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 21 is higher than 95% 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. reported total carbon emissions of approximately 5,682,273,000 kg CO2e from Scope 1 and 907,000 kg CO2e from Scope 2. This represents a slight increase in Scope 1 emissions compared to 2022, where emissions were about 5,075,688,000 kg CO2e, while Scope 2 emissions decreased from approximately 866,000 kg CO2e in the previous year. Costamare has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 40% by 2030, using 2023 as the baseline year. Similarly, the company targets a 40% reduction in Scope 2 emissions by the same year. These initiatives reflect Costamare's commitment to addressing its carbon footprint and contributing to global climate goals. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct emissions and purchased electricity. Overall, Costamare's proactive approach to emissions reduction aligns with industry standards and demonstrates a commitment to sustainability in the maritime sector.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 5,075,688,000 | 0,000,000,000 |
| Scope 2 | 866,000 | 000,000 |
| Scope 3 | - | - |
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.
