Azerbaijan Caspian Shipping Company – ASCO
Azerbaijan Caspian Shipping Company, commonly known as ASCO, is a leading maritime enterprise headquartered in Baku, Azerbaijan. Established in 1996, ASCO has significantly contributed to the shipping and logistics industry in the Caspian Sea region, focusing on cargo transportation, shipbuilding, and port services. With a diverse fleet and extensive operational capabilities, ASCO stands out for its commitment to safety and efficiency in maritime operations. The company has achieved notable milestones, including the modernisation of its fleet and the expansion of its service offerings, positioning itself as a key player in the regional shipping market. ASCO's dedication to innovation and quality service continues to enhance its reputation as a trusted partner in the maritime sector.
DitchCarbon Score
How does Azerbaijan Caspian Shipping Company – ASCO'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 Pipeline 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
Azerbaijan Caspian Shipping Company – ASCO's score of 19 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Azerbaijan Caspian Shipping Company – ASCO's reported carbon emissions
In 2023, the Azerbaijan Caspian Shipping Company (ASCO) reported total carbon emissions of approximately 246,255,000 kg CO2e, comprising 246,255,000 kg CO2e from Scope 1, 12,500 kg CO2e from Scope 2, and 62,695,000 kg CO2e from Scope 3 emissions. This reflects a significant operational footprint, particularly in Scope 1 emissions, which are primarily associated with direct fuel combustion and operational activities. Over the years, ASCO's emissions have shown variability. For instance, in 2022, the company emitted about 291,614,000 kg CO2e, indicating a reduction in total emissions in 2023. However, there are no specified reduction targets or initiatives documented in their climate commitments, suggesting a potential area for improvement in their sustainability strategy. ASCO's emissions data from previous years highlights a trend of fluctuating emissions, with Scope 1 emissions peaking at approximately 302,000,000 kg CO2e in 2014 and gradually decreasing to 246,255,000 kg CO2e by 2023. The company has not publicly committed to specific science-based targets or reduction initiatives, which could enhance their climate action credibility. Overall, while ASCO has made strides in managing its carbon footprint, the absence of formal reduction targets may limit its effectiveness in addressing climate change comprehensively.
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Add to project| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 302,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 17,030,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 4,340,000 | 00,000,000 | 000,000,000 | 000,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Azerbaijan Caspian Shipping Company – ASCO 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.
