Sustainability Policies
Our Policies
At Hutchison Ports, policies and procedures are set in place to establish the rules of conduct within our organisation. Our policies play an important role in influencing systems development, organisational change, and individual behaviour to strive for excellence.In particular, the policies on sustainability are here to assure that all aspects of our operation are managed sustainably and aligned globally, and cope with different laws and practices in countries and jurisdictions.
SUSTAINABILITY POLICY
Hutchison Ports, its subsidiaries and controlled affiliates (collectively, the “Group”) strives to enhance long-term total return for the stakeholders. The Group is strongly committed not just to its shareholders, but also to a wide range of stakeholders including employees, customers, suppliers, banks and creditors, governments and regulators, non-government organisations and local communities. Taking a proactive approach to sustainability is not only a part of the heritage of the Group, inherent in the various strands of corporate strategy, but also become crucial to the business success of the Group. Sustainability is an integral element in maintaining the position of the Group as a responsible business that contributes positively to the development of the communities in which the Group operates.
All Group companies should request those representing them, such as consultants, agents and independent contractors, to agree to follow the sustainability policy and practices of the Group.
The Group sees sustainability as commitments as well as opportunities. Sustainability practices are embedded across all operations of the Group, and form the basis upon which the Group manages its business, its people and all relevant external stakeholders. The Group tasks itself to deliver progress in the following areas:
Approach
The Group recognises the differences in social, economic and environmental needs in each individual market. This policy outlines the group-wide sustainability approach and priorities from the perspectives of the Group to implement sustainability practices across its operations. Business Unit (“BU”) is required to consider local sustainability initiatives and programmes based on local needs.All Group companies should request those representing them, such as consultants, agents and independent contractors, to agree to follow the sustainability policy and practices of the Group.
The Group sees sustainability as commitments as well as opportunities. Sustainability practices are embedded across all operations of the Group, and form the basis upon which the Group manages its business, its people and all relevant external stakeholders. The Group tasks itself to deliver progress in the following areas:
- Environmental:
- Take Action on Climate Change
- Protect Natural Resources
- Promote a Circular Economy
- Social:
- Create Rewarding and Safe Workplaces
- Invest in Developing Thriving and Resilient Communities
- Governance:
- Embed Rigorous and Effective Governance
- Operate Responsibly and with Integrity
- Sustainable Business Model Innovation:
- Offer customers sustainable products and invest in innovations to achieve transformational impacts.
- Engagement in Communities:
- Community investment practices through involving in voluntary contributions and actions by company, and helping communities in their areas of operation addressing their development priorities.
- The BU develops its proper community investment strategy before organising any programmes and activities with reference to the “Community Investment Guideline” set by Group Corporate Affairs (“GCA”).
Top Management Engagement & Sustainability Disclosure
The Group Sustainability Committee (“GSC”) and responsible functional heads regularly review the sustainability practices and performance and report to the Group Managing Director and the Hutchison Ports Executive Committee (“EXCO”). The sustainability performance of the Group is reported annually and included in the Hutchison Ports Sustainability Report.ENVIRONMENTAL POLICY
Hutchison Ports, its subsidiaries and controlled affiliates (collectively, the “Group”) is conscious of the environmental impact associated with its operations. Being the World’s Leading Port Network operating through our unrivalled range of technical facilities, equipment and systems with accredited services to our customers, we are committed to protecting the environment and supporting sustainable development by managing its environmental footprint across its network of operating markets.
To Achieve This We Will
- Employ systems and procedures that ensure compliance obligations are met relating to the environment.
- Provide relevant training to employees to enhance environmental awareness and engagement.
- Promote a sustainable approach to business in partnership with our customers, suppliers and other stakeholders.
- Ensure that we integrate sustainability considerations into our business decisions.
- Maintain a local or international Environmental Management System (“EMS”) standard that is communicated to all employees.
- Aim to prevent pollution and to minimise the environmental impact for the life cycle of equipment and facilities.
- Commit to continual improvement in our environmental performance, through the establishment of measurable environmental objectives and targets.
- Put controls in place to protect the environment from any significant environmental aspects and impacts arising from our work activities.
- Respond to environmental inquiries in a timely manner and take actions as appropriate.
- Measure our carbon footprint and take account of environmental management in our business decisions to reduce our contribution to climate change.
Managing Direct Impact
- We strive to further strengthen its resilience to climate change by identifying and addressing the challenges presented by climate change and the opportunities to resolve those challenges, as well as developing strategies in line with global best practices with a view to adapting to and mitigating the impact of climate change on its operations.
- We assess climate change and the associated risks and opportunities as part of its enterprise risk management in order to ensure appropriate strategies and responsible actions are taken to address the causes and effects of climate change on its operations.
- We also endeavour to implement measures to protect natural resources and adopt circular business model approaches.
- The following outlines our global position on managing its direct environmental impacts:
- Take Action on Climate Change
- Protect Natural Resources
- Promote a Circular Economy
Managing Indirect Impact
- Supplier and Community Engagement:
- We are aware of the indirect impact arising from its ability to influence environmental performance within its value chain and through its investments. We also endeavour to embed sustainability considerations in how it engages with suppliers and communities.
- Green Procurement:
- We are committed to green procurement. We support and promote environmental practices in the supply chain by guidelines pursuant to sustainability during the procurement process.