China Merchants Port Holdings Company Limited, commonly known as China Merchants Port, is a leading player in the global port and logistics industry, headquartered in Hong Kong. Established in 1992, the company has grown to become one of the largest port operators in China, with significant operations across major coastal regions, including Guangdong and Shanghai. Specialising in container terminal operations, logistics services, and port-related services, China Merchants Port distinguishes itself through its extensive network and advanced technology. The company has achieved notable milestones, including strategic partnerships and expansions that enhance its market position. With a commitment to efficiency and innovation, China Merchants Port continues to play a pivotal role in facilitating international trade and maritime logistics.
How does China Merchants Port'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 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.
China Merchants Port's score of 13 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, China Merchants Port reported total carbon emissions of approximately 285,912,000 kg CO2e, comprising 62,802,000 kg CO2e from Scope 1 and 223,110,000 kg CO2e from Scope 2. Additionally, the company recorded 48,430 kg CO2e in Scope 3 emissions, specifically from business travel. Over the years, emissions have shown a significant increase, with total emissions rising from about 118,068,900 kg CO2e in 2019 to 290,367,000 kg CO2e in 2022. This trend indicates a growing carbon footprint, despite the company's revenue increase from approximately USD 1.14 billion in 2020 to about USD 1.47 billion in 2023. China Merchants Port has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. The absence of such commitments may reflect a broader industry context where many companies are still developing comprehensive climate strategies. Overall, while China Merchants Port's emissions data highlights a substantial carbon footprint, the lack of defined reduction targets suggests an opportunity for the company to enhance its climate commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 34,303,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 83,765,900 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | 00,000 |
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 Port 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.