Environmental, Social and Governance Report

The report describes CSSC's 2023 ESG governance expansion, including the establishment of an ESG and Sustainability Committee, ESG Leadership Team and ESG Expert Research Team. It reports TCFD-based climate-risk assessment and continued investment in low-carbon shipping, including dual-fuel upgrades for VLGC vessels. The company also issued its first sustainability-linked Panda Bond, described as the first of its kind issued on a market-wide basis in China.