CAMBRIDGE, England and CHICAGO, March 11, 2013 / PRNewswire/ -- Hong Kong's MTR Corporation is one of the world's leading railway companies. With a strong track record in sustainability, they were the first company in Mainland China and Hong Kong to publish a sustainability report in 2001. They have been voluntarily providing annual updates ever since. MTR uses the Global Reporting Initiative (GRI) framework and manages ratings on internationally-recognised indices including the FTSE4Good and DJSI. In addition, this year, MTR launched a new initiative to measure and manage the life cycle carbon footprint of new rail lines.
As stakeholder interest in 'extra-financial' performance continues to grow, frameworks for sustainability reporting are becoming increasingly comprehensive. As a result, the collection, compilation and reporting of sustainability data have become increasingly challenging. MTR has worked with Intertek, the exclusive partner of CRedit360 in Asia, to implement the CRedit360 sustainability data management system. The precision, ease-of-use and flexibility of CRedit360's system allow MTR to gather updates from data providers across the company and configure sustainability indicators to fit reporting requirements. Centralized data collation enables MTR to respond to surveys from analyst groups with the confidence that they have the most up-to-date information. In addition, an audit trail provides the ability to identify errors or gaps in data, making the assurance process faster and easier.
MTR sees themselves as an asset to the community and recognises the increasing global importance of corporate responsibility. The company aims to stay at the forefront not only by following prudent business practices, but by effectively managing and communicating sustainability performance with both internal and external stakeholders.
For more information on MTR's sustainability initiatives, read the 2011 MTR Sustainability Report at http://www.mtr.com.hk/eng/sustainability/2011rpt/sustainabilityreport2011.pdf
About CRedit360
CRedit360is a specialist provider of sustainability software, serving over 100 global clients. Founded in 2002 by a group of sustainability professionals and an innovative UK IT company, CRedit360has developed software from the ground up to handle the complexities of managing sustainability data. We maintain strong client relationships and manage every aspect of product development and support with in-house technical teams and sustainability experts. CRedit360is GRI certified, Carbon Disclosure Project accredited (Gold Standard) and winner of the 2012 Best Sustainability Software award from Ethical Corporation.
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