10.6 C
Sunday, April 14, 2024
Home News HMM receives EcoVadis gold rating for 2022

HMM receives EcoVadis gold rating for 2022

HMM, South Korea's flagship carrier headquartered in Seoul, had been given a gold rating by EcoVadis, a provider of business sustainability ratings.

HMM achieved better results in the environment and ethics criteria than the year prior with EcoVadis giving a gold classification in 2022, while the ocean carrier received a silver one in 2021.

As a result, HMM was ranked in the top 3% of businesses across all sectors by EcoVadis, up from 4% the previous year.

HMM's accomplishment demonstrates the company's dedication to the environmental effort, which includes the development of policies and comprehensive plans for decreasing air pollution and waste stream, according to a statement.

"This evaluation result will enable us to gain the trust of stakeholders such as customers, shareholders, and communities," stated Kim, Kyung Bae, president and CEO of HMM, adding, "We will strive to raise our sustainable capability not only in the environment but also in all areas."

EcoVadis Gold Rating

Latest Posts

NYK pioneers truck-to-ship fuel ammonia bunkering

At the Sea Japan 2024 event, NYK announced its plans to supply fuel ammonia at the end of May to an upcoming NYK-owned ammonia-fueled...

Vitesco Technologies and DHL form strategic partnership

Vitesco Technologies established a strategic partnership with DHL Supply Chain, where DHL serves as the Lead Logistics Partner (LLP). Commencing in March, DHL will centrally...

Gebrüder Weiss establishes central IT and logistics hub near Austria’s freight terminal

Gebrüder Weiss, a globally operating full-service logistics provider, is setting up a central location for IT and logistics near Wolfurt's freight terminal, ensuring the...

Maersk restructures Europe-West Africa service network

Danish ocean carrier Maersk has announced changes in its Europe-West Africa service network, which will take effect from the 17th week of the year. The...

Carriers spot bargaining room for India-Middle East cargo as Red Sea gains fade

India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from...