China Merchants Energy Shipping Co., Ltd. Sustainability Profile
China Merchants Energy Shipping Co., Ltd. (CMES) is a prominent player in the maritime industry, headquartered in China (CN). Established in 2004, the company has rapidly evolved to become a leader in energy transportation, primarily focusing on the shipping of crude oil, liquefied natural gas (LNG), and refined petroleum products. With a strong operational presence in key regions such as Asia-Pacific and beyond, CMES is recognised for its commitment to safety and efficiency in energy logistics. The company’s fleet is distinguished by its state-of-the-art vessels, which are designed to meet stringent environmental standards. Notable achievements include a robust market position bolstered by strategic partnerships and a reputation for reliability. CMES continues to innovate within the energy shipping sector, ensuring it remains at the forefront of industry developments.
DitchCarbon Score
How does China Merchants Energy Shipping Co., 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.
Industry Average
Mean score of companies in the Maritime Transport 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
China Merchants Energy Shipping Co., Ltd.'s score of 7 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Merchants Energy Shipping Co., Ltd.'s reported carbon emissions
China Merchants Energy Shipping Co., Ltd., headquartered in CN, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing its carbon footprint at this time. As there are no emissions data or reduction initiatives available, it is unclear how China Merchants Energy Shipping Co., Ltd. aligns with industry standards for climate action. The absence of emissions reporting may reflect a broader trend within the shipping industry, where many companies are increasingly pressured to disclose their environmental impact and set ambitious targets for emissions reductions. In summary, without specific emissions data or climate commitments, it is challenging to assess the company's environmental performance or its alignment with global climate goals.
How Carbon Intensive is China Merchants Energy Shipping Co., Ltd.'s Industry?
How Carbon Intensive is China Merchants Energy Shipping Co., Ltd.'s Location?
China Merchants Energy Shipping Co., Ltd.'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.
China Merchants Energy Shipping Co., Ltd. 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.
