Tianjin Port Development Holdings Sustainability Profile
Tianjin Port Development Holdings Limited, commonly referred to as Tianjin Port Development, is a prominent player in the port and logistics industry, headquartered in Hong Kong. Established in 2005, the company has rapidly expanded its operations across major regions, particularly in Tianjin, China, where it plays a crucial role in facilitating international trade. Specialising in port operations, logistics services, and infrastructure development, Tianjin Port Development distinguishes itself through its strategic location and advanced facilities. The company has achieved significant milestones, including the development of state-of-the-art container terminals that enhance operational efficiency. With a strong market position, it continues to contribute to the growth of the maritime sector, making it a key player in the region's economic landscape.
DitchCarbon Score
How does Tianjin Port Development Holdings'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 Maritime 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
Tianjin Port Development Holdings's score of 21 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tianjin Port Development Holdings's reported carbon emissions
In 2023, Tianjin Port Development Holdings, headquartered in Hong Kong, reported total greenhouse gas (GHG) emissions of approximately 200,890,000 kg CO2e. This figure includes about 83,989,000 kg CO2e from Scope 1 emissions and about 116,901,000 kg CO2e from Scope 2 emissions. Notably, this represents a significant reduction of 25% compared to 2022, when total emissions were approximately 267,642,000 kg CO2e. The company has set ambitious climate commitments, including achieving net-zero emissions by 2050. In 2023, Tianjin Port Holdings Co., Ltd., a subsidiary of the group, became the first in China's port industry to obtain carbon management system certification, highlighting its leadership in sustainability. Additionally, Tianjin Port Pacific International Container Terminal Co., Ltd. received a five-star rating as a "Green Port," further demonstrating the company's commitment to environmental stewardship. Tianjin Port Development Holdings' emissions data is cascaded from its parent company, Tianjin Port Development Holdings Limited, ensuring alignment with broader corporate sustainability initiatives. The company continues to focus on reducing its carbon footprint while enhancing operational efficiency in line with industry standards.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 117,454,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 310,058,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Tianjin Port Development Holdings's Industry?
How Carbon Intensive is Tianjin Port Development Holdings's Location?
Tianjin Port Development Holdings'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.
Tianjin Port Development Holdings 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.
