Pangaea Logistics Solutions
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 18 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pangaea Logistics Solutions's reported carbon emissions
In 2023, Pangaea Logistics Solutions reported carbon emissions of approximately 296,274,000 kg CO2e, all of which fall under Scope 1 emissions. This figure reflects a significant reduction from previous years, as emissions in 2022 were also around 359,109,000 kg CO2e, indicating a positive trend in their efforts to lower their carbon footprint. In 2021, the company recorded emissions of about 346,491,000 kg CO2e (Scope 1: 346,491,000 kg CO2e; Scope 2: 75,000 kg CO2e), while in 2020, emissions were approximately 359,109,000 kg CO2e (Scope 1: 359,109,000 kg CO2e; Scope 2: 55,000 kg CO2e). The data shows a consistent focus on managing and reducing emissions over the years. Despite these reductions, Pangaea has not publicly committed to specific reduction targets or initiatives, such as those outlined by the Science Based Targets initiative (SBTi). The absence of formal climate pledges suggests that while the company is actively reducing emissions, it may not yet have established comprehensive long-term climate commitments. Overall, Pangaea Logistics Solutions demonstrates a commitment to decreasing its carbon emissions, with a notable reduction in Scope 1 emissions in recent years, aligning with industry standards for climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 296,274,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 00,000 | 00,000 | 00,000 | - |
| Scope 3 | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Pangaea Logistics Solutions 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.
