DANAOS CORPORATION

DANAOS CORPORATION's reported carbon emissions

Danaos Corporation, a prominent entity in the sea and coastal water transportation services sector headquartered in Greece (GR), has reported its carbon emissions across several years, providing insight into its environmental impact. For the reporting year 2024, Danaos Corporation's total absolute emissions reached approximately 379,956 billion kg CO2e. This figure encompasses Scope 1 emissions of about 3,799,558,000,000 kg CO2e and Scope 2 emissions of approximately 305,000 kg CO2e. Scope 3 emissions for the same period were reported at about 340,667,327,000 kg CO2e, with significant contributions from fuel and energy-related activities, and business travel. In 2023, the company's total emissions were approximately 3,409 billion kg CO2e. This included Scope 1 emissions of about 3,119,979,000 kg CO2e and Scope 2 emissions of approximately 364,700 kg CO2e. Scope 3 emissions for 2023 amounted to about 289,789,000 kg CO2e, with a substantial portion stemming from fuel and energy-related activities. The year 2022 saw total emissions of approximately 4,006.6 billion kg CO2e. Scope 1 emissions were reported at about 3,675,991,000 kg CO2e, with Scope 2 emissions at approximately 473,700 kg CO2e. Scope 3 emissions for 2022 totalled about 330,655,000 kg CO2e, though specific sub-category data for purchased goods and services and fuel and energy-related activities was not disclosed. Danaos Corporation does not currently have specific reduction targets documented, nor is it part of any Science Based Targets initiative (SBTi) commitments or the Climate Pledge as per the provided information. However, the company does disclose key emissions data points and has provided indicators such as "Average Energy Efficiency Design Index (EEDI) for new ships" and "GHG Emissions Intensity (Bulk)" which suggest an awareness of environmental performance metrics within the maritime industry. The company's reported emissions data is not cascaded from a parent organisation.