COSCO SHIPPING Lines Co., Ltd.
COSCO SHIPPING Lines Co., Ltd., a prominent player in the global shipping industry, is headquartered in China (CN). Established in 1961, the company has evolved into a leading provider of container shipping and logistics services, operating extensively across Asia, Europe, and North America. With a diverse fleet and a commitment to innovation, COSCO SHIPPING Lines offers a range of core services, including container transportation, terminal operations, and supply chain management. The company is recognised for its efficient service delivery and extensive network, which positions it as a key competitor in the maritime sector. Notable achievements include significant expansions and strategic partnerships that have enhanced its market presence, making COSCO SHIPPING Lines a trusted name in international trade and logistics.
DitchCarbon Score
How does COSCO SHIPPING Lines 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 Lines Co., Ltd.'s score of 13 is lower than 55% 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 Lines Co., Ltd.'s reported carbon emissions
In 2023, COSCO SHIPPING Lines Co., Ltd. reported total carbon emissions of approximately 13,553,069,000 kg CO2e, comprising about 13,550,499,000 kg CO2e from Scope 1 emissions and about 2,571,000 kg CO2e from Scope 2 emissions. This reflects a decrease from 2022, where total emissions were approximately 15,183,844,000 kg CO2e, with Scope 1 emissions at about 15,181,289,000 kg CO2e and Scope 2 emissions at about 2,555,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Over the past few years, COSCO SHIPPING has shown a trend of reducing its carbon footprint, with emissions decreasing from approximately 16,658,547,000 kg CO2e in 2021 and 15,934,246,000 kg CO2e in 2020. Despite these reductions, COSCO SHIPPING Lines has not set specific reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from the parent company, COSCO SHIPPING Lines Co., Ltd., and reflects the company's commitment to transparency in its environmental impact. Overall, while COSCO SHIPPING Lines has made strides in reducing its emissions, the absence of formal reduction targets suggests an opportunity for enhanced climate commitments in the future.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 3,662,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| 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.
COSCO SHIPPING Lines 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.
