DANAOS CORPORATION
DANAOS Corporation, a leading player in the global shipping industry, is headquartered in Athens, Greece, with significant operations across key maritime regions. Founded in 1972, the company has established itself as a prominent provider of container shipping services, focusing on the management and operation of a modern fleet of container vessels. DANAOS Corporation is renowned for its commitment to operational excellence and sustainability, offering unique services that include vessel chartering and fleet management. With a strong market position, the company has achieved notable milestones, including a substantial expansion of its fleet and strategic partnerships that enhance its competitive edge. As a trusted name in maritime logistics, DANAOS continues to innovate and adapt to the evolving demands of the shipping industry.
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 Transportation 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 25 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
DANAOS CORPORATION's reported carbon emissions
In 2023, Danaos Corporation reported total carbon emissions of approximately 3.1 million tonnes CO2e, comprising 3.1 million tonnes from Scope 1 emissions and about 0.4 million tonnes from Scope 2 emissions. Additionally, Scope 3 emissions were reported at around 290 million tonnes CO2e, which includes significant contributions from business travel (about 4.9 million tonnes), employee commuting (250,000 tonnes), and purchased goods and services (362,000 tonnes). In 2022, the company’s emissions were slightly higher, with Scope 1 emissions at approximately 3.7 million tonnes CO2e, Scope 2 emissions at about 0.5 million tonnes CO2e, and Scope 3 emissions around 331 million tonnes CO2e. Danaos Corporation has not publicly committed to specific reduction targets under frameworks such as the Science Based Targets Initiative (SBTi) or the Carbon Disclosure Project (CDP). However, they received a score of B- in the 2023 CDP assessment, indicating a moderate level of transparency and action regarding climate-related issues. The company continues to focus on improving energy efficiency and reducing emissions intensity, as evidenced by their reported GHG emissions intensity of approximately 0.01405 tonnes CO2e per tonne-mile in 2023. Danaos Corporation's ongoing efforts reflect a commitment to addressing climate change within the shipping industry, although specific reduction initiatives and targets remain unspecified.
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Add to project2022 | 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 |
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.
DANAOS CORPORATION is committed to some reduction initiatives 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.
