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

Achievement indicators and keynote report
 
I. Economic achievement indicators and economic report
i. Management measures
ii. Performance indicators
 
Direct influence
 
Indirect influence
II. Economic achievement indicators and economic report
 
i. Management measures
 
ii. Performance indicators
III. Social achievement indicators and social responsibility report
i. Labor
Management measures
 
Performance indicators
ii. Human rights
Management measures
Performance indicators
iii. Society
Management measures
Performance indicators
iv. Product responsibility
Management measures
Performance indicators
 
III. Social achievement indicators and social responsibility report
iv. Product responsibility: responsible for consumers, establishing harmonious supply and demand relationship
1. Management measures

           

Target and execution:
COSCO Group has established its quality principles as “Safe, Fast, Quality and Efficient”, COSCO’s principle has been set as “Accurate decision, scientific management, quality service, building harmonious enterprise, implementing comprehensive risk management and Global Compact, realizing harmony and sustainable development between enterprise value and human environment and natural resource”.

Policies and regulations:
COSCO Group has introduced into the ISO9000 Quality Management Standard to establish its quality management system. Major second-tier companies of the group have introduced into the ISO9000 Quality Management Standard.

Organizational liabilities:
The Strategic Development Department is responsible for quality management of COSCO Group. The Supervision Department is responsible for audit and supervision. Responsibilities of the department were stipulated in the work standards and were listed in the evaluation contents of employees.

Training:
Each year COSCO organizes obliged training for executives of quality management system to update their knowledge. To improve the level of quality management, the group has conducted training Six Sigma management technology and implemented procedure rebuilding to improve clients’ response speed.

Supervision:
COSCO organizes second-tier companies to carry out second-part evaluation and assessment and to supervise the corporation’s quality management system. COSCO also organizes internal auditing, procedure auditing and risk auditing for each companies, and at the same time conducts supervision to urge them to make improvement.

External supervision:
COSCO’s quality management system has passed the joint certification of Det Norske Veritas and China Classification Society. With the establishment of the Global Compact and the sustainable development management system, the quality management system has been improved. The certification for quality management system in subsidiaries of the group is as follows:

Unit ISO14000 ISMC International Safety and Anti-pollution Rules
COSCON (China Ocean Shipping)
It has established management system and has passed the certifications It has established management system and has passed the certifications


Guangzhou Ocean Shipping

It has established management system and has passed the certifications It has established management system and has passed the certifications


COSCO Bulk Carrier

It has established management system and has passed the certifications It has established management system and has passed the certifications


Qingdao Ocean Shipping

It has established management system and has passed the certifications It has established management system and has passed the certifications


Dalian Ocean Shipping

It has established management system and has passed the certifications It has established management system and has passed the certifications


Xiamen Ocean Shipping

It has established management system and has passed the certifications It has established management system and has passed the certifications


Hong Kong Ocean Shipping

It has established management system and has passed the certifications It has established management system and has passed the certifications


China COSCO (Singapore)

It has established management system and has passed the certifications It has established management system and has passed the certifications


COSCO Shipbuilding

It has established management system and has passed the certifications ____


COSCO Shipyard

It has established management system and has passed the certifications ____


COSCO Logistics

It has established management system and has passed the certifications ____


China Marine Bunker

It has established management system and has passed the certifications It has established management system and has passed the certifications


China Ocean Shipping Tally

It has established management system and has passed the certifications ____


Boao COSCO Co., Ltd

It is establishing the management system and planning the certifications ____


COSCO Human Resources

It has established management system and has passed the certifications ____


COSCO Finance

It has established management system and has passed the certifications ____


 
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COSCO Group, October 2006