Qingdao Port International Co., Ltd. (青島港國際股份有限公司)
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environment Protection
- Employee Care
- Community Care
Environmental Achievements
- Completed construction of 1 set of container terminal shore power, built 37 sets of charging piles, and promoted the application of frequency conversion technology, hybrid power, potential energy feedback and other technologies.
- QQCTU, a joint venture of the Group, obtained the green port 4-star rating.
- Newly planted 1,336 arbors, around 0.2 million bushes, 33,000 square meters of lawn, and more than 0.7 million seasonal flowers in the four principal port areas.
- Completed an accumulated pesticide application of 36.36 million square meters for vector destruction in its port areas.
Social Achievements
- 300 employees obtained various professional and technical titles, 209 employees were qualified as senior workers, technicians and senior technicians.
- Organized 20 sessions of training on 10 topics including employee epidemic prevention and control knowledge training and new middle-level cadres training. Employee training coverage rate reached 100%, and the average training time for employees is more than 32 hours per year.
- Implemented safety training for all employees and safety rotation training for key positions.
- Many subsidiaries were rated as “City-level Benchmarking Enterprise” for safety management.
- Donated RMB1 million to fight against COVID-19 epidemic; RMB192,000 to build “Hope House”; air conditioners worth RMB270,000 to Guangxi; RMB90,000 to assist the charity branch of Qingdao Women Entrepreneurs Association.
Governance Achievements
- Strengthened cost reduction and efficiency enhancement, and carried out activities including “saving RMB0.1 per ton of cargo and saving one minute in each business process”.
- Deepened corporate reforms, promoted delicacy management, and strengthened corporate modern corporate governance capabilities.
- Complied with all code provisions set out in the Corporate Governance Code contained in Appendix 14 to the Hong Kong Listing Rules during the year ended 31 December 2020.
Climate Goals & Targets
Environmental Challenges
- Volatility in the global economy and world trade impacting import and export business.
- Dependence on the economic development of the hinterland.
- Adjustment of port rates by governmental authorities.
Mitigation Strategies
- Actively integrated into the new development pattern, seized strategic opportunities, improved quality, efficiency and innovative development.
- Strengthened the construction of the transportation system and inland network, providing its customers with an “one-stop” integrated logistics service.
- Strengthened internal management in an all-round way to ensure stable and sound development.
Supply Chain Management
Responsible Procurement
- Certain requirements included in standard tender documents, including regulatory compliance, labour practices, anti-corruption and other business ethics.
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Hydrogen energy trucks
- Hydrogen-powered automated rail cranes
Awards & Recognition
- Model of the Times