China Merchants Group Limited
China Merchants Group Limited, headquartered in Hong Kong, is a leading state-owned enterprise with a rich history dating back to 1872. As a prominent player in the shipping and logistics industry, the company operates across various sectors, including transportation, infrastructure, and finance, with significant activities in Asia and beyond. Renowned for its diverse portfolio, China Merchants Group offers unique services such as shipping, port operations, and logistics solutions, setting itself apart through innovation and efficiency. The company has achieved notable milestones, solidifying its market position as a key contributor to China's economic development. With a commitment to sustainable practices and technological advancement, China Merchants Group continues to shape the future of global trade and logistics.
DitchCarbon Score
How does China Merchants Group 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 Real Estate Services 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 Group Limited's score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China Merchants Group Limited's reported carbon emissions
In 2021, China Merchants Group Limited reported total carbon emissions of approximately 242,943,980 kg CO2e. This figure includes about 9,951,600 kg CO2e from Scope 1 emissions and approximately 232,992,380 kg CO2e from Scope 2 emissions. In 2020, the company’s emissions were about 9,592,690 kg CO2e, with Scope 1 contributing approximately 1,393,710 kg CO2e and Scope 2 accounting for around 8,198,980 kg CO2e. The 2019 emissions were higher, totalling about 10,059,620 kg CO2e, with Scope 1 emissions at approximately 1,621,740 kg CO2e and Scope 2 at about 8,437,880 kg CO2e. Despite these figures, China Merchants Group Limited has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets suggests that the company may still be in the early stages of formalising its climate commitments. As a major player in the industry, the company’s future actions will be crucial in addressing climate change and reducing emissions in line with global standards.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 1,621,740 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,437,880 | 0,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
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.
China Merchants Group Limited 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.
