COSCO SHIPPING Development Co Ltd

Common Name
COSCO SHIPPING Development
Country
China (Mainland)
Sector
Industrials
Industry
Aerospace & Defense
Employees
15,669
Ticker
601866
Exchange
SHANGHAI STOCK EXCHANGE
Description
Cosco Shipping Development Co., Ltd. is a comprehensive shipping and logistics company that plays a significant role in the global transportation industry. As a subsidiary of the China COSCO Shipping ...

COSCO SHIPPING Development's Climate Target Data Preview

As of 2024, COSCO SHIPPING Development has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into COSCO SHIPPING Development ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue
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2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue
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2030

This table provides a simplified preview of selected climate targets 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 COSCO SHIPPING Development's Greenhouse Gas Emissions Pathways

As of 2024, COSCO SHIPPING Development has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does COSCO SHIPPING Development have a target to reduce the emissions from its operations?

As of 2024, COSCO SHIPPING Development has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

COSCO SHIPPING Development's most ambitious operational target is to reduce these emissions by 34% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue in 2019.

As of 2024, COSCO SHIPPING Development is ahead of schedule on its operational emissions reduction target, having achieved 99.41% of the planned reduction.

COSCO SHIPPING Development's Operational (Scope 1+2) Emissions Pathway

201920242025203000000BaselineCurrent (-34%)Target 2025 (-19%)
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