensity (By Logistics) kg/TEU 0.02
NOₓ Emissions tonne 28.432
PM Emission Intensity (By Logistics) kg/TEU 0.001
SOₓ Emission Intensity (By Logistics) kg/TEU 0.004
SOₓ Emissions tonne 5.377

Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2024
Direct GHG Emissions (Scope 1) tonne of CO2 equivalent 46529.58
Indirect Energy Emissions (Scope 2) tonne of CO2 equivalent 189770.39
Total GHG Emissions tonne of CO2 equivalent 236099.97
Total GHG Emissions Intensity (By Container Volume) tonne of CO2 equivalent/TEU 0.16

Total hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2024
Total Hazardous Waste tonne 22480.39
Total Hazardous Waste Intensity (By Unit Product) tonne/TEU 0.02

Total non-hazardous waste produced (in tonnes) and, where appropriate, intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2024
Non-Hazardous Waste Disposed tonne 39.66
Non-Hazardous Waste Incineration tonne 16035.28
Non-Hazardous Waste Landfilling tonne 322.62
Non-Hazardous Waste Recycled tonne 103626.66
Recycling Rate of Non-Hazardous Waste % 87.13
Total Non-Hazardous Waste Incineration tonne 16035.28
Total Non-Hazardous Waste Intensity (By Unit Product) tonne/TEU 0.07

Description of emissions target(s) set and steps taken to achieve them.

Standard Indicator Unit 2024
CO2 Emissions Reduction Compared to Last Year tonne of CO2 equivalent 18800.61

Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) in total (kWh in '000s) and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2024
Diesel Fuel Consumption tonne 4184.39
Energy Consumption Intensity (By Unit Product) TCE/TEU 0.41
Gasoline Consumption tonne 112.31
Natural Gas Consumption TCE 20912.03
Percentage of Renewable Energy Consumption % 4.52
Purchased Electricity TCE 41322.14
Solar Energy TCE 3248.6
Total Direct Energy Consumption TCE 27174.36
Total Energy Consumption TCE 71868
Total Indirect Energy Consumption TCE 363658.57

Water consumption in total and intensity (e.g. per unit of production volume, per facility).

Standard Indicator Unit 2024
Total Wastewater Discharge tonnes of wastewater 795693.4
Total Water Withdrawal tonne 1046965

Description of the significant climate-related issues which have impacted, and those which may impact, the issuer, and the actions taken to manage them.

Standard Indicator Unit
Investment in Climate Change Management RMB

Total workforce by gender, employment type (for example, full- or part-time), age group and geographical region.

Standard Indicator Unit 2024
Number of Bachelor's Degree Employees person 935
Number of Below Junior College Employees person 12884
Number of Contractors person 14006
Number of Employees Aged 30-50 person 11965
Number of Employees Aged Above 50 person 867
Number of Employees Aged Below 30 person 2837
Number of Employees in Mainland China person 15621
Number of Employees in Overseas person 48
Number of Female Employees person 823
Number of Full-time Employees person 15669
Number of Full-time Employees (Female) person 823
Number of Full-time Employees (Male) person 14846
Number of Male Employees person 14846
Number of Master's Degree Employees person 225
Number of New Employees person 58
Number of New Employees (Above 50) person 7
Number of New Employees (Aged 30-50) person 27
Number of New Employees (Aged Below 30) person 24
Number of New Employees (Female) person 17
Number of New Employees (Mainland China) person 56
Number of New Employees (Male) person 41
Number of New Employees (Overseas) person 2
Number of Total Employees person 15669

Employee turnover rate by gender, age group and geographical region.

Standard Indicator Unit 2024
Turnover Rate of Employees Aged 30-50 % 3.445
Turnover Rate of Employees Aged Above 50 % 6.39
Turnover Rate of Employees Aged Below 30 % 8.97
Turnover Rate of Employees in Mainland China % 4.15
Turnover Rate of Employees in Overseas % 6.25
Turnover Rate of Female Employees % 6.21
Turnover Rate of Male Employees % 3.83
Turnover Rate of Total Employees % 4.43

Lost days due to work injury.

Standard Indicator Unit 2024
Lost Time Injury Frequency Rate (Contractor) Number of lost-time injuries per million working hours 0.88
Lost Time Injury Frequency Rate (Employees) Number of lost-time injuries per million working hours 0.76
Lost Working Days Due to Work-related Injuries (Contractor) day 1968.5
Lost Working Days Due to Work-related Injuries (Employees) day 205

Description of occupational health and safety measures adopted, and how they are implemented and monitored.

Standard Indicator Unit 2024
Investment in Work Safety RMB 8761300

The percentage of employees trained by gender and employee category (e.g. senior management, middle management).

Standard Indicator Unit 2024
Percentage of Employees Trained % 95.69
Percentage of Trained Female Employees % 5.34
Percentage of Trained Male Employees % 94.66
Percentage of Trained Middle Management % 0.29
Percentage of Trained Senior Management % 0.05

The average training hours completed per employee by gender and employee category.

Standard Indicator Unit 2024
Average Training Hours (Employees Aged 30-50) hour 19.065
Average Training Hours (Employees Over 50) hour 29.22
Average Training Hours (Employees Under 30) hour 18.84
Average Training Hours (Female) hour 49.39
Average Training Hours (Male) hour 17.58
Average Training Hours (Middle Management) hour 127.56
Average Training Hours (Senior Management) hour 13.29
Average Training Hours per Employee hour 19.28

Number of products and service related complaints received and how they are dealt with.

Standard Indicator Unit 2024
Number of Complaints Dealt with 14971
Satisfaction Rate of Customer Complaint Handling % 99.74

Description of anti-corruption training provided to directors and staff.

Standard Indicator Unit 2024
Anti-corruption Training Coverage among Directors and Management % 100
Average Anti-corruption Training Hours for Directors and Management hour/person 55389.38
Average Anti-corruption Training Hours for General Employees hour/person 6
Average Hours of Anti-corruption Training hour/person 873.41
Board Anti-corruption Training Duration hour 54
Coverage Rate of Ethical Standards and Anti-Corruption Training % 100
Coverage of Anti-corruption Training for Employees % 100
Number of Directors and Management Attendance for Anti-corruption Training person 26
Number of General Employees Attendance for Anti-corruption Training person 1639
Number of People Participated in Ethical Standards and Anti-corruption Training person 1665
Total Anti-corruption Training Hours for Directors and Management hour 1440054
Total Hours of Anti-corruption Training hour 1453888
Total Hours of Anti-corruption Training for Employees hour 9834