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 18 is higher than 57% 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 significant carbon emissions totalling approximately 9,601,145,000 kg CO2e for Scope 1 and 73,180,000 kg CO2e for Scope 2, resulting in a combined total of about 9,674,325,000 kg CO2e. This marks an increase from 2022, where emissions were approximately 8,149,605,000 kg CO2e for Scope 1 and 35,610,000 kg CO2e for Scope 2, leading to a total of about 8,185,215,000 kg CO2e. Costamare has set ambitious reduction targets, aiming for a 40% decrease in both Scope 1 and Scope 2 emissions by 2030, using 2023 as the baseline year. This commitment reflects the company's proactive approach to addressing climate change and aligns with industry standards for emissions reduction. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, Costamare's climate commitments demonstrate a clear intention to enhance sustainability practices within the maritime industry.
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| 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 | - | - | - | - |
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.
