Kerry Logistics Network: A Beacon of Sustainability and Excellence in Asia's Logistics Landscape

October 22, 2024, 5:47 am
Kerry Logistics
Kerry Logistics
BusinessCargoE-commerceFinTechFreightIndustryInfrastructureITLogisticsSupply
Location: China, Hong Kong, Kwai Chung
Employees: 10001+
Founded date: 1981
In the bustling world of logistics, where efficiency meets innovation, Kerry Logistics Network Limited (KLN) stands tall. Recently, KLN has been recognized for its unwavering commitment to sustainability and operational excellence. This dual recognition paints a vivid picture of a company that is not just riding the waves of change but is actively shaping the tides.

On October 18, 2024, KLN received three prestigious accolades at the Hong Kong Green and Sustainable Finance Awards. These awards, organized by the Hong Kong Quality Assurance Agency (HKQAA), spotlight the company’s dedication to sustainable finance and its robust Environmental, Social, and Governance (ESG) practices. KLN was honored with the Outstanding Award for Green and Sustainable Loan Issuer in the logistics services sector. This award is not just a trophy; it’s a testament to KLN’s visionary approach to sustainability-linked loan performance metrics.

But the accolades didn’t stop there. Ellis Cheng, KLN’s Executive Director and Chief Financial Officer, was awarded the Leadership Award for Green and Sustainable Finance Development. Meanwhile, Ivy Wong, the Group Director of Human Resources and Administration, received the Strategist Award for her contributions to sustainable finance development. These awards highlight the leadership and strategic foresight that KLN embodies.

KLN’s recent achievement is underscored by its groundbreaking HK$1 billion syndicated Sustainability-linked & Social Term Loan Facility. This innovative financial structure is a first in the Asia Pacific region. It’s not just about numbers; it’s about impact. The funds will be directed towards social initiatives that uplift communities across Hong Kong and Mainland China. Projects will focus on providing access to employment, essential services, and affordable infrastructure. This commitment is a beacon of hope in a world that often overlooks the social fabric of communities.

The HKQAA awards aim to promote the issuance of green and sustainability-related financial instruments. They recognize significant achievements in generating positive sustainability impacts. KLN’s recognition is a clear signal that the company is not just participating in the conversation about sustainability; it is leading it.

Fast forward to October 21, 2024, and KLN continued its winning streak by being named the Asian 3PL of the Year for the ninth time at the Supply Chain Asia Awards in Bangkok. This accolade is more than just a title; it reflects KLN’s consistent service excellence and adaptability in a rapidly changing market. The logistics landscape is akin to a river, constantly shifting and evolving. KLN has proven adept at navigating these waters, capitalizing on market expansions in Singapore, Vietnam, the Philippines, and India.

KLN’s extensive presence in Southeast Asia has positioned it perfectly to respond to supply chain shifts from Mainland China. The company’s integrated logistics business is not just a service; it’s a lifeline for businesses seeking to thrive in a competitive environment. The recognition from Supply Chain Asia is a nod to KLN’s innovative logistics solutions tailored to meet the unique needs of its customers.

The Supply Chain Asia Awards have been a staple in the logistics industry for nearly two decades. They celebrate outstanding achievements and foster connections among industry professionals. KLN’s repeated recognition underscores its role as a leader in the logistics sector. It’s a reminder that excellence is not a destination but a journey—one that KLN has embraced wholeheartedly.

Kerry Logistics Network is not just a logistics provider; it’s a global player with a diversified business portfolio. With operations spanning 60 countries and territories, KLN has established a solid foothold in emerging markets. Its diverse infrastructure and local expertise allow it to navigate the complexities of international logistics seamlessly.

In 2023, KLN generated over HK$47.4 billion in revenue, a clear indicator of its robust business model and market presence. The company is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng Corporate Sustainability Benchmark Index. This listing is not merely a financial achievement; it reflects KLN’s commitment to sustainable business practices.

As KLN continues to forge ahead, its focus on sustainability and service excellence will remain paramount. The logistics industry is at a crossroads, facing challenges from climate change, economic shifts, and evolving consumer demands. KLN’s proactive approach to these challenges positions it as a leader in the sector.

In conclusion, Kerry Logistics Network is more than a logistics company; it is a trailblazer in sustainability and operational excellence. Its recent accolades are not just milestones; they are stepping stones toward a brighter, more sustainable future. As KLN continues to innovate and adapt, it will undoubtedly remain a key player in shaping the logistics landscape in Asia and beyond. The journey is ongoing, and KLN is poised to lead the way.