Costamare Inc. Sustainability Profile
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 18 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Costamare Inc.'s reported carbon emissions
In 2023, Costamare Inc. reported total carbon emissions of approximately 9,604,145,000 kg CO2e, comprising about 9,601,145,000 kg CO2e from Scope 1 and about 73,180,000 kg CO2e from Scope 2 emissions. This represents a significant increase from 2022, when the company emitted approximately 8,189,215,000 kg CO2e, with Scope 1 emissions at about 8,149,605,000 kg CO2e and Scope 2 emissions at about 35,610,000 kg CO2e. 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 targets reflect a proactive approach to mitigating climate impact and align with industry standards for emissions reduction. The company does not currently report Scope 3 emissions, indicating a focus on direct and indirect emissions from its operations. Costamare's emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely from its own operations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,872,348,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Costamare Inc.'s Industry?
How Carbon Intensive is Costamare Inc.'s Location?
Costamare Inc.'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.
Costamare Inc. 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.
