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OrganisationsCOSCO SHIPPING PORTS LIMITED
COSCO SHIPPING PORTS LIMITED logo

COSCO SHIPPING PORTS LIMITED

Land TransportationHong Kong SAR China
Last verified 1 day agocoscoshipping.com

COSCO SHIPPING PORTS LIMITED, headquartered in Hong Kong, is a leading player in the Other Land Transportation Services industry. Established in 1992, the company has grown to become a significant force in port operations and logistics, with a strong presence in key regions across Asia, Europe, and the Americas.

Specialising in container terminal operations, COSCO SHIPPING PORTS offers a range of services that include cargo handling, storage, and logistics solutions. Its commitment to innovation and efficiency sets it apart in a competitive market, enabling seamless connectivity for global trade.

With a robust network of terminals and strategic partnerships, COSCO SHIPPING PORTS has achieved notable milestones, solidifying its position as one of the largest port operators worldwide. The company continues to enhance its service offerings, ensuring it meets the evolving needs of the shipping industry.

29
DitchCarbon score

+9 vs industry average

COSCO SHIPPING PORTS LIMITED’s score of 29 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Land Transportation is among the most carbon-intensive industries

Industry performance

0.629
20182025

The Land Transportation industry has reduced its overall emissions by 27% since 2018

Emissions trajectory 2020 – 2027

0.0B000.0M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

COSCO SHIPPING PORTS LIMITED's reported carbon emissions

COSCO SHIPPING PORTS LIMITED Carbon Emissions and Climate Commitments

Headquartered in Hong Kong and operating within the "Other land transportation services" industry, COSCO SHIPPING PORTS LIMITED has reported its carbon emissions across various scopes.

Recent Emissions Data:

For the reporting year 2024, COSCO SHIPPING PORTS LIMITED reported a total of approximately 807.4 million kg CO2e. This comprises:

  • Scope 1 emissions: approximately 76.9 million kg CO2e
  • Scope 2 emissions: approximately 127.0 million kg CO2e
  • Scope 3 emissions: approximately 630.4 million kg CO2e, with significant contributions from downstream transportation and distribution (approximately 406.8 million kg CO2e) and purchased goods and services (approximately 61.0 million kg CO2e).

In 2023, the company's Scope 1 and 2 emissions totalled approximately 227.0 million kg CO2e. For 2022, Scope 1 and 2 emissions were approximately 235.6 million kg CO2e.

Climate Commitments and Reduction Targets:

COSCO SHIPPING PORTS LIMITED has set forth ambitious climate targets:

  • Near-term Target: To reduce the greenhouse gas (Scope 1 and Scope 2) emission intensity of its subsidiaries by 20% by 2030, using 2020 as the base year.
  • Long-term Target: To achieve carbon neutrality no later than 2060.
  • An additional long-term target is to achieve carbon neutrality by 2050, with a 55% reduction compared to the 2020 baseline.

These targets are cascaded from the ultimate parent organisation. The company's reporting indicates disclosure across Scope 1, 2, and 3 emissions, with detailed breakdowns for various Scope 3 categories where data is available.

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COSCO SHIPPING PORTS LIMITED’s Climate Goals (2030 & 2050)

2025

Near-zero scope 1 & 2

Target to achieve near-zero emissions for direct operations and purchased energy

On track94%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

11 of 15 categories disclosed
Downstream Transportation & Distribution65%
Investments12%
Purchased Goods & Services10%
Fuel & Energy Activities10%
Capital Goods1%
Upstream Transportation & Distribution1%
Downstream Leased Assets1%
Upstream Leased Assets1%
Downstream Transportation & Distribution65%
Investments12%
Purchased Goods & Services10%
Fuel & Energy Activities10%
Capital Goods1%
Upstream Transportation & Distribution1%
Downstream Leased Assets1%
Upstream Leased Assets1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
COSCO SHIPPING PORTS LIMITED logoCOSCO SHIPPING PORTS LIMITED
HKLand Transportation
1 day ago
29
Ap Moller Maersk logoAp Moller Maersk
DKMaritime Transport
5 days ago
72
View
Cma Cgm logoCma Cgm
FRMaritime Transport
5 days ago
67
View
Dp World logoDp World
AEMaritime Transport
5 days ago
58
View
Kuehne Plus Nagel logoKuehne Plus Nagel
CHFreight Transportation Arrangement
2 days ago
56
View
Hutchison Port Holdings Trust logoHutchison Port Holdings Trust
SGInland Water Transport
5 days ago
48
View
Port Of Rotterdam logoPort Of Rotterdam
NLMaritime Transport
5 days ago
40
View

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Ditchcarbonv260724.2
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