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Tianjin Port Development Holdings Limited, commonly referred to as Tianjin Port Development, is a prominent player in the sea and coastal water transportation services industry. Headquartered in Hong Kong, the company primarily operates in the Tianjin region, leveraging its strategic location to enhance maritime logistics and port operations. Founded in 2005, Tianjin Port Development has achieved significant milestones, establishing itself as a key provider of port-related services.
The company offers a range of core services, including container handling, cargo storage, and logistics solutions, distinguished by its commitment to efficiency and innovation. With a strong market position, Tianjin Port Development has garnered recognition for its operational excellence and contribution to the growth of maritime trade in China. Its unique blend of local expertise and advanced technology sets it apart in the competitive landscape of port development and management.
0 vs industry average
Tianjin Port Development Holdings’s score of 8 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Maritime Transport is among the most carbon-intensive industries
The Maritime Transport industry has reduced its overall emissions by 28% since 2018
Scope 3 accounts for ••• of total emissions.
Tianjin Port Development Holdings, headquartered in HK and operating within the sea and coastal water transportation services industry, reported a total of approximately 200.9 million kg CO2e for its Scope 1 and Scope 2 emissions in 2023. This represents a significant reduction of 25% compared to 2022, when their combined Scope 1 and 2 emissions were approximately 267.6 million kg CO2e.
In 2022, the company's Scope 1 and 2 emissions totalled approximately 267.6 million kg CO2e. The prior year, 2021, saw combined Scope 1 and 2 emissions of approximately 417.5 million kg CO2e. For 2020, Scope 1 and 2 emissions were approximately 427.5 million kg CO2e. In 2019, total GHG emissions, covering Scope 1 and 2, were approximately 385.5 million kg CO2e. Emissions data for 2018 also show total GHG emissions of approximately 382.5 million kg CO2e.
Tianjin Port Development Holdings has made several climate commitments. The company has a near-term target to reduce its total GHG emissions. In 2023, the Group's total GHG emissions amounted to approximately 200,890 tonnes CO2e, representing a decrease of 25% compared to 2022. Furthermore, Tianjin Port Holdings Co., Ltd., a subsidiary, was the first in China’s port industry to obtain carbon management system certification and has a long-term net-zero target by 2050, encompassing Scope 1 emissions. Another subsidiary, Tianjin Port Pacific International Container Terminal Co., Ltd., has been recognised as a five-star "Green Port" as part of their net-zero commitment by 2050 for Scope 2 emissions. The company's emissions data is currently reported for Scope 1 and Scope 2, with Scope 3 data points such as purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution noted as missing.
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2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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No scope 3 category breakdown has been disclosed yet.
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