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A.General introduction B.Strategy
and management
C1.
Econom
C3.
Products
C4.
Labors
C5.Human
Rights
C6.
Society
Third party auditing opinions Table of Articles in GRI Report Guidance
   
      Management measures
      Performance indicators
  1、 Raw materials
  2、 Energy
  3、 Water resources
  4、 Biological diversity
  5、 Emission, sewage and waste
  6、 Products and services
  7、 Regulations
  8、 Traffic transportation
  9、 General situation
 
 
Management measures
1. Target and achievement:
COSCO Group has set the guidelines of environmental protection as "comprehensive management, cherishing resource, protecting environmentó and "COSCO Group is committed to protecting environment and cherishing global resources, and supports and participates in ecological protection activities as a social liability undertaker to initiatively improve enterprises' environmental protection system", taking the safety and the environment protection as an important part of its engagement. COSCO strictly implements all rules and regulations on environment protection of domestic laws and regulations as well as international conventions, actively performs applicable suggested standards, conditions and related requirements on environment protection at home and abroad. By using technology renovation, protecting limited resources and taking effective measures, COSCO makes efforts to protect the beautiful environments that human beings are relying on. In 2006, COSCO was free from any environment pollution accidents and the accompanied surcharges.
2. Policies and regulations:
COSCO Group has issued the Guiding Suggestions for COSCO to Build up Thrift Enterprise and Implement Global Compact, for which subsidiaries of the group have developed settlement solutions and implementation details while establishing corresponding procedures, notices and operating instruction. COSCO has introduced into the IS014000 Environmental Management Standard to establish its environmental management system. Major second-tier subsidiaries of the group have introduced into the IS014000 Environmental Management System, established and ran the environment management system. Some subsidiaries have passed the third-party certification, while others are organizing the third-party certification in succession. Meanwhile, all shipping companies have introduced into the International Safety Management Code (ISMC) to establish their pollution prevention management system. By carrying out corresponding management measures and solutions, they are making efforts to conform to all applicable environment-related international conventions & rules, Chinese rules & regulations and other requirements to prevent the damages to the environment.
3.Organizational liabilities:
The Safety Supervision Division is responsible for the environmental protection of COSCO. Each subsidiary has set up administrative department or specific positions for environmental protection, which are mainly responsible for tracking and analyzing the related trends of international and domestic environment protection, researching and stipulating policies and measures related to environment protection, supervising and guiding positions at all levels to effectively execute the solutions related to the environment protection, dealing with and correcting the errors to environment protection work. The group's executive vice president for environmental protection is responsible for supervision and coordination, and the management of subsidiaries for supervising the implementation. For ships, the captain, the No.1 responsible person for the energy conserving, and chief engineer officer, the No.2, are supposed to study the rules of energy conserving in earnest, pay attention to each process of the energy conserving, and establish responsibility system. The energy conserving management system should be perfected to set up energy conserving incentive mechanism, which is beneficial to energy conserving, consumption decrease and environment protection improvement.
4. Training and publicizing:
By effectively running the quality and environment management systems, COSCO includes the environment protection-related content into the annual training program and tentative training programs, implementing the training programs through entrusting external training, organizing internal training and afterhours self-studying. At the same time, COSCO organizes the heads of the environment management systems and staff related to the environment management for knowledge updating and management skill training so as to improve the environment protection awareness and the environment protection management of employees. COSCO's environment reports and sustainable report as well as related environment information are uploaded to the portal website and LANs for internal employees and the public to look up the company's polices, guideline and performance on environment. In 2006, the expenses paid by COSCO and its subsidiaries to the employed persons for environment education and training amounted to RMB348,000.
5.Supervision and certification:
Based on internal and external auditing procedures, routine and annual evaluation procedures and the opinion solicitation from stakeholders on the environment management system, COSCO enhances the supervision over the environment-related behaviors and improves the imperfectness correcting and prevention procedures, thus constantly improving the company's environment performance and building a secure and environment-friendly PDCA recycling management system. COSCO has established its safety supervisor system to supervise shipping companies' environmental management and ISMC operation. Shipping companies have conducted internal auditing for all owned ships on schedule, gathered unqualified problems found in the auditing, given analysis, found pervasive problems and made correction. In addition, the onsite checking is conducted for the ships arriving in overseas ports through COSCO's overseas ship engineering outlets, including the checking on the environment protection implemented by ships. COSCO's environment management system has been passed the joint certification of DNV and CSS, and the environment management systems of the subsidiaries are organizing the certification.
 * Symbol
 — The system is not applicable for the company
 
 
Cosco 2007.12