SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jan 10, 2024

2. SEC Identification Number

147212

3. BIR Tax Identification No.

000-323-228

4. Exact name of issuer as specified in its charter

INTERNATIONAL CONTAINER TERMINAL SERVICES, INC.

5. Province, country or other jurisdiction of incorporation

Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

ICTSI Administration Building, Manila International Container Terminal, South Access Road, Manila Postal Code 1012

8. Issuer's telephone number, including area code

+63 2 82454101

9. Former name or former address, if changed since last report

Not Applicable

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock Outstanding (Current)	2,031,988,603

11. Indicate the item numbers reported herein

9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

International Container Terminal Services, Inc.ICT

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
International Container Terminal Services, Inc. (ICTSI) sets 2030 emission targets and commits to net zero emissions for Scope 1 and 2 by 2050 as part of its decarbonisation strategy across the Group.
Background/Description of the Disclosure
On 5 July 2023, we announced our Climate Change Action Initiative to develop a comprehensive roadmap for ICTSI to align its business strategy with the goals of the UN Climate Change Paris Agreement by setting targets for Scope 1 and 2. We have made significant progress and today, we are pleased to announce our decarbonisation targets: • By 2030, we aim to reduce Scope 1 and 2 greenhouse gas emissions by 26% per container move from a 2021 baseline. • By 2050, we commit to net zero emissions for Scope 1 and 2. Christian R. Gonzalez, ICTSI Executive Vice President, Chief Compliance Officer and Chief Sustainability Officer said: “Our commitment to decarbonisation targets marks an important step on our journey to becoming a more sustainable company and as part of this, we are actively implementing initiatives to maximize energy and resource efficiency, reduce carbon intensity, and lower emissions. “Making a positive environmental impact is fundamental to our business strategy which means we will continuously review and update our goals to ensure their relevance and accelerate our efforts towards mitigating climate change."
Other Relevant Information
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