Ocean Network Express Pte. Ltd.

Ocean Network Express Pte. Ltd., headquartered in Singapore and operating in other land transportation services, is actively addressing its carbon footprint and has established climate commitments.

In 2024, Ocean Network Express reported Scope 1 emissions of approximately 11,531,533,000 kg CO2e, Scope 2 market-based emissions of about 10,363,000 kg CO2e, and Scope 3 emissions from fuel and energy related activities of roughly 2,562,901,000 kg CO2e. For 2023, the company disclosed Scope 1 emissions of approximately 10,270,566,000 kg CO2e, Scope 2 market-based emissions of about 9,819,000 kg CO2e, and Scope 3 emissions from fuel and energy related activities of roughly 2,267,155,000 kg CO2e. In 2022, Ocean Network Express's Scope 1 emissions were approximately 9,388,797,000 kg CO2e, with Scope 2 market-based emissions at about 10,599,000 kg CO2e. For 2021, Scope 1 emissions were approximately 10,927,754,000 kg CO2e, and Scope 2 market-based emissions were about 10,427,000 kg CO2e. In 2020, the company reported Scope 1 emissions of approximately 11,587,582,000 kg CO2e and Scope 2 location-based emissions of about 140,000 kg CO2e. Prior to this, in 2019, Ocean Network Express's Scope 1 emissions were approximately 13,448,125,000 kg CO2e, with Scope 2 emissions at about 158,000 kg CO2e. In 2018, Scope 1 emissions were approximately 10,090,333,000 kg CO2e, and Scope 2 purchased electricity emissions were about 161,100 kg CO2e.

Ocean Network Express has set ambitious reduction targets. The company aims for a 70% reduction in Scope 1 emissions per TEU-km by 2030, using a 2008 baseline. This target is stated as "ON TRACK" in their 2024 Sustainability Report. They are also committed to achieving net-zero emissions across all scopes (Scope 1, 2, and 3) by 2050. Earlier targets included a medium-term goal of a 25% reduction of CO2 emissions (in gram/TEU-km) by 2030 from a 2018 baseline for Scope 1, and a long-term vision of a 50% reduction by 2050 from a 2018 baseline for Scope 1. These commitments highlight Ocean Network Express Pte. Ltd.'s dedication to decarbonisation in the global transportation sector.