COSCO's 2007 work conference take performing the global compact and implementing the sustainable development as an important job, requiring COSCO's subsidiaries to fully perform the global compact responsibility by sticking to the scientific concept of development. It proposed that the leaderships of the group should, from a perspective of scientific development, deeply recognize the significance of performing the global compact to the enterprise and the positive role of performing the ten principles in improving the brand image of COSCO and winning customers' recognition. They should know that performing the global compact is not only a task of a unit or a department but a part of the enterprise culture.
In Mar. 2007, COSCO held the 13th conference of the operation management committee, conducting enough discussion and researches on the theme of òfully perform the global compact responsibility and constantly improving COSCO's international position and brand imageó and reaching a consensus. According to the conference, the significance of participating in the global compact should be deeply recognized, and social responsibility of COSCO should be defined. COSCO should attach great importance to and actively partake of the global compact according to the situation of China and the enterprise, continuing furthering this task.
The below is COSCO's general thought on implementing the global compact: fully perform the global compact, stick to the human-oriented rule, establish all-round, harmonious and sustainable scientific concept of development and promote the comprehensive development of the economic society and the human beings; actively take part in the activities of the UN Global Compact and the World Business Council for Sustainable Development, use the concept standards and the operation models of the world's most excellent enterprises, establish and improve a long-term effective mechanism for global compact and sustainable development across the whole group, fully perform the social responsibility as scheduled, build a harmonious COSCO, maintain the harmonious development of the economy and the society, enable the harmoniousness between human and nature and human beings, embody COSCO's value in building a conservation-oriented society and environment-friendly society; Prepare the sustainable development report according to GRI requirements, enhance the effective communication and cooperation via the sustainable development report, improve COSCO's global position and international reputation to gain economic benefits and social benefits, achieve the sustainable development of ògenerate annual revenues of RMB10 billion, build a persistently growing COSCOó, make contributions to building a harmonious world and promote the world's sustainable development. |