Pan Ocean Co., Ltd., commonly referred to as Pan Ocean, is a prominent player in the maritime and logistics industry, headquartered in South Korea (KR). Established in 1976, the company has evolved into a leading provider of shipping and logistics services, with a strong operational presence across Asia, Europe, and the Americas. Specialising in bulk shipping, container transportation, and logistics solutions, Pan Ocean distinguishes itself through its commitment to safety, efficiency, and sustainability. The company has achieved significant milestones, including expanding its fleet and enhancing its service offerings to meet the dynamic needs of global trade. With a robust market position, Pan Ocean is recognised for its innovative approach and dedication to customer satisfaction, making it a trusted partner in the shipping industry.
How does Pan Ocean'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.
Pan Ocean's score of 19 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Pan Ocean reported total carbon emissions of approximately 4,518,000 kg CO2e, comprising 2,678,713 kg CO2e from Scope 1, 580,000 kg CO2e from Scope 2, and 4,511,253 kg CO2e from Scope 3 emissions. This reflects a significant increase in emissions compared to previous years, with total emissions in 2022 being about 2,669,563 kg CO2e. In 2022, the breakdown of emissions was approximately 2,669,563 kg CO2e, with Scope 1 emissions at 2,669,080 kg CO2e, Scope 2 at 483,000 kg CO2e, and Scope 3 at 3,738,975 kg CO2e. The trend shows a rising trajectory in emissions, particularly in Scope 3, which includes indirect emissions from the supply chain and other activities. Pan Ocean has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company operates within a global context where increasing transparency and accountability in carbon emissions is becoming essential for industry players.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 2,172,997,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 641,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 1,241,500,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Pan Ocean is not committed to any reduction initiatives 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.