MSC Mediterranean Shipping Company Holding SA

MSC Mediterranean Shipping Company Holding SA, based in Switzerland and operating in inland water transportation services, reported Scope 1 emissions of approximately 44.05 billion kg CO2e for 2024. For the same year, Scope 2 market-based emissions were about 260.95 million kg CO2e, and Scope 2 location-based emissions were roughly 231.12 million kg CO2e. Scope 3 emissions in 2024 totalled approximately 24.01 billion kg CO2e, with significant contributions from capital goods (about 10.84 billion kg CO2e), purchased goods and services (around 3.77 billion kg CO2e), and fuel and energy related activities (about 8.05 billion kg CO2e). Investments accounted for approximately 1.35 billion kg CO2e within Scope 3.

In 2023, MSC's Scope 1 emissions were approximately 33.05 billion kg CO2e, Scope 2 emissions were about 238.50 million kg CO2e, and Scope 3 emissions were around 10.85 billion kg CO2e. Key Scope 3 categories included fuel and energy related activities (about 7.47 billion kg CO2e) and purchased goods and services (around 3.37 billion kg CO2e). The company also reported a Scope 1 GHG emissions intensity of 0.01346 g CO2/tonne of cargo*mile for 2023.

Looking back to 2022, Scope 1 emissions were about 33.06 billion kg CO2e, Scope 2 emissions were roughly 192.86 million kg CO2e, and Scope 3 emissions stood at approximately 7.50 billion kg CO2e. In 2021, only Scope 1 emissions were reported, totalling approximately 33.80 billion kg CO2e. The Scope 1 GHG emissions intensity was 0.01473 g CO2/tonne of cargomile in 2022 and 0.01434 g CO2/tonne of cargomile in 2021.

MSC is committed to achieving net-zero decarbonisation by 2050 across all scopes. The company has set absolute reduction targets for its total annual GHG emissions: a 9% absolute reduction in total shipping emissions by 2030 (compared to a 2022 baseline) and a 68% absolute reduction by 2040 (compared to a 2022 baseline). Historically, the company also aimed for a 20% reduction (striving for 30%) in total annual GHG emissions by 2030 compared to 2008, and a 70% reduction (striving for 80%) by 2040 compared to 2008.