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Public Profile
Land Transportation
SG
updated 4 days ago

Ocean Network Express Pte. Ltd.

Company website

Ocean Network Express Pte. Ltd. (commonly known as ONE) is a leading global container shipping company headquartered in Singapore (SG). Established in 2017, ONE has rapidly positioned itself as a key player in the maritime industry, focusing on providing innovative and efficient shipping solutions across major operational regions, including Asia, Europe, and North America. The company offers a comprehensive range of services, including container shipping, logistics, and supply chain management, distinguished by its commitment to sustainability and customer-centric solutions. ONE's modern fleet and advanced digital platforms enhance operational efficiency, setting it apart in a competitive market. With a strong emphasis on reliability and service quality, Ocean Network Express has achieved significant milestones, including rapid fleet expansion and a growing global presence, solidifying its status as a trusted partner in international trade.

DitchCarbon Score

How does Ocean Network Express Pte. 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.

27

Industry Average

Mean score of companies in the Land Transportation 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.

10

Industry Benchmark

Ocean Network Express Pte. Ltd.'s score of 27 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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Ocean Network Express Pte. Ltd.'s reported carbon emissions

In 2023, Ocean Network Express Pte. Ltd. reported significant carbon emissions, totalling approximately 10,270,566,000 kg CO2e for Scope 1, 9,819,000 kg CO2e for Scope 2, and 2,267,155,000 kg CO2e for Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 70% reduction in Scope 1 emissions per TEU-km from a 2008 baseline by 2030. Additionally, they target a 25% reduction in CO2 emissions per TEU-km by 2030 from a 2018 baseline, with a long-term vision of achieving a 50% reduction by 2050 from the same baseline. These targets reflect Ocean Network Express's commitment to addressing climate change, a critical challenge in the shipping industry. The company is currently on track to meet its near-term goals, supported by various initiatives aimed at reducing greenhouse gas emissions intensity. The emissions data reported is cascaded from the parent organization, ensuring alignment with broader corporate sustainability objectives.

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2023
Scope 1
10,270,566,000
Scope 2
9,819,000
Scope 3
2,267,155,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ocean Network Express Pte. Ltd.'s primary industry is Other land transportation services, which is high 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. This request for Ocean Network Express Pte. Ltd. is in SG, which has a low grid carbon intensity relative to other regions.

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.

Ocean Network Express Pte. Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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