COSCO SHIPPING Lines Co., Ltd. Sustainability Profile
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 60% 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 13,550,499,000 kg CO2e from Scope 1 emissions and 2,571,000 kg CO2e from Scope 2 emissions. This marks a reduction from 2022, where total emissions were about 15,183,844,000 kg CO2e, with Scope 1 emissions at 15,181,289,000 kg CO2e and Scope 2 emissions at 2,555,000 kg CO2e. The company has consistently disclosed emissions data for Scope 1 and Scope 2 over the past few years, with 2021 emissions recorded at approximately 16,658,547,000 kg CO2e, indicating a downward trend in emissions. However, there is no available data for Scope 3 emissions. Despite the significant emissions figures, COSCO SHIPPING Lines has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The emissions data is cascaded from COSCO SHIPPING Lines Co., Ltd. as a current subsidiary, with no additional information from parent or related organizations. Overall, COSCO SHIPPING Lines is actively monitoring its carbon footprint, demonstrating a commitment to transparency in emissions reporting, but lacks defined reduction strategies at this time.
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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 | - | - | - | - | - |
How Carbon Intensive is COSCO SHIPPING Lines Co., Ltd.'s Industry?
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COSCO SHIPPING Lines 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 Lines 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.
