72
COSCO Corporation (Singapore) Limited
Corporate
Social Responsibility
Inside COSCO and Corporate Citizenship
Supporting Arts and Culture
Our shipyards also support the arts and cultural activities
with the objective of promoting work-life balance among
workers. COSCO Nantong Shipyard has conducted
photography, calligraphy and aerobics classes, while
COSCO Zhoushan Shipyard organised annual sports
events for workers. COSCO Dalian Shipyard has
organised recreational games to enhance workplace
camaraderie.
The “COSCO Summer Night” event organised by
COSCO Guangdong shipyard, is a series of activities
including outdoor movies, talks on morals and ethics,
the annual Mooncake festival, and large scale family
activities. This strengthens camaraderie among workers
and their families. The Youth League Committee at
our Guangdong shipyard has been organising internal
development training programmes to spur workers’
creativity. Meanwhile, COSCO Shanghai Shipyard has
also formed a choir to represent the company in many
choral competitions.
Environmental Awareness
Environmental awareness and pro-environmental
measures are essential to building a sustainable future
for all communities. COSCO recognises this and is
committed to fulfil our responsibility as a corporate
citizen through technological innovation, eco-friendly
operations and environmentally-sound business
practices.
As an internationally established shipbuilder, COSCO
aims to build ships that are cost and energy efficient.
Our COSCO Zhoushan Shipyard has established a track
record for successful bulbous bow conversions which
could potentially reduce fuel consumption by up to 6%,
as tests from owners have shown. To date, COSCO
Zhoushan Shipyard has secured over eight bulbous bow
conversions jobs from European owners.
Meanwhile, the research centre of COSCO Shipyard
Group has been working on solar energy application
technology. With this technology, COSCO has developed
COSCO Teng Fei, the largest ship in the world to use an
off-grid solar Photo-Voltaic (PV) system.
Through their adoption of dust control measures during
cutting and welding, COSCO Shanghai Shipyard was
able to reinforce the yard’s environmental awareness,
as well as its ability to carry through pro-environmental
measures. Many experts have since lauded the yard
as an eco-friendly manufacturer. This recognition is a
testament to the yard’s efforts in environment protection,
emission control and eco-friendly manufacturing. The
Shanghai shipyard has always had a strong sense
of environmental and social responsibility, never
compromising the environment for their business
performance.
Conclusion
Understanding the symbiotic relationship between our
business and the larger social and physical environment,
COSCO remains dedicated to high standards of
Corporate Social Responsibility. Moving into a new
year, we will press on with our social involvement and
operate in a way that benefits the health, welfare and
safety of our employees, customers, communities and
the ecological system.
