Cargo Services Far East Limited
Cargo Services Far East Limited, commonly known as Cargo Services, is a leading logistics provider headquartered in Hong Kong. Established in 1983, the company has built a strong reputation in the freight forwarding and logistics industry, serving major operational regions across Asia and beyond. Specialising in air and sea freight, warehousing, and supply chain management, Cargo Services distinguishes itself through its commitment to customer-centric solutions and innovative technology. The company has achieved significant milestones, including strategic partnerships and expansions that enhance its service offerings. With a robust market position, Cargo Services Far East Limited is recognised for its reliability and efficiency, making it a preferred choice for businesses seeking comprehensive logistics solutions. Its dedication to excellence continues to drive its growth and success in the competitive logistics landscape.
DitchCarbon Score
How does Cargo Services Far East 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
Cargo Services Far East Limited's score of 38 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cargo Services Far East Limited's reported carbon emissions
In 2023, Cargo Services Far East Limited, headquartered in Hong Kong (HK), reported significant carbon emissions, primarily from Scope 2 sources. The company recorded approximately 657,674 kg CO2e from purchased electricity in HK. On a global scale, the total Scope 2 emissions reached about 4,073,213 kg CO2e, alongside Scope 3 emissions of approximately 2,015,040,000 kg CO2e, which included about 1,833,500 kg CO2e from employee commuting. Despite these figures, Cargo Services Far East Limited has not set specific reduction targets or initiatives as part of their climate commitments. The emissions data is cascaded from their parent company, DP World Limited, indicating a corporate family relationship that influences their sustainability strategies. The absence of defined reduction targets suggests that while the company is aware of its carbon footprint, it may still be in the early stages of developing a comprehensive climate action plan. The focus on Scope 2 emissions highlights the importance of energy consumption in their operations, which could be a key area for future improvement.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | - | 0,000,000.00 |
| Scope 3 | 1,334,400 | 0,000,000,000 |
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.
Cargo Services Far East Limited is not participating in any of the initiatives that 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.
