American Bureau of Shipping Inc. Sustainability Profile
The American Bureau of Shipping Inc. (ABS), headquartered in the United States, is a leading classification society dedicated to promoting the safety and sustainability of marine and offshore industries. Founded in 1862, ABS has established a strong presence in key operational regions, including North America, Europe, and Asia, providing essential services to shipowners and operators worldwide. ABS is renowned for its rigorous standards in ship classification, certification, and technical advisory services, ensuring vessels meet international safety and environmental regulations. With a commitment to innovation, ABS has pioneered advancements in digital solutions and sustainability practices, positioning itself as a trusted partner in the maritime sector. The organisation's notable achievements include its role in developing industry standards and its recognition for excellence in safety and environmental stewardship.
DitchCarbon Score
How does American Bureau of Shipping Inc.'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 Crude Oil Extraction 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
American Bureau of Shipping Inc.'s score of 5 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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American Bureau of Shipping Inc.'s reported carbon emissions
In 2021, the American Bureau of Shipping Inc. reported a carbon intensity of approximately 0.0032 kg CO2e per tonne-mile for its bulk carrier company fleet. This figure reflects the organisation's commitment to monitoring and managing its carbon emissions, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The organisation has not set any formal reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). This lack of specific climate pledges suggests that while ABS is aware of its carbon footprint, it has yet to establish concrete goals for emissions reduction. The carbon intensity figures from previous years show a slight decrease from 0.0045 kg CO2e per tonne-mile in 2020 and 0.0044 kg CO2e per tonne-mile in 2019. This trend indicates a potential commitment to improving efficiency within its operations, although further details on specific initiatives or future targets are not available. Overall, while ABS is actively tracking its carbon intensity, the absence of comprehensive emissions data and formal reduction commitments highlights an area for potential growth in its climate strategy.
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American Bureau of Shipping Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
American Bureau of Shipping Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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