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OrganisationsCOSCO SHIPPING Development Co., Ltd.
COSCO SHIPPING Development Co., Ltd. logo

COSCO SHIPPING Development Co., Ltd.

Construction WorkChina
Last verified 9 months agocoscoshipping.com

COSCO SHIPPING Development Co., Ltd., a prominent player in the maritime and logistics industry, is headquartered in China (CN). Established in 2016, the company has rapidly evolved, focusing on shipping finance, container leasing, and logistics services across major operational regions, including Asia, Europe, and North America.

As a subsidiary of COSCO SHIPPING Holdings, COSCO SHIPPING Development stands out for its extensive fleet and innovative solutions tailored to meet the dynamic needs of global trade. The company’s core offerings include container leasing and shipping finance, which are distinguished by their flexibility and competitive pricing.

With a strong market position, COSCO SHIPPING Development has achieved significant milestones, contributing to the growth of the global shipping industry and enhancing its reputation as a reliable partner in maritime logistics.

13
DitchCarbon score

-13 vs industry average

COSCO SHIPPING Development Co., Ltd.’s score of 13 is lower than 31% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Medium

Construction Work has typical carbon intensity

Industry performance

0.195
20192025

The Construction Work industry has reduced its overall emissions by 33% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M00M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

COSCO SHIPPING Development Co., Ltd.'s reported carbon emissions

In 2024, COSCO SHIPPING Development Co., Ltd. reported total emissions of approximately 236,099,970 kg CO2e, comprising 46,329,580 kg CO2e from Scope 1 and 189,770,390 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, the total emissions were approximately 155,291,000 kg CO2e, with Scope 1 emissions at 28,186,000 kg CO2e and Scope 2 emissions at 127,105,000 kg CO2e. This indicates a significant increase in emissions over the two-year period. COSCO SHIPPING Development has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s climate strategy appears to be in its early stages, with no formal climate pledges reported. Overall, COSCO SHIPPING Development Co., Ltd. is actively monitoring its carbon emissions but currently lacks comprehensive reduction strategies or commitments to mitigate its environmental impact.

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COSCO SHIPPING Development Co., Ltd.’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for COSCO SHIPPING Development Co., Ltd. yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

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COSCO SHIPPING Development Co., Ltd. logoCOSCO SHIPPING Development Co., Ltd.
CNConstruction Work
9 months ago
13
Hapag-Lloyd Kreuzfahrten GmbH logoHapag-Lloyd Kreuzfahrten GmbH
DETransport Services
12 days ago
82
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Cma Cgm logoCma Cgm
FRMaritime Transport
9 days ago
75
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H
Hamburg Sud North America, Inc.
USLand Transportation
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USLand Transportation
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American President Lines, Ltd. logoAmerican President Lines, Ltd.
USMaritime Transport
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Ditchcarbonv260319.2
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