2024-03-26-上交所-2023年环境_社会及管治报告（英文版）_44页_45mb

Summary of Shanghai Zhonggu Logistics 2023 ESG Report

Introduction

Shanghai Zhonggu Logistics Co., Ltd., listed on the SSE (stock code 603565), published its 2023 Environmental, Social, and Governance (ESG) report. The report covers the period from January 1 to December 31, 2023, focusing on environmental performance, social responsibility, and corporate governance. Key achievements include fleet upgrades for green shipping and digital transformation to support sustainable logistics.

Environmental Performance

The company prioritized low-carbon shipping, with a 29.77% reduction in GHG emissions intensity compared to 2022. Initiatives like "shipping loose cargo via containers" helped decrease carbon emissions by approximately 202,942 tons during multimodal transport trials. Digital tools were integrated to optimize routes, reduce fuel consumption, and enhance efficiency, contributing to China's carbon neutrality goals under the Paris Agreement.

Social Responsibility

Zhonggu Logistics emphasized employee welfare, with a low overall turnover rate of 15.52% and high satisfaction (97%). The company implemented comprehensive training programs, reaching over 22,328 trainee hours, and provided fair wages through performance-linked compensation. Public welfare efforts included donating RMB 200,000, mobilizing 12,000 volunteer hours, and supporting community activities, aligning with UN SDGs for sustainable development.

Governance

The governance structure is robust, with a three-tiered board overseeing ESG performance. Compliance with Chinese and international regulations was ensured through risk management systems and anti-corruption measures. Stakeholder engagement was enhanced, focusing on transparency and ethical operations to build trust and support long-term sustainability.

Key Highlights and Achievements

• Financial performance improved with cash dividends totaling RMB 1.512 billion, distributing 88.05% of net profits.
• Digital transformation accelerated through platforms like the Zhonggu E-commerce system, enhancing logistics efficiency.
• Environmental targets were met, with emissions reductions and conservation efforts, including 44 ships equipped with shore power.
• Future commitments include expanding train multimodal routes and continuing low-carbon innovations to meet carbon goals.

The company remains dedicated to balancing economic growth with environmental and social responsibilities, fostering a sustainable logistics ecosystem.