COSCO SHIPPING Development’s 2025 Sustainability Report: Carbon-Intensity Cut 43%, Green Financing Reaches RMB 6.50 Billion

COSCO SHIPPING Development released its tenth Sustainability Report, covering 1 January–31 December 2025. The company exceeded its near-term climate target, reducing CO₂ intensity to 0.0904 t per RMB 10,000 revenue, a 43% drop from the 2019 baseline and better than the 2025 goal of 0.0931 t.

Key environmental metrics • Total Scope 1 + 2 emissions: 227,073.69 tCO₂e; Scope 2 accounted for 174,079.78 tCO₂e. • Green electricity purchases and on-site photovoltaic generation supplied 40,656 MWh, bringing clean-power share of electricity to 10%. • Equipment upgrades and renewable-power use cut emissions by 23,216 tCO₂e. • Hazardous and non-hazardous waste generation totaled 138,952.87 t, with an 86.55% recycling rate.

Low-carbon transition • All six container plants are now certified as national “Green Factories”. • The Container Carbon Footprint & EPD Platform has issued 64 certificates; green labels have been applied to 500,000+ containers. • Two 700-TEU battery-powered vessels sailed 69,000 km, avoiding 3,174 t of CO₂. • Green and transition-linked financing reached about RMB 6.50 billion, including the sector’s first technology-innovation bond for low-carbon shipping.

Operational highlights • Container fleet expanded to more than 4.10 million TEU, maintaining the company’s No. 3 global ranking in leasing. • R&D investment was RMB 320 million, equal to 1.27% of revenue; 37 invention patents were filed and 15 granted. • Workplace-safety spending reached RMB 106.89 million; no at-fault accidents with major or significant liability occurred.

Social indicators • Workforce totaled 16,581 employees; 100% received social insurance coverage. • Average training time per employee reached 99.34 hours. • The company provided RMB 293,200 in hardship assistance and logged over 5,000 volunteer hours.

Governance and disclosure • The Board remains the highest ESG governing body, supported by an Investment Strategy Committee and Sustainability Working Group. • The company again received the Shanghai Stock Exchange’s top A rating for information disclosure.

Outlook COSCO SHIPPING Development aims for a 34% carbon-intensity reduction by 2030 versus 2019 and carbon neutrality across container manufacturing before 2050, while advancing industry–finance integration and expanding green assets, products and financing channels.