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China Merchants Energy Shipping Co Ltd

Common Name
China Merchants Energy Shipping
Country
China (Mainland)
Sector
Energy
Industry
Oil & Gas Midstream
Employees
5,279
Ticker
601872
Exchange
SHANGHAI STOCK EXCHANGE
Description
China Merchants Energy Group Co., Ltd. is a prominent player in the energy sector, focusing primarily on the transportation and logistics of crude oil and refined petroleum products. As a vital entity...

China Merchants Energy Shipping's GHG Emissions Data Preview

In 2024, China Merchants Energy Shipping completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, China Merchants Energy Shipping has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind China Merchants Energy Shipping’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore China Merchants Energy Shipping’s data sources below and access millions more through our Disclosure Search.

a. China Merchants Energy Shipping's ESG Report 2024
a. China Merchants Energy Shipping's ESG Report 2024

Insights into China Merchants Energy Shipping's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofChina Merchants Energy Shipping amounted to6,062,300metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of China Merchants Energy Shippingincreased by 2.13%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

China Merchants Energy Shipping's Scope 1 Emissions Over Time

20222023202402 M4 M6 M8 MtCO2e-1%+2%
  • Total Scope 1
  • Year-over-Year Change

What are China Merchants Energy Shipping's Scope 1 emissions?

In 2024, the total Scope 1 emissions of China Merchants Energy Shipping were 6,060,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has China Merchants Energy Shipping reduced its Scope 1 emissions over time?

Since 2022, China Merchants Energy Shipping's Scope 1 emissions have increased by 1.46%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), China Merchants Energy Shipping's Scope 1 emissions increased by 2.11%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are China Merchants Energy Shipping's Scope 2 emissions?

In 2024, China Merchants Energy Shipping reported Scope 2 greenhouse gas (GHG) emissions of 2,100 tCOâ‚‚e without specifying the calculation method.a

Has China Merchants Energy Shipping reduced its Scope 2 emissions over time?

Since 2022, China Merchants Energy Shipping's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have remained relatively stable, indicating that China Merchants Energy Shipping's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2023), China Merchants Energy Shipping's Scope 2 emissions(Unspecified Calculation Method) rose by 110% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does China Merchants Energy Shipping use for Scope 2 reporting?

In 2024, China Merchants Energy Shipping reported its Scope 2 emissions using an unspecified methodology.a

China Merchants Energy Shipping's Scope 2 Emissions Over Time

20222023202405501.1 k1.65 k2.2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into China Merchants Energy Shipping's Value Chain Emissions

In 2024, China Merchants Energy Shipping reported 5,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of China Merchants Energy Shipping includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

China Merchants Energy Shipping's Scope 3 Emissions Over Time

202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are China Merchants Energy Shipping's Scope 3 emissions?

In 2024, China Merchants Energy Shipping reported total Scope 3 emissions of 5,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Insights into China Merchants Energy Shipping’s GHG Emissions Intensity Compared to Industry Peers

In 2024, China Merchants Energy Shipping reported Scope 1 greenhouse gas (GHG) emissions of 6,060,200 tCOâ‚‚e and total revenues of USD 3,535 millions. This translates into an emissions intensity of 1,714.31 tCOâ‚‚e per millions USD.a

China Merchants Energy Shipping's Scope 1 Emissions Intensity Compared to Peers

2005,000200,0005,000,000100,000,000Scope 1 Emissions (tCO2e)202005,00050,000500,000Revenues (Millions of USD)SHGCAntero MidstreamYear: 2024Scope 1: 2,002,955 tCO2eRevenue: $M 1,177Scope 1 Intensity: 1,701.94 tCO2e/$MKoninklijke VopakYear: 2024Scope 1: 122,706 tCO2eRevenue: $M 1,369Scope 1 Intensity: 89.63 tCO2e/$MPrima MarineYear: 2024Scope 1: 7,874 tCO2eRevenue: $M 256Scope 1 Intensity: 30.75 tCO2e/$MSSSovkomflotYear: 2021Scope 1: 3,141,000 tCO2eRevenue: $M 123,701Scope 1 Intensity: 25.39 tCO2e/$MTC EnergyYear: 2024Scope 1: 22,351,000 tCO2eRevenue: $M 9,573Scope 1 Intensity: 2,334.75 tCO2e/$MCOSCO SHIPPING EnergyYear: 2024Scope 1: 3,914,610 tCO2eRevenue: $M 3,170Scope 1 Intensity: 1,234.97 tCO2e/$MONEOKYear: 2024Scope 1: 3,900,000 tCO2eRevenue: $M 21,698Scope 1 Intensity: 179.74 tCO2e/$MBeach EnergyYear: 2025Scope 1: 537,493 tCO2eRevenue: $M 1,386Scope 1 Intensity: 387.70 tCO2e/$MSinopec Kantons HoldingsYear: 2023Scope 1: 1,201 tCO2eRevenue: $M 78Scope 1 Intensity: 15.38 tCO2e/$MWilliams CompaniesYear: 2024Scope 1: 13,389,356 tCO2eRevenue: $M 10,503Scope 1 Intensity: 1,274.81 tCO2e/$MHHHess MidstreamYear: 2024Scope 1: 479,446 tCO2eRevenue: $M 1,492Scope 1 Intensity: 321.37 tCO2e/$MCheniere EnergyYear: 2024Scope 1: 11,142,029 tCO2eRevenue: $M 15,703Scope 1 Intensity: 709.55 tCO2e/$MEnterprise Products PartnersYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MWestern Midstream PartnersYear: 2024Scope 1: 9,140,000 tCO2eRevenue: $M 3,605Scope 1 Intensity: 2,535.21 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MGGGlobal PartnersYear: 2024Scope 1: 42,584 tCO2eRevenue: $M 17,163Scope 1 Intensity: 2.48 tCO2e/$MQatar Gas Transport Co Ltd (Nakilat) (QPSC)Year: 2024Scope 1: 5,211,345 tCO2eRevenue: $M 1,008Scope 1 Intensity: 5,169.59 tCO2e/$MTormYear: 2023Scope 1: 1,558,254 tCO2eRevenue: $M 10,501Scope 1 Intensity: 148.39 tCO2e/$MMPLXYear: 2024Scope 1: 6,300,000 tCO2eRevenue: $M 10,904Scope 1 Intensity: 577.77 tCO2e/$MGolar LNGYear: 2024Scope 1: 443,125 tCO2eRevenue: $M 260Scope 1 Intensity: 1,701.89 tCO2e/$MScorpio TankersYear: 2024Scope 1: 1,835,650 tCO2eRevenue: $M 1,244Scope 1 Intensity: 1,475.66 tCO2e/$MInternational SeawaysYear: 2023Scope 1: 1,906,017 tCO2eRevenue: $M 1,072Scope 1 Intensity: 1,778.37 tCO2e/$MFrontlineYear: 2024Scope 1: 3,095,498 tCO2eRevenue: $M 2,050Scope 1 Intensity: 1,509.72 tCO2e/$MCCChina Merchants Energy ShippingYear: 2024Scope 1: 6,060,200 tCO2eRevenue: $M 3,535Scope 1 Intensity: 1,714.31 tCO2e/$M

How does China Merchants Energy Shipping's GHG emissions intensity compare to its peers?

In 2024, China Merchants Energy Shipping reported a Scope 1 emissions intensity of 1,714.31 tCOâ‚‚e per millions USD. Compared to the peer group median of 709.55, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does China Merchants Energy Shipping rank on GHG emissions intensity within its industry?

In 2024, China Merchants Energy Shipping ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places China Merchants Energy Shipping among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into China Merchants Energy Shipping's Total Carbon Footprint

In 2024, China Merchants Energy Shipping reported a total carbon footprint of 6,067,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.22% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to China Merchants Energy Shipping's total carbon footprint was Scope 1 emissions, accounting for 99.87% of the company's total carbon footprint, followed by Scope 3 emissions at 0.09%.a

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