Climate Change Data

Ocean Network Express (ONE) Pte. Ltd.

Climate Impact & Sustainability Data (2018, 2022, 2023-01-01 to 2024-03-31)

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:10,090,334 tCO2e (Scope 1) + 157.44 tCO2e (Scope 2)
Scope 1 Emissions:10,090,334 tCO2e
Scope 2 Emissions:157.44 tCO2e
Total Energy Consumption:132,220,618 GJ

ESG Focus Areas

  • Greenhouse Gas (GHG) Emissions and other emissions
  • Energy Efficiency in Ships
  • Health and Safety
  • Anti-corruption
  • Tax practices and transparency
  • Customer Service
  • Diversity and Inclusion
  • Oil and Chemical Spills
  • Community Engagement

Environmental Achievements

  • Achieved ISO 14001 certification in Q4 2018.
  • Set ambitious CO2 reduction targets: 25% by 2030 and 50% by 2050 from a 2018 baseline.

Social Achievements

  • Established a whistleblowing hotline for all employees.
  • Zero incidents of discrimination or harassment reported within the Singapore GHQ in 2018.
  • Contributed 47 TEUs of free transportation and container rentals to four non-profit organisations.
  • Employees donated close to US$45,000 to 18 local activities and 1000 volunteer hours.

Governance Achievements

  • Established a high-level Risk Management Committee (RMC) and a Compliance Committee.
  • Received a Silver rating from EcoVadis for CSR efforts in July 2018.

Climate Goals & Targets

Long-term Goals:
  • 50% reduction of CO2 emissions (in gram/teu-km) from 2018 baseline by 2050.
Medium-term Goals:
  • 25% reduction of CO2 emissions (in gram/teu-km) from 2018 baseline by 2030.
Short-term Goals:
  • Minimum 100 vessels inspected in 2019.

Environmental Challenges

  • Climate change remains a key risk issue for the shipping industry.
  • Managing complex tax laws and regulations and unintentional non-compliance.
  • Ensuring high levels of service reliability for customers.
Mitigation Strategies
  • Developed an Environmental Management System (EMS).
  • Implemented a Risk Mitigation Program managed by a Compliance Committee.
  • Developed an in-house vessel performance reporting system and various energy reduction activities.
  • Plans to launch a customer satisfaction survey in 2019.

Supply Chain Management

Supplier Audits: 112 inspections in 2018

Responsible Procurement
  • Supply Chain Management Guideline launched in December 2018.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001

Awards & Recognition

  • EcoVadis Silver CSR Rating

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:9,388,797 tCO2 (Scope 1 & 2)
Scope 1 Emissions:9,388,797 tCO2
Scope 2 Emissions:10,599 tCO2e (market-based), 10,549 tCO2e (location-based)
Renewable Energy Share:1% of total energy use
Total Energy Consumption:121,128 TJ
Carbon Intensity:41.50 gCO2e/TEU-km in 2022

ESG Focus Areas

  • Climate Change
  • Marine Pollution and Biodiversity Conservation
  • Customer Satisfaction
  • Digitalisation and Innovation
  • Employee Health, Safety and Wellbeing
  • Ethical Business Conduct
  • Human Rights and Labour Practices
  • Human Capital Management
  • Physical Operational Excellence
  • Cybersecurity and Data Protection
  • Supporting Local Communities

Environmental Achievements

  • Scope 1 emissions intensity reduced by 58.5% from a 2008 baseline
  • 100% compliance with IMO2020 sulphur limit
  • No significant spills reported for 5 years
  • Continued participation in voluntary Vessel Speed Reduction programmes

Social Achievements

  • Maintained zero fatalities since 2019
  • Average training hours of 10 per employee
  • 98.8% of employees trained on Modern Slavery Act
  • Launched ONE Academy, a group-wide talent management and people development initiative.

Governance Achievements

  • 100% of current employees completed mandatory compliance e-learning
  • Established the Anti-Bribery Risk Assessment Guidelines
  • No significant fines or non-monetary sanctions for noncompliance in 2022

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero emissions for our Scopes 1, 2 and 3 emissions by 2050
Medium-term Goals:
  • 70% reduction of Scope 1 emissions per TEU-km from a 2008 baseline by 2030
  • Deploy first alternative fuel ships by 2030
Short-term Goals:
  • 100% of customer bookings done via digital platform by 2025
  • 100% rollout of Customer Live Chat platform by 2022
  • Less than 14 hours of average downtime per vessel per year

Environmental Challenges

  • Rising geopolitical tensions
  • Continued emphasis on strengthening resilience of supply chains
  • Availability and quality of biofuels
  • Scope 3 emissions reduction
  • Challenging labour market
  • Piracy
Mitigation Strategies
  • Established a new Corporate Strategy & Sustainability department
  • Developed an in-house carbon calculator
  • Biofuel pilot project
  • Full scope 3 screening exercise
  • ONE Academy talent management initiative
  • Various self-defence measures against piracy, cooperation with navies

Supply Chain Management

Supplier Audits: 37 out of 164 new suppliers agreed with SCMG in 2022

Responsible Procurement
  • Supply Chain Management Guidelines
  • ESG clauses in contracts

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards 2021

Certifications: ISO 14001, ISO 9001

Third-party Assurance: PricewaterhouseCoopers LLP

UN Sustainable Development Goals

  • SDG 7
  • SDG 9
  • SDG 13
  • SDG 14

Initiatives related to renewable energy, innovation, climate action, and ocean conservation

Awards & Recognition

  • Silver medal from EcoVadis
  • Carrier of the Year Award from Hellmann Worldwide Logistics
  • Shipping Line of the Year award from Toyota Motor Philippines Logistics Inc.

Reporting Period: 2023-01-01 to 2024-03-31

Environmental Metrics

Total Carbon Emissions:10,270,566 tCO2 (FY2023)
Scope 1 Emissions:10,270,566 tCO2 (FY2023)
Scope 2 Emissions:9,819 tCO2 (market-based FY2023)
Scope 3 Emissions:2,267,155 tCO2e (FY2023)
Renewable Energy Share:1.09% of total energy use (FY2023)
Total Energy Consumption:132,531 TJ (FY2023)
Water Consumption:26.23 ML (FY2023)
Waste Generated:Not disclosed
Carbon Intensity:38.04 gCO2/TEU-km (FY2023)

ESG Focus Areas

  • Environment
  • Social
  • Governance
  • Operational Excellence

Environmental Achievements

  • 62% reduction in Scope 1 emissions intensity
  • Zero significant spills reported
  • 100% compliance with IMO2020 sulphur limit
  • Launched ONE Eco Calculator for customers
  • Obtained Approval in Principle (AiP) for an Ammonia Dual-fueled vessel
  • Announced the construction of twelve 13,000 TEU methanol dual-fuel container ships

Social Achievements

  • Zero fatalities recorded
  • 9.9 average training hours per employee
  • 94% participation rate and 85% engagement score for employee engagement survey
  • 98% of employees trained on the Modern Slavery Act e-learning course
  • Over US$900k in donations to charitable organisations and causes
  • 49,770 hours volunteered by employees for CSR activities

Governance Achievements

  • 93% of employees completed compliance e-learning courses
  • 99% of employees completed Anti-Bribery e-learning course
  • 347 in-person compliance workshops held
  • No incidents or criminal investigations of corruption reported

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero emissions by 2050
Medium-term Goals:
  • Reduce Scope 1 GHG emissions by 70% per TEU-km from a 2008 baseline by 2030
Short-term Goals:
  • 100% of customer bookings by 2025

Environmental Challenges

  • Supply chain disruptions due to geopolitical instabilities and the Red Sea crisis
  • Incomplete data for terminal operations due to recent acquisitions
  • Challenges in collecting detailed waste data at the individual office level
  • Incomplete data on Scope 3 emissions
  • Increased transit times, heightened costs and uncertainty in global supply chains
Mitigation Strategies
  • Transitioning from calendar year to financial year reporting
  • Developing a roadmap to reduce Scope 3 emissions
  • Implementing the ETS surcharge related to maritime and shipping sectors
  • Implementing measures to improve operational and fleet fuel efficiency
  • Investing in greener assets and technologies
  • Expanding the use of onshore power supply (OPS)
  • Establishing green teams and green representatives across regional offices
  • Implementing a new supply chain management system
  • Establishing a dedicated Service Quality Assurance (SQA) team

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • ESG criteria
  • Modern Slavery Act clauses in contracts

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Sea level rise
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards 2021

Certifications: ISO 14001, ISO 9001:2015, AEO (UK, Netherlands), CTPAT

Third-party Assurance: PricewaterhouseCoopers LLP

UN Sustainable Development Goals

  • SDG 7 (Affordable and clean energy)
  • SDG 9 (Industry, innovation and infrastructure)
  • SDG 13 (Climate action)
  • SDG 14 (Life below water)

Explanation found on pages 19-23

Sustainable Products & Innovation

  • ONE Eco Calculator
  • Methanol dual-fuel container ships
  • VentoFoil wind propulsion technology

Awards & Recognition

  • Sapphire award tier in Protecting Blue Whales and Blue Skies VSR program
  • Various awards for ONE Pakistan and ONE India
  • Silver medal from EcoVadis