Swire Shipping

Swire Shipping's reported carbon emissions

Swire Shipping, headquartered in Singapore, is a significant player in the "Other transport equipment (35)" industry. The company has demonstrated a commitment to reducing its environmental impact, with comprehensive reporting across Scope 1, 2, and 3 emissions. For the year 2025, Swire Shipping reported total emissions of approximately 1.817 million kg CO2e. This breakdown includes Scope 1 emissions of about 347,000 kg CO2e (from mobile combustion), Scope 2 emissions of approximately 852,000 kg CO2e (primarily purchased electricity), and Scope 3 emissions of around 616,000 kg CO2e, with business travel being a reported category. In 2024, total emissions were approximately 1.924 million kg CO2e. This comprised Scope 1 emissions of roughly 334,000 kg CO2e, Scope 2 emissions of about 849,000 kg CO2e, and Scope 3 emissions of approximately 741,000 kg CO2e, with business travel again being a reported category. Looking at earlier years, in 2023, total emissions amounted to approximately 1.208 million kg CO2e. Scope 1 emissions were around 233,000 kg CO2e, Scope 2 emissions were about 835,000 kg CO2e, and Scope 3 emissions stood at approximately 175,000 kg CO2e. For 2022, Swire Shipping reported significantly higher total emissions of approximately 755.4 million kg CO2e, with Scope 1 emissions at about 752.1 million kg CO2e, Scope 2 at around 339,000 kg CO2e, and Scope 3 at approximately 2.4 million kg CO2e. In 2021, total emissions were around 521.7 million kg CO2e, with Scope 1 being approximately 520.4 million kg CO2e, Scope 2 at about 339,000 kg CO2e, and Scope 3 at approximately 1.1 million kg CO2e. Swire Shipping has established clear climate targets. The company has a non-negotiable commitment to reduce its Scope 1 and Scope 2 emissions by 30% by 2030, using a 2020 baseline. Furthermore, it aims for a 50% reduction in carbon intensity by 2030, from a 2015 baseline. It is important to note that Swire Shipping's emissions data is cascaded from Swire Shipping Pte. Ltd. as it is a current subsidiary (cascade level 2). While some data points for Scope 3, such as "purchased goods and services," were noted as missing, the company actively discloses its Scope 1, 2, and 3 emissions and has set ambitious reduction targets aligned with industry best practices.