Ocean Network Express (ONE) has released its Sustainability Report 2024, which provides a summary of the company’s sustainability progress from 1 January 2023 to 31 March 2024.
The Singapore-based ocean carrier said this year’s report marks a “significant step” as ONE transitions to align its sustainability reporting with its financial year (FY), further integrating sustainability and business operations in its strategic planning.
ONE achieved a 62% reduction in Scope 1 emissions intensity in FY2023 from a 2008 baseline and received Approval in Principle (AiP) for an ammonia dual-fuelled vessel along with an investment in twelve 13,000 TEU methanol dual-fuelled container ships.
The company said it is committed to fostering employee development and engagement through ONE Academy, offering mentorship and a wide range of learning and career growth opportunities for employees.
Furthermore, ONE added it is committed to ethical business conduct and compliance by implementing mandatory compliance e-learning and assessment, establishing sustainable supply chain management practices and adopting a holistic approach to cybersecurity and data protection.
ONE also aims to improve service quality and optimise operational efficiency, through digitalisation progress and by closely collaborating with its partners.
