Our aim is to be a top-tier global port operator for decades to come. During 2013, our commitment to operating sustainably for the long-term was evidenced by the measures we took to improve safety at our terminals, to reduce our impact on the environment, and to engage with the communities in which we operate to help stimulate local economies.
The frequency of injuries per million hours worked, or lost time injury frequency rates (LTIFR), fell by 12% during 2013. In addition, we achieved globally an 8.7% reduction in our absolute CO2e emissions which is equivalent to a 5.8% reduction in KgCO2e/ModTEU (per Modified TEU)3 from our 2012 baseline. We are also proud to have been involved in over 230 community projects and partnerships across our portfolio during 2013 and we were the co-convenor with the UAE Ministry of Foreign Affairs for the third year running of an international public-private conference on countering maritime piracy.
Further details regarding our commitment to integrating responsible business practices in all aspects of our operations and across our entire portfolio are included in the Corporate Responsibility section.
In 2013, we were pleased to have our commitment to excellent corporate governance recognised for the second year in a row by the S&P/Hawkamah ESG Pan Arab Index, being named the number one listed company across a raft of environmental, social and governance measures. Further details regarding our corporate governance framework and policies are outlined in the Corporate Governance section.
We were delighted to be a premier partner of Dubai’s Expo2020 bid. Our entire team was behind the bid and we are excited and proud that it was successful. Our attention now turns to making sure we have the infrastructure in place to support this event, and we will be working very closely with our customers to do that. We already have tried and tested capabilities and we will now take this to the next level.
We look forward to working with Dubai and the UAE to host the world. This event will not only create opportunities for the UAE, it will also create new opportunities for the countries of the region and the people of the world.