Pangaea Logistics Solutions, often referred to simply as Pangaea, is a leading provider of integrated logistics services headquartered in the United States. Founded in 2010, the company has established a strong presence in key operational regions, including North America, South America, and Europe. Specialising in maritime logistics, Pangaea offers a range of services such as shipping, freight forwarding, and supply chain management, distinguished by their commitment to sustainability and efficiency. With a focus on the transportation of bulk commodities, Pangaea has achieved notable milestones, including a robust fleet of vessels and strategic partnerships that enhance their market position. Their innovative approach to logistics not only streamlines operations but also prioritises environmental responsibility, making them a preferred choice in the logistics industry.
How does Pangaea Logistics Solutions'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 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.
Pangaea Logistics Solutions's score of 20 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 2024, Pangaea Logistics Solutions reported total carbon emissions of approximately 364,951,000 kg CO2e for Scope 1 and 37,000 kg CO2e for Scope 2. This represents a slight increase in Scope 1 emissions compared to 2023, where emissions were about 346,491,000 kg CO2e for Scope 1 and 75,000 kg CO2e for Scope 2. The company has consistently disclosed emissions data for Scope 1 and Scope 2 over the past few years, with 2022 figures showing 359,109,000 kg CO2e for Scope 1 and 55,000 kg CO2e for Scope 2. Pangaea has not set specific reduction targets or initiatives as part of its climate commitments, nor does it report any Scope 3 emissions. The absence of reduction targets indicates a potential area for improvement in their sustainability strategy. The company’s emissions data is sourced directly from Pangaea Logistics Solutions, Ltd., with no cascaded data from a parent or related organization. Overall, while Pangaea Logistics Solutions has made strides in transparency regarding its emissions, the lack of defined reduction targets suggests that further action may be necessary to align with industry standards for climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 346,491,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 75,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | - | - | - | - |
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.
Pangaea Logistics Solutions is not participating in any 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.