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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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of China Merchants Energy Shipping were 6,060,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
In 2024, China Merchants Energy Shipping reported Scope 2 greenhouse gas (GHG) emissions of 2,100 tCOâ‚‚e without specifying the calculation method.a
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
In 2024, China Merchants Energy Shipping reported its Scope 2 emissions using an unspecified methodology.a
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
In 2024, China Merchants Energy Shipping reported total Scope 3 emissions of 5,600 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
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
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
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