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OOIL joins UN Global Compact

OOIL joins UN Global Compact
Orient Overseas (International) Limited (OOIL), the parent company of container line Orient Overseas Container Line (OOCL) and logistics services provider (OOCL Logistics), became the first Hong Kong-based enterprise in the international transportation and logistics industry to join the United Nations Global Compact (UNGC). 

"Through our business strategies, operation, corporate culture, and continual engagement in the Sustainable Development Goals (SDG) set out by United Nations, we are committed to supporting the Ten Principles of the UNGC that sets out fundamental responsibilities in areas such as human rights, labour, environment and anti-corruption," the company said in a press release. It added that it aimed to publish a Communication on Progress (COP) report annually basis to demonstrate its long-term commitment in corporate sustainability, transparency, and accountability.“We are very pleased to be a part of the United Nations Global Compact”, said OOIL chairman CC Tung.

“Over the years, OOIL has been proactively building our Environmental, Social and Governance (ESG) profile.  As a global corporate citizen, we recognize the responsibility and commitment from the business community to take on a leadership role in addressing such important and far reaching global issues. We believe this is an excellent opportunity for us to align UN Global Compact and UN Sustainable Development Goals with the corporate sustainability strategy in our business.”

OOIL has already been very active in working on SDG.  In the latest 2016 Sustainability Report, it introduced new targets and specific action items towards the formulation of relevant SDG to tackle environmental and social issues across industries. "Moving forward, OOIL will continue its commitment to operational excellence for sustainability as it has over the years through areas such as green investments on fuel-efficient vessels, energy-saving terminals, and eco-friendly machineries and equipment," the company said.

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