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 51% 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, reflecting their operational impact on carbon emissions. This data is derived from their 2023 ESG report, which outlines their commitment to reducing carbon emissions across various scopes. Costamare has set ambitious targets to reduce its carbon footprint, aiming for a 40% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2023 as the baseline year. This commitment underscores their proactive approach to addressing climate change and aligns with industry standards for sustainability. While specific absolute emissions data for Scope 1, Scope 2, and Scope 3 are not disclosed, the company's focus on reducing emissions intensity and setting clear reduction targets demonstrates a commitment to improving their environmental performance. The absence of cascaded emissions data indicates that Costamare is independently reporting its climate initiatives without reliance on parent company data. Overall, Costamare Inc. is taking significant steps towards enhancing its sustainability practices and reducing its carbon emissions in the maritime industry.
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.
