COSCO SHIPPING (North America) Inc. released its 2024 Sustainability Report, detailing the company’s achievements in environmental stewardship, social responsibility, and corporate governance across its operations in the U.S., Canada, Mexico, and Panama. The report underscores the company’s ongoing commitment to integrating sustainability into its core operations while advancing its role as a leading end-to-end supply chain service provider in North America.

In 2024, sustainability became a central focus of COSCO SHIPPING North America’s strategy. Across its operations, the company advanced energy-efficient warehousing, low-sulfur fuel usage, clean trucking initiatives, vessel speed reduction programs, and sustainable office-building practices. Shore power utilization reached 100% at the Port of Oakland and 96.5% at Los Angeles and Long Beach, and compliance with vessel speed reduction programs under NOAA’s Protect Blue Whales and Blue Skies initiative exceeded 99%. The company achieved full compliance with EPA and CARB fuel standards and received multiple environmental recognitions, including the Sapphire Award, Green Flag Certificates, Green Wave Award, and Blue Circle Award, while reporting zero violations under California’s Marine Invasive Species Program.

The company advanced its social strategy by maintaining a zero-incident safety record, reinforcing policies on workplace violence, harassment, and substance use, and embedding diversity and inclusion across its operations. Strategic community engagement initiatives supported local workforce development and environmental stewardship, including participation in career fairs, backpack and holiday toy drives in Secaucus, beach cleanups in Panama, and tree-planting projects through regional partnerships.

Governance structures were reinforced through the Board of Directors and its committees, which maintained oversight of strategy, compliance, financial reporting, cybersecurity, and sustainability-related risk. The company upheld zero-tolerance policies on corruption and bribery, strengthened its Code of Conduct and compliance framework, and enhanced cybersecurity practices aligned with ISO 27001, including multi-factor authentication, data-loss prevention, and employee training.

“Our 2024 Sustainability Report demonstrates how environmental responsibility, community partnership, and strong governance are embedded in every aspect of our operations,” said Chen Zheyu, chairman of COSCO SHIPPING North America. “Looking ahead, we remain committed to advancing sustainability, empowering our people, and delivering resilient, innovative, and efficient supply chain solutions across North America.”

The sustainability report launch event also highlighted COSCO SHIPPING North America’s contribution to the Secaucus Township holiday toy drive. This year, the company donated 75 gifts for children and families in need.

Looking ahead, COSCO SHIPPING North America will integrate its sustainability strategy into corporate development, driving long-term growth through decarbonized operations, enhanced efficiency and digital visibility, strengthened leadership and inclusion, and expanded community engagement and sustainability transparency.

The full 2024 Sustainability Report is available at https://na.coscoshipping.com/SUSTAINABILITY/index.html