DANAOS CORPORATION Sustainability Profile
DANAOS Corporation, a leading player in the global shipping industry, is headquartered in Greece (GR) and operates extensively across major maritime regions. Founded in 1972, the company has established itself as a prominent provider of container shipping services, managing a modern fleet that includes some of the largest and most efficient vessels in the world. Specialising in the operation of container ships, DANAOS is recognised for its commitment to innovation and sustainability, offering unique solutions that enhance operational efficiency. The company has achieved significant milestones, including strategic partnerships and expansions that solidify its market position. With a focus on delivering high-quality services, DANAOS Corporation continues to be a key contributor to the maritime sector, known for its reliability and expertise in container transportation.
DitchCarbon Score
How does DANAOS CORPORATION'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
DANAOS CORPORATION's score of 28 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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DANAOS CORPORATION's reported carbon emissions
In 2023, Danaos Corporation, headquartered in Greece (GR), reported significant carbon emissions, with Scope 1 emissions totalling approximately 3,119,979,000 kg CO2e, Scope 2 emissions at about 364,700 kg CO2e, and Scope 3 emissions reaching approximately 289,789,000 kg CO2e. The company has disclosed its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact. Danaos Corporation has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges. However, the company is actively working on initiatives to reduce its carbon intensity, achieving a reduction of about 4.75% in carbon intensity as part of its ongoing efforts to improve sustainability. The emissions data reflects a comprehensive approach to understanding and managing its carbon footprint, with a focus on both operational and supply chain emissions. Danaos Corporation's commitment to addressing climate change is evident, although specific reduction targets have yet to be established.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 3,675,991,000 | 0,000,000,000 |
| Scope 2 | 473,700 | 000,000 |
| Scope 3 | 330,655,000 | 000,000,000 |
How Carbon Intensive is DANAOS CORPORATION's Industry?
How Carbon Intensive is DANAOS CORPORATION's Location?
DANAOS CORPORATION's Scope 3 Categories Breakdown
DANAOS CORPORATION's Scope 3 emissions, which decreased by 12% last year and decreased by approximately 12% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 8% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 2% of Scope 3 emissions.
Top Scope 3 Categories
DANAOS CORPORATION'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.
DANAOS CORPORATION 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.
