COSCO SHIPPING Energy has recently received notable recognition for its exceptional performance in Environmental, Social, and Governance (ESG) practices. The company was honored with the “2024 Asia-Pacific ESG Pioneer Award” by CLS.CN and selected as one of “China’s ESG Listed Companies Pioneer 100” by CCTV.

Selected as one of “China’s ESG Listed Companies Pioneer 100” by CCTV

At CCTV’s “2024 Annual ESG Action Report” release event on June 30, COSCO SHIPPING Energy stood out among the top Chinese companies recognized for their robust ESG frameworks. The list was jointly launched by the Financial Program Center of China Media Group, the State-owned Assets Supervision and Administration Commission of the State Council, the All-China Federation of Industry and Commerce, the Institute of Economics at the Chinese Academy of Social Sciences, the China Enterprise Reform and Development Research Association, and other authoritative institutions and departments. Its purpose is to identify listed companies demonstrating exemplary ESG governance in A-shares and Hong Kong stocks through stringent ESG evaluation indicators. COSCO SHIPPING Energy has achieved notable recognition for its exceptional ESG (Environmental, Social, and Governance) performance, earning a coveted place among the “Pioneer 100” companies.

Honored With the “2024 Asia-Pacific ESG Pioneer Award” by CLS.CN

The company was awarded the “2024 Asia-Pacific ESG Pioneer Award” by CLS.CN on July 1st at the 2024 Asia-Pacific Innovation Exchange Conference in Singapore. This award, one of five esteemed honors at the event, celebrates companies in the Asia-Pacific region demonstrating innovative practices across environmental, social, and corporate governance dimensions within the ESG landscape. As one of the award-winning companies, COSCO SHIPPING Energy’s achievements in ESG practices were highly esteemed by the judges, underscoring its significant impact and influence in the field.

For 16 consecutive years, COSCO SHIPPING Energy has diligently published its ESG reports, showcasing significant achievements in the ESG arena. The company has established robust ESG management systems aligned with international standards, integrating them into its long-term business strategy to drive sustainable development. The company continues to refine its ESG data framework and assessment tools to ensure their scientific validity and effectiveness. Simultaneously, COSCO SHIPPING Energy actively responds to the demands and expectations of various stakeholders by continuously improving the content and format of its ESG information disclosure. It embraces transparency and openness, welcoming scrutiny from all sectors of society.

Looking forward, COSCO SHIPPING Energy will maintain its commitment to the shipping industry’s decarbonization strategy, proactively engaging with international social standards. It will also enhance its ESG governance structure and operational mechanisms to elevate its standards, create value for stakeholders, and drive sustainable development in the shipping sector.