Home
Please click here for video edition of the report
 
 
 
G3 Content Index
STANDARD DISCLOSURES PART I: Profile Disclosures
1. Strategy and Analysis
Profile Disclosure Description Reference Reason Explanation
1.1 Statement from the most senior decision-maker of the organization Part A General information /1. Statement of the President    
1.2 Description of key impacts, risks, and opportunities. Part B Strategy and management/1.Strategy and analysis of risks and opportunities/2. Analysis on primary influences, risks, opportunities and countermeasures of sustainable development    
2. Organizational Profile
Profile Disclosure Description Reference Reason Explanation
2.1 Name of the organization. Part A General information /2.General information of COSCO Group    
2.2 Primary brands, products, and/or services. Part A General information / 2.General information of COSCO Group    
2.3 Operational structure of the organization, including main divisions, operating companies, subsidiaries, and joint ventures. Part A General information / 2.General information of COSCO Group;4.Global Compact and sustainable development    
2.4 Location of organization's headquarters. Part A General information / 2.General information of COSCO Group    
2.5 Number of countries where the organization operates, and names of countries with either major operations or that are specifically relevant to the sustainability issues covered in the report. Part A General information / 2.General information of COSCO Group    
2.6 Nature of ownership and legal form. Part A General information /2.General information of COSCO Group;4.Global Compact and sustainable development    
2.7 Markets served (including geographic breakdown, sectors served, and types of customers/beneficiaries). Part A General information /2.General information of COSCO Group;4.Global Compact and sustainable development    
2.8 Scale of the reporting organization. Part A General information /2.General information of COSCO Group;4.Global Compact and sustainable development    
2.9 Significant changes during the reporting period regarding size, structure, or ownership. Part A General information /2.General information of COSCO Group;4.Global Compact and sustainable development    
2.10 Awards received in the reporting period. Part A General information /6.Awards    
3. Report Parameters
Profile Disclosure Description Reference Reason Explanation
3.1 Reporting period (e.g., fiscal/calendar year) for information provided. Part A General information/3.General information of the report/1)General information of COSCO Group    
3.2 Date of most recent previous report (if any). Part A General information/5.Global Compact and sustainable development /2)Implementation of Global Compact and sustainable development at COSCO Group in 2007    
3.3 Reporting cycle (annual, biennial, etc.) Part A General information/3.General information of the report/1)General information of COSCO Group    
3.4 Contact point for questions regarding the report or its contents. Part A General information/3.General information of the report/1)General information of COSCO Group    
3.5 Process for defining report content. Part A General information/3.General information of the report/1)General information of COSCO Group    
3.6 Boundary of the report (e.g., countries, divisions, subsidiaries, leased facilities, joint ventures, suppliers). See GRI Boundary Protocol for further guidance. Part A General information/3.General information of the report/1)General information of COSCO Group    
3.7 State any specific limitations on the scope or boundary of the report (see completeness principle for explanation of scope). Part A General information/3.General information of the report/1)General information of COSCO Group    
3.8 Basis for reporting on joint ventures, subsidiaries, leased facilities, outsourced operations, and other entities that can significantly affect comparability from period to period and/or between organizations. Part A General information/3.General information of the report/1)General information of COSCO Group    
3.9 Data measurement techniques and the bases of calculations, including assumptions and techniques underlying estimations applied to the compilation of the Indicators and other information in the report. Explain any decisions not to apply, or to substantially diverge from, the GRI Indicator Protocols. Part A General information/3.General information of the report/1)General information of COSCO Group    
3.10 Explanation of the effect of any re-statements of information provided in earlier reports, and the reasons for such re-statement (e.g.,mergers/acquisitions, change of base years/periods, nature of business, measurement methods). Part A General information/3.General information of the report/1)General information of COSCO Group    
3.11 Significant changes from previous reporting periods in the scope, boundary, or measurement methods applied in the report. Part A General information/3.General information of the report/1)General information of COSCO Group    
3.12 Table identifying the location of the Standard Disclosures in the report. Part F GRI index    
3.13 Policy and current practice with regard to seeking external assurance for the report. Part A General information/3.General information of the report/1)General information of COSCO Group    
4. Governance, Commitments, and Engagement
Profile Disclosure Description Reference Reason Explanation
4.1 Governance structure of the organization, including committees under the highest governance body responsible for specific tasks, such as setting strategy or organizational oversight. Part B Strategy and management/2.Corporate governance structure/1)top management team, 2)committees    
4.2 Indicate whether the Chair of the highest governance body is also an executive officer. Part B Strategy and management/2.Corporate governance structure/1)top management team    
4.3 For organizations that have a unitary board structure, state the number of members of the highest governance body that are independent and/or non-executive members.   Not applicable  
4.4 Mechanisms for shareholders and employees to provide recommendations or direction to the highest governance body. Part B Strategy and management/2.Corporate governance structure/3)decision-making mechanism, 4)communication mechanism    
4.5 Linkage between compensation for members of the highest governance body, senior managers, and executives (including departure arrangements), and the organization's performance (including social and environmental performance). Part B Strategy and management/2.Corporate governance structure/6)Mechanism for supervision on top management team, 7)performance evaluation mechanism    
4.6 Processes in place for the highest governance body to ensure conflicts of interest are avoided. Part B Strategy and management/2.Corporate governance structure/6)Mechanism for supervision on top management team, 7)performance evaluation mechanism    
4.7 Process for determining the qualifications and expertise of the members of the highest governance body for guiding the organization's strategy on economic, environmental, and social topics. Part B Strategy and management/2.Corporate governance structure/6)Mechanism for supervision on top management team, 7)performance evaluation mechanism    
4.8 Internally developed statements of mission or values, codes of conduct, and principles relevant to economic, environmental, and social performance and the status of their implementation. Part B Strategy and management/2.Corporate governance structure/5)Mission implementation    
4.9 Procedures of the highest governance body for overseeing the organization's identification and management of economic, environmental, and social performance, including relevant risks and opportunities, and adherence or compliance with internationally agreed standards, codes of conduct, and principles. Part B Strategy and management/4.Major policies and management systems    
4.10 Processes for evaluating the highest governance body's own performance, particularly with respect to economic, environmental, and social performance. Part B Strategy and management/4.Major policies and management systems    
4.11 Explanation of whether and how the precautionary approach or principle is addressed by the organization. Part A General information/5.Global Compact and sustainable development; Part B Strategy and management/4.Major policies and management systems    
4.12 Externally developed economic, environmental, and social charters, principles, or other initiatives to which the organization subscribes or endorses. Part B Strategy and management/2.Corporate governance structure/6)Mission implementation    
4.13 Memberships in associations (such as industry associations) and/or national/international advocacy organizations in which the organization: * Has positions in governance bodies; * Participates in projects or committees; * Provides substantive funding beyond routine membership dues; or * Views membership as strategic. Part B Strategy and management/2.Corporate governance structure/9)Participation in associations    
4.14 List of stakeholder groups engaged by the organization. Part B Strategy and management/3.Participation of stakeholders    
4.15 Basis for identification and selection of stakeholders with whom to engage. Part B Strategy and management/3.Participation of stakeholders    
4.16 Approaches to stakeholder engagement, including frequency of engagement by type and by stakeholder group. Part B Strategy and management/3.Participation of stakeholders    
4.17 Key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded to those key topics and concerns, including through its reporting. Part B Strategy and management/3.Participation of stakeholders    
  STANDARD DISCLOSURES PART II: Disclosures on Management Approach (DMAs) 
G3 DMA Description Reference    
DMA EC Disclosure on Management Approach EC Part C1 Economic performance indicators and theme report/1.Management approaches    
DMA EN Disclosure on Management Approach EN Part C2 Environmental performance indicators and theme report/1.Management approaches    
DMA LA Disclosure on Management Approach LA Part C4 Labor relation performance indicators and theme report/1.Management approaches    
DMA HR Disclosure on Management Approach HR Part C5 Human rights performance indicators and theme report/1.Management approaches    
DMA SO Disclosure on Management Approach SO Part C6 Social performance indicators and theme report/1.Management approaches    
DMA PR Disclosure on Management Approach PR Part C3 Product liability performance indicators and theme report/1.Management approaches    
  STANDARD DISCLOSURES PART III: Performance Indicators
Economic
Performance Indicator Description Reference Reason Explanation
EC1 Direct economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments. Part C1 Economic performance indicators and theme report/2. Performance indicators/1) Direct economic value created    
EC2 Financial implications and other risks and opportunities for the organization's activities due to climate change. Part C1 Economic performance indicators and theme report/2. Performance indicators/2)Financial inputs for climate changes    
EC3 Coverage of the organization's defined benefit plan obligations. Part C1 Economic performance indicators and theme report/2. Performance indicators/3) Fixed welfare plans    
EC4 Significant financial assistance received from government. Part C1 Economic performance indicators and theme report/2. Performance indicators/4) Financial supports provided by the Government    
EC5 Range of ratios of standard entry level wage compared to local minimum wage at significant locations of operation. Part C1 Economic performance indicators and theme report/2. Performance indicators/5) Minimum salary and comparison with the standards    
EC6 Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation. Part C1 Economic performance indicators and theme report/2. Performance indicators/6) Procurement and supplier    
EC7 Procedures for local hiring and proportion of senior management hired from the local community at significant locations of operation. Part C1 Economic performance indicators and theme report/2. Performance indicators/7) COSCO Group¨s procedures of employing local employees in important operational places and the proportion of local senior executives    
EC8 Development and impact of infrastructure investments and services provided primarily for public benefit through commercial, in-kind, or pro bono engagement. Part C1 Economic performance indicators and theme report/2. Performance indicators/8) Infrastructure investment and services for public welfares by providing materials or free professional services through commercial activities, and the influences    
EC9 Understanding and describing significant indirect economic impacts, including the extent of impacts. Part C1 Economic performance indicators and theme report/2. Performance indicators/9) Indirect economic influences -- COSCO Group's input on technology R&D and informationization and achievements    
Environmental
Performance Indicator Description Reference Reason Explanation
EN1 Materials used by weight or volume. Part C2 Environmental performance indicators and theme report/2. Performance indicators/1) Raw materials    
EN2 Percentage of materials used that are recycled input materials. Part C2 Environmental performance indicators and theme report/2. Performance indicators/1) Raw materials    
EN3 Direct energy consumption by primary energy source. Part C2 Environmental performance indicators and theme report/2. Performance indicators/2) Energy    
EN4 Indirect energy consumption by primary source. Part C2 Environmental performance indicators and theme report/2. Performance indicators/2) Energy    
EN5 Energy saved due to conservation and efficiency improvements. Part C2 Environmental performance indicators and theme report/2. Performance indicators/2) Energy    
EN6 Initiatives to provide energy-efficient or renewable energy based products and services, and reductions in energy requirements as a result of these initiatives. Part C2 Environmental performance indicators and theme report/2. Performance indicators/2) Energy    
EN7 Initiatives to reduce indirect energy consumption and reductions achieved. Part C2 Environmental performance indicators and theme report/2. Performance indicators/2) Energy    
EN8 Total water withdrawal by source. Part C2 Environmental performance indicators and theme report/2. Performance indicators/3) Water resources    
EN9 Water sources significantly affected by withdrawal of water. Part C2 Environmental performance indicators and theme report/2. Performance indicators/3) Water resources    
EN10 Percentage and total volume of water recycled and reused. Part C2 Environmental performance indicators and theme report/2. Performance indicators/3) Water resources    
EN11 Location and size of land owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas. Part C2 Environmental performance indicators and theme report/2. Performance indicators/4) Bio-diversity    
EN12 Description of significant impacts of activities, products, and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas. Part C2 Environmental performance indicators and theme report/2. Performance indicators/4) Bio-diversity    
EN13 Habitats protected or restored. Part C2 Environmental performance indicators and theme report/2. Performance indicators/4) Bio-diversity    
EN14 Strategies, current actions, and future plans for managing impacts on biodiversity. Part C2 Environmental performance indicators and theme report/2. Performance indicators/4) Bio-diversity    
EN15 Number of IUCN Red List species and national conservation list species with habitats in areas affected by operations, by level of extinction risk. Part C2 Environmental performance indicators and theme report/2. Performance indicators/4) Bio-diversity    
EN16 Total direct and indirect greenhouse gas emissions by weight. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN17 Other relevant indirect greenhouse gas emissions by weight. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN18 Initiatives to reduce greenhouse gas emissions and reductions achieved. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN19 Emissions of ozone-depleting substances by weight. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN20 NOx, SOx, and other significant air emissions by type and weight. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN21 Total water discharge by quality and destination. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN22 Total weight of waste by type and disposal method. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN23 Total number and volume of significant spills. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN24 Weight of transported, imported, exported, or treated waste deemed hazardous under the terms of the Basel Convention Annex I, II, III, and VIII, and percentage of transported waste shipped internationally. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN25 Identity, size, protected status, and biodiversity value of water bodies and related habitats significantly affected by the reporting organization's discharges of water and runoff. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN26 Initiatives to mitigate environmental impacts of products and services, and extent of impact mitigation. Part C2 Environmental performance indicators and theme report/2. Performance indicators/6) Products and services    
EN27 Percentage of products sold and their packaging materials that are reclaimed by category. Part C2 Environmental performance indicators and theme report/2. Performance indicators/5) Exhaust gas, sewage and waste    
EN28 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations. Part C2 Environmental performance indicators and theme report/2. Performance indicators/7) Regulations    
EN29 Significant environmental impacts of transporting products and other goods and materials used for the organization's operations, and transporting members of the workforce. Part C2 Environmental performance indicators and theme report/2. Performance indicators/8) Traffic transportation    
EN30 Total environmental protection expenditures and investments by type. Part C2 Environmental performance indicators and theme report/2. Performance indicators/9) General situation    
Social: Labor Practices and Decent Work
Performance Indicator Description Reference Reason Explanation
LA1 Total workforce by employment type, employment contract, and region. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/1) Employee employment    
LA2 Total number and rate of employee turnover by age group, gender, and region. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/1) Employee employment    
LA3 Benefits provided to full-time employees that are not provided to temporary or part-time employees, by major operations. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/1) Employee employment    
LA4 Percentage of employees covered by collective bargaining agreements. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/2) Relations between labors and management team    
LA5 Minimum notice period(s) regarding significant operational changes, including whether it is specified in collective agreements. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/2) Relations between labors and management team    
LA6 Percentage of total workforce represented in formal joint management-worker health and safety committees that help monitor and advise on occupational health and safety programs. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/3) Occupational health & safety    
LA7 Rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities by region. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/3) Occupational health & safety    
LA8 Education, training, counseling, prevention, and risk-control programs in place to assist workforce members, their families, or community members regarding serious diseases. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/3) Occupational health & safety    
LA9 Health and safety topics covered in formal agreements with trade unions. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/3) Occupational health & safety    
LA10 Average hours of training per year per employee by employee category. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/4) Training and evaluation    
LA11 Programs for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/4) Training and evaluation    
LA12 Percentage of employees receiving regular performance and career development reviews. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/4) Training and evaluation    
LA13 Composition of governance bodies and breakdown of employees per category according to gender, age group, minority group membership, and other indicators of diversity. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/4) Training and evaluation    
LA14 Ratio of basic salary of men to women by employee category. Part C4 Labor relation performance indicators and theme report/2. Performance Indicators/4) Training and evaluation    
Social: Human Rights
Performance Indicator Description Reference Reason Explanation
HR1 Percentage and total number of significant investment agreements that include human rights clauses or that have undergone human rights screening. Part C5 Human rights performance indicators and theme report/2. Performance Indicators/1) Investment and purchase    
HR2 Percentage of significant suppliers and contractors that have undergone screening on human rights and actions taken. Part C5 Human rights performance indicators and theme report/2. Performance Indicators/1) Investment and purchase    
HR3 Total hours of employee training on policies and procedures concerning aspects of human rights that are relevant to operations, including the percentage of employees trained. Part C5 Human rights performance indicators and theme report/2. Performance Indicators/1) Investment and purchase    
HR4 Total number of incidents of discrimination and actions taken. Part C5 Human rights performance indicators and theme report/2. Performance Indicators/2) Non-discrimination    
HR5 Operations identified in which the right to exercise freedom of association and collective bargaining may be at significant risk, and actions taken to support these rights. Part C5 Human rights performance indicators and theme report/2. Performance Indicators/3) Freedom of association and collective negotiation    
HR6 Operations identified as having significant risk for incidents of child labor, and measures taken to contribute to the elimination of child labor. Part C5 Human rights performance indicators and theme report/2. Performance Indicators/4) Child labor    
HR7 Operations identified as having significant risk for incidents of forced or compulsory labor, and measures to contribute to the elimination of forced or compulsory labor. Part C5 Human rights performance indicators and theme report/2. Performance Indicators/5) Enforced and compelled labor    
HR8 Percentage of security personnel trained in the organization's policies or procedures concerning aspects of human rights that are relevant to operations. Part C5 Human rights performance indicators and theme report/2. Performance Indicators/6) Safety and security    
HR9 Total number of incidents of violations involving rights of indigenous people and actions taken. Part C5 Human rights performance indicators and theme report/2. Performance Indicators/7) Rights of indigenous people    
Social: Society
Performance Indicator Description Reference Reason Explanation
SO1 Nature, scope, and effectiveness of any programs and practices that assess and manage the impacts of operations on communities, including entering, operating, and exiting. Part C6 Social performance indicators and theme report/2. Performance indicators/1) Community    
SO2 Percentage and total number of business units analyzed for risks related to corruption. Part C6 Social performance indicators and theme report/2. Performance indicators/2) Anti-corruption    
SO3 Percentage of employees trained in organization's anti-corruption policies and procedures. Part C6 Social performance indicators and theme report/2. Performance indicators/2) Anti-corruption    
SO4 Actions taken in response to incidents of corruption. Part C6 Social performance indicators and theme report/2. Performance indicators/2) Anti-corruption    
SO5 Public policy positions and participation in public policy development and lobbying. Part C6 Social performance indicators and theme report/2. Performance indicators/3) Public policies    
SO6 Total value of financial and in-kind contributions to political parties, politicians, and related institutions by country. Part C6 Social performance indicators and theme report/2. Performance indicators/3) Public policies    
SO7 Total number of legal actions for anti-competitive behavior, anti-trust, and monopoly practices and their outcomes. Part C6 Social performance indicators and theme report/2. Performance indicators/4) Anti-competitive practices:?    
SO8 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations. Part C6 Social performance indicators and theme report/2. Performance indicators/5) Conformity with laws and regulations    
Social: Product Responsibility?
Performance Indicator Description Reference Reason Explanation
PR1 Life cycle stages in which health and safety impacts of products and services are assessed for improvement, and percentage of significant products and services categories subject to such procedures. Part C3 Product liability performance indicators and theme report/2. Performance indicators/1) Customer health and safety    
PR2 Total number of incidents of non-compliance with regulations and voluntary codes concerning health and safety impacts of products and services during their life cycle, by type of outcomes. Part C3 Product liability performance indicators and theme report/2. Performance indicators/1) Customer health and safety    
PR3 Type of product and service information required by procedures, and percentage of significant products and services subject to such information requirements. Part C3 Product liability performance indicators and theme report/2. Performance indicators/2) Product and service logo    
PR4 Total number of incidents of non-compliance with regulations and voluntary codes concerning product and service information and labeling, by type of outcomes. Part C3 Product liability performance indicators and theme report/2. Performance indicators/2) Product and service logo    
PR5 Practices related to customer satisfaction, including results of surveys measuring customer satisfaction. Part C3 Product liability performance indicators and theme report/2. Performance indicators/2) Product and service logo    
PR6 Programs for adherence to laws, standards, and voluntary codes related to marketing communications, including advertising, promotion, and sponsorship. Part C3 Product liability performance indicators and theme report/2. Performance indicators/3) Market promotion and publication    
PR7 Total number of incidents of non-compliance with regulations and voluntary codes concerning marketing communications, including advertising, promotion, and sponsorship by type of outcomes. Part C3 Product liability performance indicators and theme report/2. Performance indicators/3) Market promotion and publication    
PR8 Total number of substantiated complaints regarding breaches of customer privacy and losses of customer data. Part C3 Product liability performance indicators and theme report/2. Performance indicators/4) Customer privacy    
PR9 Monetary value of significant fines for non-compliance with laws and regulations concerning the provision and use of products and services. Part C3 Product liability performance indicators and theme report/2. Performance indicators/5) Law compliance    
 
Cosco 2008.09