COSCO SHIPPING PORTS LIMITED
COSCO SHIPPING Ports Limited, headquartered in Hong Kong, is a leading player in the global port industry. Established in 1992, the company has grown to become one of the largest port operators in the world, with a significant presence in Asia, Europe, and the Americas. Specialising in container terminal operations, COSCO SHIPPING Ports offers a range of services including cargo handling, storage, and logistics solutions. Its commitment to innovation and efficiency sets it apart in a competitive market. With a robust network of terminals and strategic partnerships, the company has achieved notable milestones, enhancing its market position and operational capabilities. COSCO SHIPPING Ports continues to drive growth and excellence in the maritime sector, solidifying its reputation as a trusted leader in port management.
DitchCarbon Score
How does COSCO SHIPPING PORTS LIMITED's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Land Transportation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
COSCO SHIPPING PORTS LIMITED's score of 38 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
COSCO SHIPPING PORTS LIMITED's reported carbon emissions
COSCO SHIPPING PORTS LIMITED, headquartered in Hong Kong (HK), has made significant strides in managing its carbon emissions. In 2024, the company reported total emissions of approximately 203,945,000 kg CO2e, which includes 76,919,000 kg CO2e from Scope 1 and 127,026,000 kg CO2e from Scope 2. Notably, Scope 3 emissions were substantial, amounting to about 630,438,000 kg CO2e, indicating a comprehensive approach to understanding its entire carbon footprint. Comparatively, in 2023, COSCO SHIPPING PORTS LIMITED's emissions were approximately 226,989,000 kg CO2e, with Scope 1 emissions at 78,497,000 kg CO2e and Scope 2 at 148,492,000 kg CO2e. This reflects a slight reduction in total emissions from the previous year, showcasing the company's ongoing commitment to sustainability. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the consistent monitoring and reporting of emissions across all scopes demonstrate a commitment to transparency and accountability in its climate strategy. Overall, COSCO SHIPPING PORTS LIMITED is actively engaging in efforts to reduce its carbon emissions, although further details on specific reduction initiatives or targets would enhance its climate commitment narrative.
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| 2016 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 519,459,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 578,080,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,097,539,000 | - | - | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
COSCO SHIPPING PORTS LIMITED is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
