Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Investing in our People
• Diversity, Equity and Inclusion (DEI)
• Partnering with our Global Communities
• Supply Chain Management
• Governance and Business Ethics

Environmental Achievements

• Supported the change from solvent-based to water-based paints for the container industry, leading to a reduction in VOC emissions.
• Transitioned to bamboo flooring from tropical hardwood plywood, harvested from certified plantations.
• Acquired the newest generation of refrigerated containers that minimize energy usage, thus reducing CO2 emissions.

Social Achievements

• 5.5% employee turnover rate in 2022.
• Zero safety incidents reported in 2022.
• Donated funds to direct charitable contributions and provided containers and in-kind assistance for disaster relief efforts.

Governance Achievements

• Maintained an independent compensation committee.
• Had an audit and risk committee consisting solely of independent directors.
• Followed majority voting in the election of directors.

Climate Goals & Targets

Environmental Challenges

• Minimizing and managing environmental footprint of container production and operations.
• Maintaining a safe and healthy work environment for employees globally.

Mitigation Strategies

• Using waterborne paints, bamboo flooring, and energy-efficient refrigeration machinery in containers.
• Rigorous internal health and safety policies and robust health and safety program.
• IICL standards to ensure container safety.

Supply Chain Management

Supplier Audits: 100% of Tier 1 suppliers assessed for quality controls in the last three years

Responsible Procurement

• Transition to container flooring using farmed wood (larch, birch, eucalyptus, bamboo).
• Support for industry efforts to reduce wood content in containers.
• Transition to waterborne paint.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, Greenhouse Gas Protocol