Public Profile

Marco Polo Marine

Marco Polo Marine Ltd, headquartered in Singapore (SG), is a prominent player in the maritime industry, specialising in shipbuilding, repair, and marine logistics. Founded in 1996, the company has established a strong presence in Southeast Asia, particularly in key operational regions such as Indonesia and Malaysia. With a diverse portfolio that includes offshore support vessels and tugboats, Marco Polo Marine distinguishes itself through its commitment to quality and innovation. The company has achieved significant milestones, including the successful delivery of numerous vessels that meet stringent international standards. Recognised for its reliability and expertise, Marco Polo Marine continues to strengthen its market position, catering to the evolving needs of the maritime sector.

DitchCarbon Score

How does Marco Polo Marine'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.

8

Industry Average

Mean score of companies in the Business Services 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.

9

Industry Benchmark

Marco Polo Marine's score of 8 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

Marco Polo Marine's reported carbon emissions

In 2023, Marco Polo Marine, headquartered in Singapore (SG), reported total carbon emissions of approximately 9,876,600 kg CO2e. This figure includes about 4,617,000 kg CO2e from Scope 1 emissions and about 5,260,000 kg CO2e from Scope 2 emissions. The company's emissions for 2022 were higher, at about 11,170,700 kg CO2e, with Scope 1 contributing approximately 6,569,000 kg CO2e and Scope 2 at about 4,602,000 kg CO2e. From 2021 to 2023, Marco Polo Marine has shown a notable reduction in total emissions, decreasing from about 6,921,900 kg CO2e in 2021 to the latest figure in 2023. However, there are no specific reduction targets or climate pledges disclosed in their reports, indicating a potential area for improvement in their climate commitments. The company’s emissions intensity has also improved, reflecting a commitment to reducing its carbon footprint relative to revenue. As the marine industry increasingly focuses on sustainability, Marco Polo Marine's ongoing efforts to monitor and manage its emissions will be crucial in aligning with global climate goals.

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Add to project
2021202220232024
Scope 1
3,282,000
0,000,000
0,000,000
00,000,000
Scope 2
3,639,900
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Marco Polo Marine's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Marco Polo Marine is headquartered in SG, which has a rank of low, indicating low grid carbon 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.

Marco Polo Marine 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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