Swire Shipping Sustainability Profile
Swire Shipping, a prominent player in the maritime industry, is headquartered in Singapore (SG) and operates extensively across the Asia-Pacific region. Founded in 1870, the company has established itself as a leader in providing integrated shipping solutions, specialising in liner and bulk shipping services. With a diverse portfolio that includes container shipping, breakbulk, and project cargo, Swire Shipping is recognised for its commitment to reliability and customer service. The company’s unique approach combines modern fleet capabilities with a deep understanding of regional markets, ensuring efficient and tailored logistics solutions. Notable achievements include a strong market position bolstered by strategic partnerships and a focus on sustainability. Swire Shipping continues to innovate, adapting to the evolving needs of the shipping industry while maintaining its reputation for excellence.
DitchCarbon Score
How does Swire Shipping'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 Transport Equipment Manufacturing 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
Swire Shipping's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Swire Shipping's reported carbon emissions
In 2023, Swire Shipping reported total carbon emissions of approximately 878,882,000 kg CO2e for Scope 1, 384,000 kg CO2e for Scope 2, and 3,928,000 kg CO2e for Scope 3. This represents a significant increase in emissions compared to 2022, where Scope 1 emissions were about 733,881,000 kg CO2e, Scope 2 emissions were 345,000 kg CO2e, and Scope 3 emissions were 2,394,000 kg CO2e. Swire Shipping has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 and Scope 2 emissions by 2030, using 2020 as the baseline. Additionally, the company targets a 50% reduction in carbon intensity for both Scope 1 and Scope 2 emissions by 2030, based on a 2015 baseline. These commitments reflect Swire Shipping's dedication to improving its environmental performance and aligning with industry standards for sustainability. The emissions data is cascaded from Swire Shipping Pte. Ltd., indicating a structured approach to sustainability within the corporate family. The company continues to monitor and report its emissions, striving to meet its reduction targets while contributing to global climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 593,581,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Swire Shipping's Industry?
How Carbon Intensive is Swire Shipping's Location?
Swire Shipping'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.
Swire Shipping 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.
