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)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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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 tCOâ‚‚e without specifying the calculation method.

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.

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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:

  • Business Travel (Cat. 6): 57.19 tCOâ‚‚e (100%)

China Merchants Port Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

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 COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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