COSCO SHIPPING Holdings Co., Ltd.
COSCO SHIPPING Holdings Co., Ltd., a leading player in the global shipping and logistics industry, is headquartered in China (CN). Founded in 2016, the company emerged from the merger of China Ocean Shipping Company (COSCO) and China Shipping Group, marking a significant milestone in the maritime sector. With a strong presence in Asia, Europe, and North America, COSCO SHIPPING operates a vast fleet that includes container ships, bulk carriers, and oil tankers. The company is renowned for its comprehensive range of services, including container shipping, terminal operations, and logistics solutions, which are distinguished by their efficiency and reliability. As one of the largest shipping companies worldwide, COSCO SHIPPING has achieved notable recognition for its innovative practices and commitment to sustainability, solidifying its market position as a trusted leader in the industry.
DitchCarbon Score
How does COSCO SHIPPING Holdings 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 Inland Water 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
COSCO SHIPPING Holdings Co., Ltd.'s score of 10 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
COSCO SHIPPING Holdings Co., Ltd.'s reported carbon emissions
In 2022, COSCO SHIPPING Holdings Co., Ltd. reported total carbon emissions of approximately 587,112,000 kg CO2e, comprising 220,388,000 kg CO2e from Scope 1 and 366,724,000 kg CO2e from Scope 2. This marked a reduction from 2021, where total emissions were about 636,020,000 kg CO2e, with Scope 1 at 245,656,000 kg CO2e and Scope 2 at 390,364,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for 2022, but in 2019, it reported approximately 21,430,421,000 kg CO2e in Scope 3 emissions. This indicates a significant focus on direct and indirect emissions management, particularly in Scopes 1 and 2. Despite these figures, COSCO SHIPPING has not set specific reduction targets or climate pledges, as indicated by the absence of SBTi reduction targets or documented climate initiatives. The emissions data is not cascaded from any parent organization, and all reported figures are directly from COSCO SHIPPING Holdings Co., Ltd. Overall, while the company has shown a trend of reducing its Scope 1 and 2 emissions, further commitments and transparency regarding its climate strategy and Scope 3 emissions would enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | 00,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | - | - | - |
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.
COSCO SHIPPING Holdings Co., 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.
