SITC International Holdings Company Limited (“SITC”) published its 2025 Environmental, Social and Governance Report, pairing stronger financials with tougher climate goals.
Financial Highlights • Turnover rose 11.6% year-on-year to US$3.41 billion. • Profit attributable to shareholders increased 18.9% to US$1.22 billion, pushing the net margin to 36.1%. • Operating cash flow improved 21.0% to US$1.40 billion; gearing remained at zero after interest-bearing debt fell 88.6% to US$18.94 million.
Climate & Environmental Metrics • Scope 1 and 2 emissions totalled 1.85 million tCO₂e; emission intensity (g/TEU km) fell 32.6% versus 2020. • New medium-term target: 51% cut in Scope 1-3 intensity by 2030 (baseline 2020) and net-zero across the value chain by 2050. • 97% of self-owned vessels achieved IMO CII-A rating; 100% are fitted with ballast-water treatment. • Hazardous waste intensity dropped 65% from 2020, exceeding the 2030 goal five years early.
Energy & Resource Use • Fuel consumption intensity declined 16.9% from 2020, beating the 20% reduction target ahead of 2030. • Two new low-emission vessels delivered; three electric stackers installed as depot oil-to-electricity plan progresses. • Water-use intensity fell 21.2% versus 2020; the company targets a 20% reduction by 2030.
Safety & People • Zero work-related fatalities for both employees and contractors; lost-time injury frequency rate for own staff fell to zero. • Workforce totalled 3,489, with women representing 46.5% of onshore staff; female managers accounted for 34.8% of management roles. • Average training hours reached 28.0 per onshore employee and 62.0 per crew member; 100% training coverage maintained.
Governance & Oversight • The Board-level Sustainable Development Committee, chaired by a non-executive director, oversees ESG strategy and performance. • Senior-management bonuses are directly linked to ESG KPIs, including a 15% weight for environmental performance and 5% for health-and-safety metrics.
Capital Deployment & Green Finance • Environmental capex reached US$0.71 million; additional US$37.63 million in low-sulphur fuel and efficiency-related operating costs were incurred. • SITC drew over US$100 million in green loans tied to emission targets, lowering annual interest expense by roughly US$36,000.
Stakeholder & Community Engagement • Supplier ESG screening covered 100% of major vendors; 781 suppliers signed social-responsibility undertakings. • Community investment totalled about US$1.01 million, funding education, environmental restoration and disaster relief projects in Hong Kong and Southeast Asia.
Looking Ahead For 2026 SITC plans to: • Keep scope 1+2 emission intensity on a 1.5 °C pathway; • Grow the share of low- and zero-carbon fuels to at least 5% of total energy by 2030; • Expand oil-to-electricity conversions across depots and increase gender diversity in senior management to 35%.
The Board states that all disclosures meet HKEX climate-reporting enhancements and align with IFRS S1/S2, TCFD and TNFD frameworks.
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