OOIL Listed in S&P Global’s Sustainability Yearbook (China Edition) 2023 and Ranked as “Top 1% S&P Global ESG Score (Chinese Corporate)”
OOIL Listed in S&P Global’s Sustainability Yearbook (China Edition) 2023 and Ranked as “Top 1% S&P Global ESG Score (Chinese Corporate)”
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) 2023, and is ranked as being in the “Top 1% S&P Global ESG Score (Chinese Corporate)” in its industry.
The international version of S&P Global’s Sustainability Yearbook was first published in 2008, but this is the first time that S&P Global has published a China edition. The S&P Global Sustainability Yearbook aims to distinguish those companies within their industries that have each demonstrated strengths in corporate sustainability. Following the growing interest from Chinese companies in sustainability strategies and topics in recent years, a China edition is published for Chinese companies to benchmark their performance 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 1,600 Chinese companies from 60 industries in Mainland China, Hong Kong and Macau that have participated in the 2022 Corporate Sustainability Assessment (CSA) entered the selection scope of this yearbook, 88 outstanding companies from 44 industries were selected into the Sustainability Yearbook 2023 (China Edition). OOIL has been awarded the ranking of “Top 1% S&P Global ESG Score (Chinese Corporate)” in the transportation and infrastructure category, which means OOIL’s ESG score is within 1% of the industry's highest score.
Inclusion in the S&P Global’s Sustainability Yearbook (China Edition) 2023 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.
Please visit S&P Global’s website for more details of Sustainability Yearbook (China Edition) 2023:
About Orient Overseas (International) Limited
Orient Overseas (International) Limited (“OOIL”), has principal business activities in container transport and logistics services. Listed on The Stock Exchange of Hong Kong, the OOIL Group has around 440 offices in approximately 90 countries/regions.
Orient Overseas Container Line and OOCL are trade names for transportation provided separately by Orient Overseas Container Line Limited ("OOCLL") and OOCL (Europe) Limited respectively and both are wholly-owned subsidiaries of OOIL. OOCL is one of the world's largest integrated international transportation and logistics companies and is an industry leader in the use of information technology, digitalisation and e-commerce to manage the entire cargo transport process. OOCL's modern fleet includes some of the youngest, largest, most fuel-efficient, and most environmentally friendly vessels in the world, carrying cargo on hundreds of trade routes, providing a vital link to world trade.
