Environmental, Social And Governance Report

Overview

The report covers SITC's 2024 ESG performance across shipping, logistics and group operations, with Scope 1 and location-based Scope 2 emissions of 1,701,433 and 3,668 CO2e (ton), and Scope 3 emissions of 819,773 ton CO2e. It reports total energy consumption of 6,050,657 GJ and total employees of 3,476. SITC set a 51% reduction target for Scope 1, 2 and 3 emissions intensity by 2030 from 2020 and a net-zero target by 2050. The report also describes dual materiality, Board oversight and independent verification by HKQAA.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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Overview