Polaris Shipping Co., Ltd. Sustainability Profile
Polaris Shipping Co., Ltd., a prominent player in the maritime industry, is headquartered in South Korea (KR) and operates extensively across Asia and beyond. Founded in 2001, the company has established itself as a leader in shipping and logistics, specialising in the transportation of bulk cargo, including coal, iron ore, and grains. With a commitment to safety and efficiency, Polaris Shipping offers a fleet of modern vessels equipped with advanced technology, ensuring reliable service and environmental compliance. The company has achieved significant milestones, including expanding its fleet and enhancing operational capabilities, which solidifies its market position. Recognised for its dedication to quality and customer satisfaction, Polaris Shipping continues to set benchmarks in the shipping sector, making it a trusted partner for global trade.
DitchCarbon Score
How does Polaris Shipping Co., Ltd.'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 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.
Industry Benchmark
Polaris Shipping Co., Ltd.'s score of 7 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Polaris Shipping Co., Ltd.'s reported carbon emissions
Polaris Shipping Co., Ltd., headquartered in South Korea (KR), currently does not report any specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3. Additionally, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments towards reducing carbon emissions or addressing climate change. As of now, Polaris Shipping Co., Ltd. does not inherit emissions data from any parent or related organizations, indicating that their climate strategy is independent and not influenced by external corporate family relationships. In the context of the shipping industry, it is essential for companies to develop and implement robust climate commitments to align with global sustainability goals. However, without specific data or initiatives, Polaris Shipping's current stance on carbon emissions remains unclear.
How Carbon Intensive is Polaris Shipping Co., Ltd.'s Industry?
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Polaris Shipping Co., Ltd.'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.
Polaris Shipping Co., Ltd. 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.
