Kerry Logistics Network Limited has won the ESG Benchmark Award – Silver Award and the Outstanding Sustainability and Dividend Growth Award for the second year running at the ESG Achievement Awards 2022/2023 (the ‘Awards’), highlighting its accomplishments in Environmental, Social and Governance (‘ESG’) and sustainable practices.

READ: Kerry Logistics Network maintains growth in revenue and core net profit

Organised by the Institute of ESG & Benchmark (IESGB), the Awards this year are themed “ESG Champions: Pioneering Sustainable Development”, aiming to recognise the importance of sustainable practices, and commend the efforts of companies operating in Hong Kong that have created a positive impact.

Ellis Cheng, Executive Director and Chairman of the Sustainability Committee of Kerry Logistics Network, said, “We are delighted to be recognised by the IESGB again for our sustainability performance and ongoing progress in ESG. Over the last year, we have made great strides in our sustainability strategy and governance structure, while expanding the scope and depth of our social commitment and initiatives. In the future, we will remain committed to adopting ESG best practices and driving meaningful changes in our community, as we continue to march forward towards our target of achieving net-zero emissions by 2050.”

READ: Kerry Logistics Network announces 2023 Interim Results

In 2022, KLN established its Sustainability Committee, responsible for evaluating sustainability-related risks and opportunities, recommending ESG strategies and monitoring sustainability reporting. Within the year, KLN also secured its first sustainability loan, as well as developed a 3-year approach to enhance its sustainability disclosure based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). It was also the first logistics company in Hong Kong to deploy a 5.5-ton electric truck, striving to reduce greenhouse gas emissions.

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