HONG KONG's Orient Overseas (International) Limited (OOIL), a company with principal business activities in container transport (OOCL) and logistics services (OOCL Logistics), has announced its inclusion in the FTSE4Good Global Index.
HONG KONG's Orient Overseas (International) Limited (OOIL), a company with principal business activities in container transport (OOCL) and logistics services (OOCL Logistics), has announced its inclusion in the FTSE4Good Global Index. The FTSE4Good Index Series, established since 2001, is one of the world's most recognised and respected indices measuring the performance of companies demonstrating strong Environmental, Social and Governance (ESG) standards for investors committed to socially responsible investments (SRI). OOIL is honoured to be the first Hong Kong-based enterprise in the international transportation and logistics industry to be included in the FTSE4Good Index. Independently assessed according to the FTSE4Good Index criteria, OOIL has met all ESG requirements to become a constituent of the Index following the December 2015 review, an important milestone in the company's efforts to achieving long-term sustainability objectives. "We are very pleased to be included in the FTSE4Good Global Index," said OOIL chairman CC Tung. "In addition to the positive testimonial of our corporate ESG work, it strongly reflects our progressive steps to corporate sustainability as well as our transparency in fulfilling our environmental and community responsibilities," he said. "As a global corporate citizen, we are committed to operational excellence for sustainability and contributing to a greener supply chain for the future. In doing so we continue to meet and exceed our various stakeholders' expectations in relation to corporate governance, environmental protection, community care and employee development and welfare," Mr Tung said. In addition to the company's commitment to the FTSE4Good Index, OOIL is a founding constituent of, as well as listed in, the Hang Seng Corporate Sustainability Index since its establishment in 2010. Only the top 30 companies are listed in the Hang Seng Corporate Sustainability Index to recognise the outstanding scores they receive in areas including corporate governance, social impact, and environmental care. Working with international organisations such as the World Shipping Council (WSC) and Clean Cargo Working Group (CCWG) has also been an important part of OOIL's ongoing journey to environmental stewardship by fostering continuous improvement in the environmental and social performance aspects of freight transport and promoting best practices in the industry.