Climate Change Data

COSCO CAPITAL, INC.

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Governance Achievements

  • Adopted a Revised Manual on Corporate Governance in May 2017.
  • Conducted annual corporate governance training for directors and officers (before the pandemic).

Climate Goals & Targets

Environmental Challenges

  • Market risk (competition, supply, credit, pricing)
  • Regulation and compliance risk
  • Environmental risk (climate change, oil exploration)
Mitigation Strategies
  • Market research to maximize market coverage and penetrate targeted customers
  • Regular monitoring of inventories
  • Credit and collection policy
  • Continuous expansion and revenue growth
  • Monitoring issuances/protocols from regulating bodies
  • Careful site selection for real estate
  • Compliance with environmental legislation

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding, erosion, other unforeseen calamities

Reporting Period: 2022

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Market risk (competition, supply shortage and disruption, price volatility, credit risk, pricing risk)
  • Regulation and compliance risk (changes in policies or regulations, lapse of approval from regulatory authorities)
  • Environmental risk (climate change effects on real estate, environmental risks and hazards in oil exploration and development)
Mitigation Strategies
  • Market research to locate areas to maximize market coverage and penetrate its targeted customers; dealing with many suppliers; maintaining a credit and collection policy; continuous expansion and revenue growth; developing better competitive pricing strategies; carefully selecting real estate sites; monitoring the validity period of licenses and permits; complying with governmental regulations; constant communication with authorities; updating itself with new laws and regulations.

Supply Chain Management

Responsible Procurement
  • Puregold selects its suppliers using several criteria, including product assortment and quality, market share of the company in a particular supplier's location, brand reputation, supplier's capacity, business plans and budgets, logistic possibilities, and compliance with Puregold's economic principles.

Climate-Related Risks & Opportunities

Physical Risks
  • flooding, erosion, and other unforeseen calamities