COSCO Shipping Energy Transportation Co Ltd

Common Name
COSCO SHIPPING Energy
Country
China (Mainland)
Sector
Energy
Industry
Oil & Gas Midstream
Employees
7,854
Ticker
600026
Exchange
SHANGHAI STOCK EXCHANGE
Description
Cosco Shipping Energy Transportation Co., Ltd. is a prominent entity within the global logistics and transportation industry, specializing in the maritime transportation of crude oil, refined petroleu...

COSCO SHIPPING Energy Waste Data Preview

In 2023, COSCO SHIPPING Energy conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
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0000000
Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind COSCO SHIPPING Energy’s Waste Management Data

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a. COSCO SHIPPING Energy's Sustainability Report 2023
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Insights into COSCO SHIPPING Energy's Waste Treatment Practices

In 2023, COSCO SHIPPING Energy generated a total of 12,181 metric tonnes of waste. a

Of this amount, 0.84% of COSCO SHIPPING Energy's total waste generated was recovered through methods such as recycling, reuse, or composting, while 44.36% was disposed of through landfilling, incineration, or combustion. The remaining 54.81% was either treated using unspecified methods or not clearly categorized. a

COSCO SHIPPING Energy's Waste Recovery Rate

1%

How much of COSCO SHIPPING Energy's waste is recycled or recovered?

In 2023, COSCO SHIPPING Energy reported a total waste generation of 12,181 metric tonnes, of which 0.84% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that COSCO SHIPPING Energy may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives. a

Has COSCO SHIPPING Energy reduced its environmental waste footprint over time?

Since 2021, COSCO SHIPPING Energy's total waste generation increased by 11.78%, including a 9.5% increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices. a

Over the same period, COSCO SHIPPING Energy's waste recovery rate decreased by 38.12%. a

COSCO SHIPPING Energy’s Waste Recovery vs. Disposal Over Time

2022202301.5 k3 k4.5 k6 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into COSCO SHIPPING Energy’s Generation of Hazardous and Non-Hazardous Waste

In 2023, COSCO SHIPPING Energy generated a total of 12,181 metric tonnes of waste. a

Of this amount, 94.7% of COSCO SHIPPING Energy's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 5.3% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

COSCO SHIPPING Energy’s Hazardous vs Non-Hazardous Waste Over Time

20212022202303.5 k7 k10.5 k14 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How COSCO SHIPPING Energy reduced the environmental impact of its waste?

Since 2021, COSCO SHIPPING Energy's total waste generation increased by 11.78%, including a 9.5% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems. a

Over the same period, the share of hazardous waste remained relatively flat but increased by 3.31% in 2023, which may indicate a recent uptick in high-risk waste production, potentially linked to material sourcing or product mix. a

Overall, COSCO SHIPPING Energy's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy. a

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