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COSCO SHIPPING Development Co Ltd
COSCO SHIPPING Development's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Verified Sources Behind COSCO SHIPPING Development’s Greenhouse Gas (GHG) Emissions Data
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Insights into COSCO SHIPPING Development's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCOSCO SHIPPING Development amounted to236,099.97metric 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 2023, the total operational greenhouse gas (GHG) emissions of COSCO SHIPPING Developmentincreased by 139.24%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
COSCO SHIPPING Development's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are COSCO SHIPPING Development's Scope 1 emissions?
In 2024, the total Scope 1 emissions of COSCO SHIPPING Development were 46,329.58 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has COSCO SHIPPING Development reduced its Scope 1 emissions over time?
Since 2021, COSCO SHIPPING Development's Scope 1 emissions have increased by 10.26%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), COSCO SHIPPING Development's Scope 1 emissions increased by 120.87%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are COSCO SHIPPING Development's Scope 2 emissions?
In 2024, COSCO SHIPPING Development reported Scope 2 greenhouse gas (GHG) emissions of 189,770.39 tCOâ‚‚e without specifying the calculation method.a
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 12.08%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), COSCO SHIPPING Development's Scope 2 emissions(Unspecified Calculation Method) rose by 144.2% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does COSCO SHIPPING Development use for Scope 2 reporting?
In 2024, COSCO SHIPPING Development reported its Scope 2 emissions using an unspecified methodology.a
COSCO SHIPPING Development's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into COSCO SHIPPING Development’s GHG Emissions Intensity Compared to Industry Peers
In 2024, COSCO SHIPPING Development reported Scope 1 greenhouse gas (GHG) emissions of 46,329.58 tCOâ‚‚e and total revenues of USD 3,786 millions. This translates into an emissions intensity of 12.24 tCOâ‚‚e per millions USD.a
COSCO SHIPPING Development's Scope 1 Emissions Intensity Compared to Peers
How does COSCO SHIPPING Development's GHG emissions intensity compare to its peers?
In 2024, COSCO SHIPPING Development reported a Scope 1 emissions intensity of 12.24 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.9, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does COSCO SHIPPING Development rank on GHG emissions intensity within its industry?
In 2024, COSCO SHIPPING Development ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
COSCO SHIPPING Development is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a