PRESS RELEASE AND MEDIA

Kerry Logistics Network Limited (‘Kerry Logistics Network’, ‘KLN’; Stock Code 0636.HK) was a proud double winner at the Hong Kong Economic Times (‘HKET’) Excellence Awards 2024 (the ‘Awards’), receiving the accolades of Excellence in Global Logistics and Excellence in Sustainable Logistics for its innovative supply chain solutions and steadfast commitment to sustainability.

Ellis Cheng, Executive Director and Chairman of the Sustainability Committee of Kerry Logistics Network, said, “We are grateful to HKET for honouring us with the two accolades. These recognitions underscore our unwavering dedication to service excellence, innovation and efficiency, as well as highlight our vision to lead the global logistics industry towards a sustainable future. Through these endeavours, we strive to create a positive impact on the global supply chain while championing sustainability at the core of our business.”

With the Excellence in Global Logistics award, KLN was commended for its preparedness for the unexpected changes in the global supply chain through the innovative freight solutions connecting Asia and Europe at a challenging time for sea shipments. It likewise earned praise for its ability to optimise its resources by leveraging the opportunities arising from the collaboration between its Integrated Logistics and International Freight Forwarding segments across regions, along with its utilisation of robots and automation at its logistics centres to boost operational efficiency.

The Excellence in Sustainable Logistics award recognised KLN for incorporating sustainability into its strategies and long-term development, in addition to KLN’s role in driving transformation towards a greener logistics industry through its commitment to achieving net zero emissions by 2050. It was also lauded for delivering sustainable logistics solutions that embody its efforts in tackling climate change, minimising environmental footprint and sharing its Environmental, Social and Governance (‘ESG’) values with suppliers, and for making significant steps towards better ESG practices.

The Awards are organised by HKET, a leading financial media in Hong Kong, to celebrate the contributions made by outstanding companies to the society and their respective industries. The award recipients were chosen by a panel of judges according to four criteria: philosophy and value proposition, strategy and implementation, achievements and contributions, as well as future vision and plans.