COSCO SHIPPING Ports Limited, headquartered in Hong Kong, is a leading player in the global port industry. Established in 2003, the company has rapidly expanded its operations across major regions, including Asia, Europe, and the Americas. As a subsidiary of COSCO SHIPPING Holdings, it focuses on providing comprehensive port management and terminal services, distinguishing itself through its advanced technology and efficient operations. With a portfolio that includes container terminals, bulk cargo handling, and logistics services, COSCO SHIPPING Ports has achieved significant milestones, including the development of state-of-the-art facilities that enhance cargo throughput. The company holds a prominent market position, recognised for its strategic partnerships and commitment to sustainability, making it a key contributor to the global supply chain.
How does COSCO SHIPPING Ports Limited'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.
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.
COSCO SHIPPING Ports Limited's score of 23 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, COSCO SHIPPING Ports Limited, headquartered in Hong Kong, reported total carbon emissions of approximately 78497000 kg CO2e for Scope 1, 148492000 kg CO2e for Scope 2, and significant Scope 3 emissions, including 327574000 kg CO2e from investments and 11609000 kg CO2e from fuel and energy-related activities. The combined total for Scope 1 and 2 emissions was about 226989000 kg CO2e. Comparatively, in 2022, the company recorded Scope 1 emissions of about 84895000 kg CO2e and Scope 2 emissions of approximately 150661000 kg CO2e, with Scope 3 emissions including 354264000 kg CO2e from investments. The total for Scope 1 and 2 emissions in 2022 was around 235556000 kg CO2e. COSCO SHIPPING Ports has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, the company continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact. The reported emissions intensity for 2023 was 88 kg CO2e per TEU, indicating ongoing efforts to assess and manage its environmental performance within the shipping industry.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 219,941,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 398,664,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
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 Ports Limited 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.