Navios Maritime Partners L.P., commonly referred to as Navios, is a prominent player in the global shipping industry, headquartered in Monte Carlo (MC). Founded in 2007, the company has established itself as a leading provider of maritime transportation and logistics services, primarily focusing on the transportation of dry bulk and containerised cargoes. With a diverse fleet operating across key regions, including the Americas, Europe, and Asia, Navios Maritime Partners offers unique services that cater to the evolving needs of the shipping market. The company is recognised for its commitment to operational excellence and sustainability, positioning itself as a reliable partner in the maritime sector. Notable achievements include a robust market presence and a strategic approach to fleet management, ensuring competitive advantages in a dynamic industry landscape.
How does Navios Maritime Partners L.P.'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.
Navios Maritime Partners L.P.'s score of 21 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Navios Maritime Partners L.P. reported a revenue of approximately $1.21 billion but did not disclose specific carbon emissions data in kg CO2e for that year. However, the company has set ambitious climate commitments, aligning with the International Maritime Organization's (IMO) goal to reduce total annual greenhouse gas (GHG) emissions by at least 50% by 2050 compared to 2008 levels. Navios Maritime Partners has established near-term reduction targets through the Science Based Targets initiative (SBTi). The company commits to reducing absolute Scope 1 GHG emissions by 42% by FY2030 from a FY2022 base year. Similarly, it aims for a 42% reduction in absolute Scope 2 GHG emissions by the same timeframe. These targets are designed to be consistent with the reductions necessary to limit global warming to 1.5°C. The company has not disclosed any Scope 3 emissions data, and there is no information available regarding specific emissions figures for previous years. The absence of detailed emissions data highlights the need for further transparency in their climate reporting. Overall, Navios Maritime Partners L.P. is taking significant steps towards addressing its carbon footprint and contributing to global climate goals.
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.
Navios Maritime Partners L.P. is participating in some 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.