Asia-express Logistics Holdings Limited
Climate Impact & Sustainability Data (2017-03 to 2019-09)
Reporting Period: 2017-03 to 2019-09
Environmental Metrics
Climate Goals & Targets
Short-term Goals:
- Expand and upgrade transportation fleet by acquiring 33 trucks.
Environmental Challenges
- Supply chain disruptions due to the COVID-19 outbreak.
- Trade war between the PRC and the United States.
- Customer concentration (heavy reliance on Top Global Express Carrier).
Mitigation Strategies
- Implemented flexible rotation arrangements for staff in the PRC.
- Developed contingency plans including cost control measures (reducing staff costs, not renewing tenancy agreements, selling transportation fleet).
- Successfully renewed major air cargo terminal operation services agreement with Top Global Express Carrier.
- Secured new contracts with Hong Kong Air Cargo Terminal Operator, German-based Express Carrier, and Top Global Logistics Company.