Hong Kong-based Orient Overseas Container Line announced another milestone in its efforts to combat green house gas emissions in its operations and the day-to-day running of its businesses.
As part of the company’s long-term commitment to protecting the environment and reducing emissions where it operates, OOCL has now met its GHG verification targets spanning from Scopes 1 to 3. OOCL said yesterday that its GHG Scope 3 reporting and verification had been expanded to include indirect emissions from business travel by air for employees of the Hong Kong office and from the company’s container terminals in Long Beach, USA and Kaohsiung in Taiwan.
“Given our excellent progress and solid track record in GHG reductions, we believe the comprehensive data disclosure and the expanded verification commitments we have made demonstrates how serious and successful we have been in integrating sustainability into our corporate strategy and promoting best practices in the industry.” said Mr. Stephen Ng, director of Trades of OOCL. “We will not be complacent and as we move forward, we will continue to review our ESG targets and strategies to meet the evolving needs and expectations of our stakeholders and to further strengthen our sustainability profile.”
Verified by Lloyd’s Register Quality Assurance, this is the fifth consecutive year that OOCL has achieved dual reporting standards through the use of Clean Cargo Working Group and ISO 14064-1:2006 verification tools to certify the transparency, accuracy, completeness, consistency and relevance of OOCL’s data disclosure on Greenhouse Gas emissions.
Commenting on the achievement, Mr. Piet Mast, senior vice president, Regional Marine and Offshore manager, South Asia, Middle East and Africa of Lloyd‘s Register said: “By continuing to stay committed to reducing greenhouse gas emission, OOCL has once again demonstrated to LR a robust system and process in greenhouse gas emission reporting. Meanwhile OOCL remains in compliance with BSR CCWG’s procedures and guidance, which is another strong indicator in sustainability. We have full faith that OOCL will continue to have this as a priority in the forthcoming years.”
OOCL said it is committed to reaching higher standards and transparency levels in its GHG reporting in accordance with the “Greenhouse Gas Protocol – A Corporate Accounting and Reporting Standard.”
In addition to our work related to GHG, OOCL has also been taking a leadership role in building our Environmental, Social and Governance (ESG) profile to tackle a wider spectrum of environmental challenges we face across the industry, the company declared.
In May this year, OOCL was recognised for its outstanding green leadership at the HKAEE Awards. In the same month the company took the Gold Award at the BOCHK Corporate Environmental Leadership Awards.