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Soon-to-be Cosco's OOIL signs UN Global Compact - first in HK to do so
HONG KONG's Orient Overseas (International) Limited (OOIL), soon to be aChina Cosco subsidiary, has announced it has joined of the United Nations Global Compact (UNGC) - the first in Hong Kong to do so.
UNGC members pledge themselves to sustainable development goals set out by UN, human rights, labour, environment and anti-corruption measures.
"To demonstrate our long-term commitment in corporate sustainability, transparency, and accountability, we aim to publish a communication on progress report on an annual basis to describe our efforts in implementing these principles," said OOIL, which owns Orient Overseas Container Line (OOCL).
Said OOIL chairman CC Tung: "We are very pleased to be a part of the United Nations Global Compact. Over the years, OOIL has been proactively building our environmental, social and governance profile."
The UN Global Compact is a call on companies to align their operations a with 10 principles in the areas of human rights, labour, environment and anti-corruption, and to act in support of UN goals. It now has 9,500 participating companies in over 160 countries.
UNGC members pledge themselves to sustainable development goals set out by UN, human rights, labour, environment and anti-corruption measures.
"To demonstrate our long-term commitment in corporate sustainability, transparency, and accountability, we aim to publish a communication on progress report on an annual basis to describe our efforts in implementing these principles," said OOIL, which owns Orient Overseas Container Line (OOCL).
Said OOIL chairman CC Tung: "We are very pleased to be a part of the United Nations Global Compact. Over the years, OOIL has been proactively building our environmental, social and governance profile."
The UN Global Compact is a call on companies to align their operations a with 10 principles in the areas of human rights, labour, environment and anti-corruption, and to act in support of UN goals. It now has 9,500 participating companies in over 160 countries.
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