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 GHG Emissions Data Preview

In 2023, COSCO SHIPPING Development 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), and Scope 2 (indirect emissions from purchased energy).

However, COSCO SHIPPING Development has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

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 COSCO SHIPPING Development's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of COSCO SHIPPING Development amounted to 98,688 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 COSCO SHIPPING Development decreased by 36.71%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

COSCO SHIPPING Development's Scope 1 Emissions Over Time

202120222023015 k30 k45 k60 ktCO2e-31%-27%
  • Total Scope 1
  • Year-over-Year Change

What are COSCO SHIPPING Development's Scope 1 emissions?

In 2023, the total Scope 1 emissions of COSCO SHIPPING Development were 20,976 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has COSCO SHIPPING Development reduced its Scope 1 emissions over time?

Since 2021, COSCO SHIPPING Development's Scope 1 emissions have decreased by 50.08%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), COSCO SHIPPING Development's Scope 1 emissions decreased by 27.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are COSCO SHIPPING Development's Scope 2 emissions?

In 2023, COSCO SHIPPING Development reported Scope 2 greenhouse gas (GHG) emissions of 77,712 tCOâ‚‚e without specifying the calculation method.

Has COSCO SHIPPING Development reduced its Scope 2 emissions over time?

Since 2021, COSCO SHIPPING Development's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 64%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), COSCO SHIPPING Development's Scope 2 emissions (Unspecified Calculation Method) fell by 38.86% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does COSCO SHIPPING Development use for Scope 2 reporting?

In 2023, COSCO SHIPPING Development reported its Scope 2 emissions using an unspecified methodology.

COSCO SHIPPING Development's Scope 2 Emissions Over Time

202120222023055 k110 k165 k220 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into COSCO SHIPPING Development's Total Carbon Footprint

In 2023, COSCO SHIPPING Development reported a total carbon footprint of 98,688 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 36.71% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to COSCO SHIPPING Development's total carbon footprint was Scope 2 emissions, accounting for 78.75% of the company's total carbon footprint, followed by Scope 1 emissions at 21.25%.