Ceres Hellenic Shipping Enterprises Ltd., a prominent player in the maritime industry, is headquartered in Greece (GR) and operates extensively across key global shipping routes. Founded in 2005, the company has established itself as a leader in the transportation of dry bulk commodities, offering a diverse fleet that includes modern bulk carriers and tankers. Ceres Hellenic Shipping is renowned for its commitment to safety, efficiency, and environmental sustainability, setting it apart in a competitive market. With a focus on providing high-quality shipping services, the company has achieved significant milestones, including expanding its fleet and enhancing operational capabilities. As a trusted partner in the shipping sector, Ceres Hellenic continues to strengthen its market position through innovative solutions and a dedication to excellence.
How does Ceres Hellenic Shipping Enterprises Ltd.'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.
Mean score of companies in the 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.
Ceres Hellenic Shipping Enterprises Ltd.'s score of 6 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ceres Hellenic Shipping Enterprises Ltd., headquartered in Greece (GR), has set ambitious climate commitments aimed at significantly reducing its carbon emissions. The company plans to achieve a reduction of at least 500,000 tonnes of CO2e by 2025. This target is part of a broader strategy that includes the development of a portfolio with an installed capacity of approximately 300MW, which will offset a substantial portion of emissions associated with refinery and natural gas power generation activities. While specific emissions data for recent years is not disclosed, historical data indicates a trend in emissions related to crude oil feed. For instance, in 2015, the emissions factor was about 390.0 kg CO2e per tonne of crude oil, decreasing to approximately 350.0 kg CO2e per tonne by 2019. This reflects a commitment to improving operational efficiency and reducing the carbon footprint over time. Ceres Hellenic Shipping Enterprises Ltd. has outlined its reduction initiatives under Scope 1 and Scope 2 emissions, focusing on direct emissions from owned or controlled sources and indirect emissions from the generation of purchased electricity, respectively. The company is actively working towards achieving net-zero emissions through these initiatives, demonstrating a proactive approach to climate action. Overall, Ceres Hellenic Shipping Enterprises Ltd. is committed to addressing climate change through significant emissions reductions and the development of sustainable energy solutions, aligning with industry standards and expectations for environmental responsibility.
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.
Ceres Hellenic Shipping Enterprises Ltd. 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.