Tianjin Port Development Holdings

Tianjin Port Development Holdings's reported carbon emissions

Tianjin Port Development Holdings, headquartered in Hong Kong and operating in the sea and coastal water transportation services industry, reported significant progress in reducing its greenhouse gas (GHG) emissions. In 2023, the company's total GHG emissions amounted to approximately 200,890 tonnes CO2e, marking a substantial reduction of 25% compared to 2022 levels. This achievement primarily reflects decreases in Scope 1 and Scope 2 emissions. Scope 1 emissions for 2023 were approximately 83,989,000 kg CO2e, and Scope 2 emissions were approximately 116,901,000 kg CO2e. For the preceding year, 2022, Scope 1 emissions stood at approximately 85,861,000 kg CO2e, and Scope 2 emissions were approximately 181,781,000 kg CO2e. In 2021, the company reported Scope 1 emissions of approximately 108,489,000 kg CO2e and Scope 2 emissions of approximately 308,995,000 kg CO2e. Prior to that, in 2020, Scope 1 emissions were approximately 117,454,000 kg CO2e, and Scope 2 emissions were approximately 310,058,000 kg CO2e. In 2019, total GHG emissions were approximately 385,471,000 kg CO2e, with Scope 1 emissions at approximately 116,588,000 kg CO2e and Scope 2 at approximately 268,883,000 kg CO2e. Total emissions for 2018 were approximately 382,529,000 kg CO2e, comprising Scope 1 emissions of approximately 117,263,000 kg CO2e and Scope 2 emissions of approximately 265,266,000 kg CO2e. Tianjin Port Development Holdings is committed to a long-term net-zero target by 2050, as evidenced by its subsidiary, Tianjin Port Holdings Co., Ltd., being the first in China’s port industry to obtain carbon management system certification. Furthermore, Tianjin Port Pacific International Container Terminal Co., Ltd. has been recognised as a five-star “Green Port”. The company currently does not disclose Scope 3 emissions data, with missing data points including purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution.