Pangaea Logistics Solutions Sustainability Profile
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Pangaea Logistics Solutions's score of 20 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pangaea Logistics Solutions's reported carbon emissions
In 2024, Pangaea Logistics Solutions reported total carbon emissions of approximately 364,951,000 kg CO2e for Scope 1 and about 37,000 kg CO2e for Scope 2. This marks a slight increase in Scope 1 emissions compared to 2023, where emissions were approximately 346,491,000 kg CO2e for Scope 1 and 75,000 kg CO2e for Scope 2. Over the past three years, the company has shown fluctuations in emissions, with 2022 figures at about 359,109,000 kg CO2e for Scope 1 and 55,000 kg CO2e for Scope 2. Pangaea has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, which may limit its ability to demonstrate a proactive approach to climate commitments. The emissions data is sourced directly from Pangaea Logistics Solutions, Ltd., with no cascaded data from a parent or related organization. The company continues to operate within the logistics sector, where carbon emissions are a critical concern, and its current reporting practices suggest a need for enhanced transparency and commitment to climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 296,274,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - | - | - |
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Pangaea Logistics Solutions's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pangaea Logistics Solutions has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
