B. Management measures and
operation indicators

Part I. Analyses for strategies, risks & opportunities | Part II. Company administration structure
Part III. Participation of stakeholders
| Part IV. Major policies and management syste
Part V. Achievement indicators and keynote report

Major policies and management syste

 
Major social organizations attended
Managing upstream and downstream clients, enterprise policies and systems
Plans and procedures related to economy, environment and social responsibility performance
Situation of certification related with economy, environment and social management system
 
    Major social organizations attended
1. Participating in industry associations and organizations to actively push the sustainable development of the shipping industry

COSCO has joined many influential shipping organizations home and abroad, making its own contributions to maintain and push the healthy and sustainable development of the international shipping industry.

COSCO has took active part in the establishment of related national and international conventions, laws, regulations, rules and statutes, and took active part in various shipping and related organizations, making important contributions to promoting and leading industry’s healthy development, avoiding vicious competition, etc. Meanwhile parts of corporation’s stipulations, cited and used for reference by some national sectors, have become the industry standards. In addition, the group is active in making conclusions for industry experiences and lessons, sharing research results in the forms of publication, network, etc. The corporation has provided directions, reference and technology support for domestic and foreign enterprises, undertaking its responsibility and making its own contributions.

Name of industrial associations

Position and function

Valuable activities

BOX CLUB

Association of world’s container transportation industry

Promote healthy development of world’s container transportation industry

World Ocean Shipping Council

U.S. association of ocean shipping companies

Take part in operation of U.S. ocean shipping industry actively

BIMCO

 

 

Asian Ship-owners Forum

Organization of Asian ship-owners

Promote cooperation of ship-owners in Asia

European Liner Affairs Association

Association of European container transportation industry

Promote healthy development of container transportation industry of Europe

China Federation of Logistics & Purchasing

Association of Chinese logistics industry

Promote cooperation of logistics industry and industrial and commercial industry

China Ship-owners' Association

Association of Chinese ship-owners (COSCO Group is the chairman unit)

Promote cooperation and mutual development of Chinese ship-owners

China International Freight Forwarders Association

Association of Chinese freight forwarding industry

Promote healthy development of Chinese freight forwarding industry

Straits (Both Banks) Shipping Exchange Association

Association for shipping industry of both sides of the Strait

Promote healthy development of ocean shipping industries on both sides of Taiwan Strait

Special Committee for Dangerous Goods Transportation

Special organization for transportation of dangerous goods

Promote sustainable development of dangerous goods transportation industry

China Logistics Association

Research institute of Chinese logistics industry

Promote healthy development of Chinese logistics industry

China Communications and Transportation Association

Association of transportation industry organized by the Ministry of Communications

Promote health development of Chinese traffic and transportation industry

China Institute of Navigation

Leading academic organization in Chinese navigation industry (COSCO Group is founding unit)

Promote academic discussion and key researches of navigation industry

Major industrial associations participated by COSCO Group

 
   
At the end of 2005, the World Customs Organization invited over 30 internationally famous enterprises to join its newly established Business Consulting Workgroup, in order to promote its Commerce Safety and Convenience Framework Standard worldwide. These enterprises were invited to provide suggestions and advice for them to establish framework standards. COSCO is one of two invited shipping enterprises. Since the promotion of the framework standard is closely related with the global shipping industry development, COSCO accepted the invitation and took active part in every conference of the workgroup, providing consulting advice for official of the organization.
2. Participation in legal non-governmental organizations and non-profit organizations, taking active part in activities related with social responsibility and sustainable development.

COSCO Group and its subsidiaries have joined multiple organizations and institutions related with social responsibility.

The group has joined China Business Council for Sustainable Development as a deputy director unit, actively driving the sustainable development. COSCO joined World Business Council for Sustainable Development in March, 2006.

In November 2004, President Wei Jiafu wrote a letter to Kofi A. Annan, Secretary-General of the United Nations, promising the group’s support for the Global Compact and its principles. In January 2005, COSCO got the approval of the United Nations to become a member of Global Compact.

Name of organizations

Position

Functions of the organization

World Business Council for Sustainable Development

Member

Promote sustainable development

China Business Council for Sustainable Development

Vice president unit

Promote sustainable development

Global Compact of China Enterprise Directors’ Association

Member

Promote sustainable development

Council of China Quality Association

President unit

Improve quality

Quality Management Association under the Ministry of Communications

Vice president unit

Improve traffic quality

China Maritime Law Association

Member

Promote development of maritime law

Chinese Trademark Association

Member

Promote development of intellectual property right

China Association of National Advertisers

Member

Promote development of intellectual property right and advertisement honesty

Environmental Protection Web of the Ministry of Communications

Member

Promote traffic and environmental protection

China Internal Audit Association

Member

Promote anti-corruption

China Supervision Association

Member

Promote anti-corruption

 

Member

Promote education and training of traffic industry

China Navigation Education Research Institute

Vice president unit

Play a key role in promoting development of navigation education

China Ocean Ship Standardization Committee

Member

Standardization

Association of Traffic and Environmental Protection Information

Member

Protect environment and improve traffic and environmental protection level

Traffic and Environmental Protection Association

Member

Promote traffic and environmental protection

Traffic & Energy Management Association

Member

Promote saving of traffic resources and environment protection

Participation in non-profit and non-governmental organizations

 
   


 
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COSCO Group, October 2006