Psa

PSA, a company providing sea and coastal water transportation services headquartered in Singapore, has established robust climate commitments. For the reporting year 2025, PSA reported a total of approximately 3.16 billion kg CO2e emissions. This figure encompasses Scope 1 emissions totalling around 524 million kg CO2e, Scope 2 emissions (market-based) at approximately 256 million kg CO2e, and Scope 3 emissions amounting to about 2.38 billion kg CO2e.

In 2024, PSA's total emissions were approximately 3.11 billion kg CO2e, comprising Scope 1 at about 527 million kg CO2e, Scope 2 (market-based) at approximately 239 million kg CO2e, and Scope 3 at around 2.35 billion kg CO2e. The preceding year, 2023, saw total emissions of approximately 2.26 billion kg CO2e, with Scope 1 at about 473 million kg CO2e, Scope 2 (market-based) at approximately 229 million kg CO2e, and Scope 3 at about 1.55 billion kg CO2e.

PSA has set ambitious targets to address its climate impact. The company is committed to achieving net zero emissions by 2050, aligning with the Paris Agreement's goal of limiting global warming to 1.5 degrees Celsius. To support this long-term objective, PSA has established interim targets to reduce its absolute Scope 1 and 2 carbon emissions. These include a 50% reduction by 2030 and a 75% reduction by 2040, both against a 2019 baseline year. The company has indicated progress in some areas, with a status of "on track" for near-term Scope 2 reductions and for some long-term net zero commitments.

PSA's reporting for 2021 and 2022 focused on Scope 1 and Scope 2 emissions. In 2021, Scope 1 emissions were approximately 497 million kg CO2e, and Scope 2 (market-based) emissions were around 285 million kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 782 million kg CO2e. For 2020, Scope 1 emissions were about 452 million kg CO2e and Scope 2 emissions were approximately 267 million kg CO2e, with a combined Scope 1 and 2 total of about 719 million kg CO2e. Prior to 2021, Scope 3 emissions data was not disclosed. PSA's emissions data is not cascaded from a parent organization.