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.
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.
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.
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.
In 2023, Korea Marine Transport Co., Ltd. reported significant carbon emissions, totalling approximately 4,242,246,000 kg CO2e across all scopes. This includes 19,003,600 kg CO2e from Scope 1, 36,410,400 kg CO2e from Scope 2, and a substantial 4,224,224,600 kg CO2e from Scope 3 emissions. The combined total for Scope 1 and 2 emissions was about 55,414,100 kg CO2e. The company has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organisation. As such, there are no reported commitments to the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction strategies suggests that Korea Marine Transport Co., Ltd. may be in the early stages of developing a comprehensive climate action plan. Overall, the emissions data indicates a significant environmental impact, particularly from Scope 3 emissions, which are often the largest contributor in the maritime transport sector. The company may benefit from establishing clear reduction targets and initiatives to align with industry standards and enhance its sustainability profile.
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.