Raffles Shipping Corporation Pte Ltd. Sustainability Profile
Raffles Shipping Corporation Pte Ltd, commonly referred to as Raffles Shipping, is a prominent player in the maritime logistics industry, headquartered in Singapore (SG). Established in 1995, the company has steadily expanded its operations across key regions in Southeast Asia, providing comprehensive shipping and logistics solutions. Specialising in freight forwarding, vessel chartering, and supply chain management, Raffles Shipping distinguishes itself through its commitment to efficiency and customer-centric services. The company has achieved significant milestones, including strategic partnerships that enhance its market position and operational capabilities. With a reputation for reliability and innovation, Raffles Shipping has garnered recognition within the industry, positioning itself as a trusted partner for businesses seeking seamless maritime transport solutions. Its dedication to excellence continues to drive its growth and success in the competitive shipping landscape.
DitchCarbon Score
How does Raffles Shipping Corporation Pte 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 Inland Water 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
Raffles Shipping Corporation Pte Ltd.'s score of 64 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Raffles Shipping Corporation Pte Ltd., headquartered in Singapore (SG), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Wilmar International Limited, from which it inherits emissions data and climate commitments. As part of its climate strategy, Raffles Shipping Corporation aligns with the initiatives set forth by Wilmar International Limited, which includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements have not been disclosed for Raffles Shipping Corporation itself. The absence of direct emissions data indicates that Raffles Shipping Corporation is still in the process of establishing its own climate commitments, potentially following the broader sustainability framework set by its parent company. This includes a focus on reducing carbon emissions across its operations, although specific metrics and targets have not been articulated at this level. In summary, while Raffles Shipping Corporation Pte Ltd. does not currently report its own emissions data or specific reduction targets, it is positioned within a corporate family that is actively engaged in climate initiatives through Wilmar International Limited.
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| 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 558,277,350 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 188,399,530 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000,000 | - | - |
How Carbon Intensive is Raffles Shipping Corporation Pte Ltd.'s Industry?
How Carbon Intensive is Raffles Shipping Corporation Pte Ltd.'s Location?
Raffles Shipping Corporation Pte Ltd.'s Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 89% of Scope 3 emissions.
Top Scope 3 Categories
Raffles Shipping Corporation Pte 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.
Raffles Shipping Corporation Pte Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
