XINDE MARINE NEWS
OOIL Listed in Dow Jones Sustainability Asia/Pacific Index for its Outstanding ESG Performance OOIL 2022-12-22 09:45


Orient Overseas (International) Limited (HKEX.0316) ("OOIL" or “the group”), the parent company of Orient Overseas Container Line (OOCL) and OOCL Logistics, was selected by Dow Jones Sustainability Indices (DJSI) to become a constituent of Dow Jones Sustainability Asia/Pacific Index, effective from 19th December 2022.

Established in 1999, the renowned Dow Jones Sustainability Indices (DJSI), were the first sustainability benchmarks available in the market to track the financial performance of the world’s leading companies in terms of environmental, social responsibility and governance (ESG). Constituents of DJSI were identified by their S&P Global ESG Score, which were calculated using the results of their annual Corporate Sustainability Assessment (CSA), an integrated assessment of governance & economic, environmental, and social criteria with a strong focus on long-term shareholder value. This year, 13,800 companies were invited to complete the CSA, with 3,519 of them being eligible for selection into a Dow Jones Sustainability Index (DJSI). OOIL was pleased to be listed in the Dow Jones Sustainability Asia/Pacific Index, following its first participation in the CSA process. As a member of the DJSI series, the Dow Jones Sustainability Asia/Pacific Index was designed to measure the performance of Asia-Pacific sustainability leaders and consists of 156 companies which are the top performers in their regions.

Inclusion in the Dow Jones Sustainability Indices is clear and valuable recognition of OOIL’s outstanding performance in environmental, social, and governance practices and in ESG disclosures. As one of the world’s largest integrated container transportation and logistics services providers, the Group has consistently taken a leadership role in advancing sustainability, through implementing numerous initiatives to address environmental and business challenges. In the future, environmental, social and governance will continue to be at the core of the Group’s operations.

About Orient Overseas (International) Limited

Orient Overseas (International) Limited (“OOIL”), a company with total revenues in excess of US$16.8 billion, has principal business activities in container transport and logistics services. Listed on The Stock Exchange of Hong Kong, the OOIL Group has around 420 offices in about 90 countries/regions.

Orient Overseas Container Line and OOCL are trade names for transportation provided separately by Orient Overseas Container Line Limited ("OOCLL") and OOCL (Europe) Limited respectively and both are wholly-owned subsidiaries of OOIL. OOCL is one of the world's largest integrated international transportation and logistics companies and is an industry leader in the use of information technology and e-commerce to manage the entire cargo transport process. OOCL's modern fleet today includes some of the youngest, largest, fuel efficient, and environmentally friendly vessels carrying cargo on hundreds of trade routes around the world, providing a vital link in Global Trade.

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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