Korea Marine Transport Co., Ltd.
Korea Marine Transport Co., Ltd. (commonly referred to as KMTC) is a leading player in the maritime transport industry, headquartered in South Korea (KR). Established in 1967, KMTC has built a robust reputation for providing reliable shipping services across major operational regions, including Asia, Europe, and North America. Specialising in container shipping, KMTC offers a diverse range of services that include cargo transportation, logistics solutions, and port operations. The company is distinguished by its commitment to efficiency and customer satisfaction, utilising advanced technology to optimise shipping routes and reduce transit times. With a strong market position, KMTC has achieved significant milestones, including a growing fleet and expanded global reach, solidifying its status as a trusted partner in international trade.
DitchCarbon Score
How does Korea Marine Transport Co., Ltd.'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
Korea Marine Transport Co., Ltd.'s score of 2 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Korea Marine Transport Co., Ltd.'s reported carbon emissions
In 2023, Korea Marine Transport Co., Ltd. reported significant carbon emissions, totalling approximately 4,242,246,000 kg CO2e across all scopes. This includes about 19,003,600 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and about 36,410,400 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, approximately 4,186,832,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain, including the use of sold products and purchased goods and services. In comparison, the previous year, 2022, the company reported about 12,662,400 kg CO2e in Scope 1 and approximately 32,806,100 kg CO2e in Scope 2 emissions, leading to a combined total of about 45,468,400 kg CO2e for Scope 1 and 2. This indicates a notable increase in emissions in 2023, particularly in Scope 3, which reflects the company's extensive operational footprint. Korea Marine Transport Co., Ltd. has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The company’s emissions data is not cascaded from any parent organisation, and all reported figures are derived directly from their own operations. Overall, while the company has made strides in reporting its emissions, the lack of reduction targets suggests an opportunity for enhanced climate action and commitment to sustainability in the maritime transport sector.
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.
Korea Marine Transport Co., Ltd. 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.
