COSCO SHIPPING Lines Co., Ltd.

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

COSCO SHIPPING Lines Co., Ltd., headquartered in CN and operating in Inland water transportation services, reported significant carbon emissions in its latest filings. For the year 2024, the company's Scope 1 emissions were approximately 14,964,910,000 kg CO2e, with Scope 2 emissions at about 2,274,000 kg CO2e. This represents a combined total of approximately 14,967,184,000 kg CO2e for Scopes 1 and 2. In 2023, COSCO SHIPPING Lines reported Scope 1 emissions of approximately 13,550,499,000 kg CO2e and Scope 2 emissions of about 2,571,000 kg CO2e, leading to a combined total of approximately 13,553,069,000 kg CO2e for these scopes. The company's emissions data is cascaded from COSCO SHIPPING Lines Co., Ltd. itself. For the year 2022, Scope 1 emissions stood at approximately 15,181,289,000 kg CO2e, with Scope 2 emissions at approximately 2,555,000 kg CO2e, totalling around 15,183,844,000 kg CO2e for Scopes 1 and 2. In 2021, Scope 1 emissions were reported at approximately 16,654,623,000 kg CO2e, and Scope 2 emissions at about 3,925,000 kg CO2e, resulting in a combined total of approximately 16,658,547,000 kg CO2e. The company also disclosed an intensity of greenhouse gas emissions of 7.465 x 10⁻⁵ kg CO2e per unit of revenue for this year. For 2020, COSCO SHIPPING Lines recorded Scope 1 emissions of approximately 15,930,457,000 kg CO2e and Scope 2 emissions of approximately 3,789,000 kg CO2e, with a combined total of approximately 15,934,246,000 kg CO2e. The intensity of greenhouse gas emissions was noted as 0.0001421 kg CO2e per unit of revenue. In 2019, Scope 1 emissions data was not available, but Scope 2 emissions were approximately 3,662,000 kg CO2e, contributing to a Scope 1 and 2 total of approximately 15,935,421,000 kg CO2e. An intensity of greenhouse gas emission of 0.00016168 kg CO2e per unit of revenue was reported. For 2018, the company reported Scope 1 emissions of approximately 16,014,898,000 kg CO2e and Scope 2 emissions of approximately 3,662,000 kg CO2e. COSCO SHIPPING Lines Co., Ltd. has not disclosed specific reduction targets or commitments, such as SBTi (Science Based Targets initiative) targets, climate pledges, or RE100 initiatives, based on the provided information. However, the company's reporting indicates a focus on disclosing Scope 1 and 2 emissions, with Scope 3 data not yet made public. The available emissions data shows year-on-year fluctuations, with a general trend of reduction from 2021 to 2024 for combined Scope 1 and 2 emissions.