COSCO SHIPPING Development Co Ltd
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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue | Copy/Paste is a PRO feature.  a, b | 2025 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Renminbi/Chinese Yuan (RMB) of Revenue | 0000000 | 2030 |
Verified Sources Behind COSCO SHIPPING Development’s Climate Targets Data
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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.ab
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.ab
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.ab
As of 2024, COSCO SHIPPING Development is ahead of schedule on its operational emissions reduction target, having achieved 99.41% of the planned reduction.ab