Navigator Holdings Ltd. Sustainability Profile
Navigator Holdings Ltd., a leading player in the maritime transportation sector, is headquartered in Great Britain. Founded in 1997, the company has established itself as a prominent operator in the liquefied gas industry, specialising in the transportation of liquefied petroleum gas (LPG) and ammonia. With a fleet of modern, high-capacity vessels, Navigator Holdings is recognised for its commitment to safety and efficiency, setting industry standards in the shipping of these critical resources. The company operates primarily in key regions including Europe, North America, and Asia, ensuring a robust global presence. Notable achievements include the successful expansion of its fleet and strategic partnerships that enhance its market position. Navigator Holdings Ltd. continues to innovate in the maritime sector, providing unique solutions that cater to the evolving needs of its clients in the energy market.
DitchCarbon Score
How does Navigator Holdings 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
Navigator Holdings Ltd.'s score of 55 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Navigator Holdings Ltd.'s reported carbon emissions
In 2024, Navigator Holdings Ltd. reported total carbon emissions of approximately 2,024,042,000 kg CO2e. This figure includes Scope 1 emissions of about 509,037,000 kg CO2e, Scope 2 emissions of approximately 126,020,000 kg CO2e (market-based), and significant Scope 3 emissions totalling around 1,388,985,000 kg CO2e. The previous year, 2023, saw total emissions of about 2,219,528,000 kg CO2e, with Scope 1 at approximately 508,833,000 kg CO2e, Scope 2 at about 312,942,000 kg CO2e (market-based), and Scope 3 emissions at around 1,397,752,000 kg CO2e. Despite these substantial emissions figures, Navigator Holdings Ltd. has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded any emissions data from a parent organization, indicating that all reported figures are derived directly from their own operations. The absence of defined reduction targets suggests that Navigator Holdings Ltd. may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 592,428,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 |
| Scope 3 | 1,589,138,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Navigator Holdings Ltd.'s Industry?
How Carbon Intensive is Navigator Holdings Ltd.'s Location?
Navigator Holdings Ltd.'s Scope 3 Categories Breakdown
Navigator Holdings Ltd.'s Scope 3 emissions, which decreased by 1% last year and decreased by approximately 13% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 69% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 62% of Scope 3 emissions.
Top Scope 3 Categories
Navigator Holdings Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Navigator Holdings Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
