Costamare Inc.
Costamare Inc., a prominent player in the global shipping industry, is headquartered in Monaco (MC) and operates extensively across major maritime regions. Founded in 1974, the company has established itself as a leading provider of containerships, focusing on the acquisition, chartering, and management of a modern fleet. With a diverse portfolio of over 40 vessels, Costamare's unique approach combines operational excellence with a commitment to sustainability, positioning it favourably in the competitive shipping market. The company has achieved significant milestones, including strategic partnerships and a robust presence in the container shipping sector, which underscores its reputation for reliability and innovation. As a trusted name in maritime logistics, Costamare Inc. continues to navigate the complexities of global trade with a forward-thinking vision.
DitchCarbon Score
How does Costamare Inc.'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 Maritime 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
Costamare Inc.'s score of 13 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Costamare Inc.'s reported carbon emissions
In 2023, Costamare Inc., headquartered in Monaco (MC), reported a total emissions intensity of approximately 0.00516 tonnes CO2e per ton-mile. This figure reflects the company's commitment to transparency in its environmental impact, although specific absolute emissions data for Scope 1, 2, and 3 are not disclosed. Costamare has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 40% by 2030, using 2023 as the baseline year. This target demonstrates the company's proactive approach to mitigating its carbon footprint and aligns with industry standards for climate action. While no emissions data has been cascaded from a parent organization, Costamare's initiatives are independently sourced, indicating a direct commitment to sustainability without reliance on external data. The company's focus on reducing emissions is crucial in the context of the shipping industry, which faces increasing scrutiny regarding its environmental impact.
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.
Costamare Inc. 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.
