Danaos Shipping Co
Danaos Shipping Co. Ltd., commonly referred to as Danaos, is a prominent player in the global shipping industry, headquartered in Greece (GR). Founded in 1972, the company has established itself as a leading provider of container shipping services, operating a modern fleet that spans major operational regions including Asia, Europe, and North America. Specialising in the ownership and operation of containerships, Danaos offers unique solutions that cater to the evolving needs of international trade. The company is recognised for its commitment to operational efficiency and environmental sustainability, positioning itself as a trusted partner in the maritime sector. With a strong market presence and a history of strategic growth, Danaos Shipping Co. continues to achieve notable milestones, solidifying its reputation as a key player in the shipping industry.
DitchCarbon Score
How does Danaos Shipping Co'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 Shipping Co's score of 21 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 Shipping Co's reported carbon emissions
In 2023, Danaos Shipping Co reported total carbon emissions of approximately 3,090,701,000 kg CO2e for Scope 1, 364,700 kg CO2e for Scope 2, and 289,789,000 kg CO2e for Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 3,729,025,000 kg CO2e in 2021 and 3,675,991,000 kg CO2e in 2022. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Danaos Shipping's emissions intensity has shown improvement, with a GHG emissions intensity of 0.01405 tonne/mile in 2023, down from 0.01568 tonne/mile in 2022. The company continues to focus on enhancing energy efficiency, as indicated by their Energy Efficiency Operational Indicator (EEOI) of 0.01405 in 2023. Overall, while Danaos Shipping Co has made strides in reducing its emissions intensity, it has yet to establish formal reduction targets or commitments to further mitigate its carbon footprint.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,070,913,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | 000,000 | 000,000 |
| Scope 3 | - | - | - | 000,000,000 | 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 Shipping Co is not committed to any 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.
