China Merchants Port Group Co Ltd

Common Name
China Merchants Port Group
Country
China (Mainland)
Sector
Industrials
Industry
Marine Shipping
Employees
15,152
Ticker
001872
Exchange
SHENZHEN STOCK EXCHANGE
Description
China Merchants Port Group Co. Ltd. is a prominent entity in the logistics industry, primarily engaged in port operations and related services. Serving as a crucial gateway for maritime trade, this co...

China Merchants Port Group's GHG Emissions Data Preview

In 2023, China Merchants Port Group 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).

China Merchants Port Group has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 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 Port Group’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 Port Group’s data sources below and access millions more through our Disclosure Search.

a. China Merchants Port Group's Sustainability Report 2023
a. China Merchants Port Group's Sustainability Report 2023

Insights into China Merchants Port Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of China Merchants Port Group amounted to 453,522 metric 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 2022, the total operational greenhouse gas (GHG) emissions of China Merchants Port Group decreased by 6.79%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

China Merchants Port Group's Scope 1 Emissions Over Time

202120222023035 k70 k105 k140 ktCO2e-5%-10%
  • Total Scope 1
  • Year-over-Year Change

What are China Merchants Port Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of China Merchants Port Group were 103,361 metric tons of CO₂ equivalent (tCO₂e). a

Has China Merchants Port Group reduced its Scope 1 emissions over time?

Since 2021, China Merchants Port Group's Scope 1 emissions have decreased by 14.11%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), China Merchants Port Group's Scope 1 emissions decreased by 9.51%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are China Merchants Port Group's Scope 2 emissions?

In 2023, China Merchants Port Group reported Scope 2 greenhouse gas (GHG) emissions of 350,161 tCO₂e without specifying the calculation method. a

Has China Merchants Port Group reduced its Scope 2 emissions over time?

Since 2021, China Merchants Port Group's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that China Merchants Port Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), China Merchants Port Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that China Merchants Port Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does China Merchants Port Group use for Scope 2 reporting?

In 2023, China Merchants Port Group reported its Scope 2 emissions using an unspecified methodology. a

China Merchants Port Group's Scope 2 Emissions Over Time

202120222023095 k190 k285 k380 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into China Merchants Port Group's Value Chain Emissions

In 2023, China Merchants Port Group reported 57.19 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of China Merchants Port Group includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

China Merchants Port Group's Scope 3 Emissions Over Time

2023015304560tCO2e
  • Total Scope 3
  • Year-over-Year Change

What are China Merchants Port Group's Scope 3 emissions?

In 2023, China Merchants Port Group reported total Scope 3 emissions of 57.19 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does China Merchants Port Group disclose?

In 2023, China Merchants Port Group reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of China Merchants Port Group's Scope 3 emissions?

In 2023, the largest contributors to China Merchants Port Group's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 57.19 tCO₂e (100%)

China Merchants Port Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into China Merchants Port Group’s GHG Emissions Intensity Compared to Industry Peers

In 2023, China Merchants Port Group reported Scope 1 greenhouse gas (GHG) emissions of 103,361 tCO₂e and total revenues of USD 2,216 millions. This translates into an emissions intensity of 46.64 tCO₂e per millions USD. a

China Merchants Port Group's Scope 1 Emissions Intensity Compared to Peers

0.1205,000500,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)LCEBTBQSXSZCZCLLLiaoning PortYear: 2023Scope 1: 185,894 tCO2eRevenue: $M 1,719Scope 1 Intensity: 108.12 tCO2e/$MGRG Banking EquipmentYear: 2023Scope 1: 176 tCO2eRevenue: $M 1,273Scope 1 Intensity: 0.14 tCO2e/$MSanxing MedicalYear: 2023Scope 1: 1,216 tCO2eRevenue: $M 1,613Scope 1 Intensity: 0.75 tCO2e/$MEaspringYear: 2023Scope 1: 7,855 tCO2eRevenue: $M 2,128Scope 1 Intensity: 3.69 tCO2e/$MWolong Electric GroupYear: 2023Scope 1: 4,328 tCO2eRevenue: $M 2,190Scope 1 Intensity: 1.98 tCO2e/$MCCCanmax TechnologiesYear: 2023Scope 1: 83,052 tCO2eRevenue: $M 1,473Scope 1 Intensity: 56.39 tCO2e/$MChina Conch Venture HoldingsYear: 2023Scope 1: 49,305 tCO2eRevenue: $M 1,233Scope 1 Intensity: 39.97 tCO2e/$MAnhui ExpresswayYear: 2023Scope 1: 60,059 tCO2eRevenue: $M 933Scope 1 Intensity: 64.37 tCO2e/$MEEEastern Air LogisticsYear: 2023Scope 1: 1,581,794 tCO2eRevenue: $M 2,902Scope 1 Intensity: 545.16 tCO2e/$MBBBNBMYear: 2023Scope 1: 3,371,400 tCO2eRevenue: $M 3,155Scope 1 Intensity: 1,068.43 tCO2e/$MCALB GroupYear: 2023Scope 1: 307,489 tCO2eRevenue: $M 4,139Scope 1 Intensity: 74.29 tCO2e/$MTTTangshan Port GroupYear: 2023Scope 1: 72,397 tCO2eRevenue: $M 822Scope 1 Intensity: 88.04 tCO2e/$MZhejiang ExpresswayYear: 2024Scope 1: 11,471 tCO2eRevenue: $M 2,688Scope 1 Intensity: 4.27 tCO2e/$MZPMCYear: 2023Scope 1: 153,205 tCO2eRevenue: $M 4,634Scope 1 Intensity: 33.06 tCO2e/$MBBBeijing Capital Eco-Environment Protection GroupYear: 2023Scope 1: 1,918,200 tCO2eRevenue: $M 3,000Scope 1 Intensity: 639.47 tCO2e/$MQQQingdao Port InternationalYear: 2024Scope 1: 134,823 tCO2eRevenue: $M 2,595Scope 1 Intensity: 51.95 tCO2e/$MYangzijiang Shipbuilding (Holdings)Year: 2024Scope 1: 76,235 tCO2eRevenue: $M 648Scope 1 Intensity: 117.57 tCO2e/$MZoomlionYear: 2024Scope 1: 50,921 tCO2eRevenue: $M 6,232Scope 1 Intensity: 8.17 tCO2e/$MSSShandong Hi-speedYear: 2023Scope 1: 367,058 tCO2eRevenue: $M 3,735Scope 1 Intensity: 98.27 tCO2e/$MXXXj ElectricYear: 2023Scope 1: 0 tCO2eRevenue: $M 3,000Scope 1 Intensity: 0.00 tCO2e/$MSSShanghai M&G StationeryYear: 2024Scope 1: 2,393 tCO2eRevenue: $M 3,320Scope 1 Intensity: 0.72 tCO2e/$MZZZTO Express (Cayman)Year: 2024Scope 1: 1,497,388 tCO2eRevenue: $M 6,605Scope 1 Intensity: 226.71 tCO2e/$MCOSCO Shipping HoldingsYear: 2024Scope 1: 21,964,626 tCO2eRevenue: $M 32,044Scope 1 Intensity: 685.46 tCO2e/$MCCCRSCYear: 2024Scope 1: 16,212 tCO2eRevenue: $M 4,450Scope 1 Intensity: 3.64 tCO2e/$MZZZhejiang Dahua TechnologyYear: 2024Scope 1: 6,477 tCO2eRevenue: $M 4,409Scope 1 Intensity: 1.47 tCO2e/$MCCChina Merchants Port GroupYear: 2023Scope 1: 103,361 tCO2eRevenue: $M 2,216Scope 1 Intensity: 46.64 tCO2e/$M

How does China Merchants Port Group's GHG emissions intensity compare to its peers?

In 2023, China Merchants Port Group reported a Scope 1 emissions intensity of 46.64 tCO₂e per millions USD. Compared to the peer group median of 51.95 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does China Merchants Port Group rank on GHG emissions intensity within its industry?

In 2023, China Merchants Port Group ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

China Merchants Port Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into China Merchants Port Group's Total Carbon Footprint

In 2023, China Merchants Port Group reported a total carbon footprint of 453,579.19 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.78% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to China Merchants Port Group's total carbon footprint was Scope 2 emissions, accounting for 77.2% of the company's total carbon footprint, followed by Scope 1 emissions at 22.79%. a

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