COSCO SHIPPING International (Singapore) Co., Ltd. Sustainability Profile
COSCO SHIPPING International (Singapore) Co., Ltd., a prominent player in the maritime and logistics industry, is headquartered in Singapore (SG). Established in 1997, the company has evolved significantly, marking key milestones in its journey towards becoming a leading provider of integrated shipping and logistics solutions across Asia and beyond. Specialising in container shipping, freight forwarding, and supply chain management, COSCO SHIPPING International distinguishes itself through its commitment to innovation and customer-centric services. The company’s extensive network and strategic partnerships enhance its operational efficiency, making it a preferred choice for businesses seeking reliable logistics solutions. With a strong market position, COSCO SHIPPING International has garnered recognition for its exceptional service quality and operational excellence, solidifying its reputation as a trusted partner in the global shipping landscape.
DitchCarbon Score
How does COSCO SHIPPING International (Singapore) 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 Land Transportation 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 International (Singapore) Co., Ltd.'s score of 7 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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COSCO SHIPPING International (Singapore) Co., Ltd.'s reported carbon emissions
In 2024, COSCO SHIPPING International (Singapore) Co., Ltd. reported total carbon emissions of approximately 23,082,320 kg CO2e, comprising 19,150,900 kg CO2e from Scope 1 emissions and 3,931,410 kg CO2e from Scope 2 emissions. This marks a slight increase from 2023, when emissions were about 21,244,290 kg CO2e, with Scope 1 emissions at 17,205,590 kg CO2e and Scope 2 emissions at 4,038,700 kg CO2e. Despite the increase in emissions, COSCO SHIPPING International (Singapore) has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company is a current subsidiary of China COSCO Shipping Corporation Limited, which may influence its overall emissions strategy and reporting. The absence of Scope 3 emissions data indicates a potential area for improvement in their sustainability reporting. As the shipping industry faces increasing scrutiny regarding its environmental impact, COSCO SHIPPING International (Singapore) Co., Ltd. may need to enhance its climate commitments and transparency to align with industry standards and stakeholder expectations.
How Carbon Intensive is COSCO SHIPPING International (Singapore) Co., Ltd.'s Industry?
How Carbon Intensive is COSCO SHIPPING International (Singapore) Co., Ltd.'s Location?
COSCO SHIPPING International (Singapore) 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.
COSCO SHIPPING International (Singapore) 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.
