COSCO Shipping Holdings Co Ltd

Common Name
COSCO Shipping Holdings
Country
China (Mainland)
Sector
Industrials
Industry
Marine Shipping
Employees
32,415
Ticker
601919
Exchange
SHANGHAI STOCK EXCHANGE
Description
Cosco Shipping Holdings Co., Ltd. is a major player in the maritime transportation industry, primarily focusing on the shipping and logistics sector. As a leading shipping company, Cosco facilitates i...

COSCO Shipping Holdings's GHG Emissions Data Preview

In 2023, COSCO Shipping Holdings 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 Holdings 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 Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of COSCO Shipping Holdings amounted to 20,069,930 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 Holdings decreased by 4.49%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

COSCO Shipping Holdings's Scope 1 Emissions Over Time

20212022202306 M12 M18 M24 MtCO2e-6%-5%
  • Total Scope 1
  • Year-over-Year Change

What are COSCO Shipping Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of COSCO Shipping Holdings were 19,906,698 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has COSCO Shipping Holdings reduced its Scope 1 emissions over time?

Since 2021, COSCO Shipping Holdings's Scope 1 emissions have decreased by 10.67%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), COSCO Shipping Holdings's Scope 1 emissions decreased by 4.52%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are COSCO Shipping Holdings's Scope 2 emissions?

In 2023, COSCO Shipping Holdings reported Scope 2 greenhouse gas (GHG) emissions of 163,232 tCOâ‚‚e without specifying the calculation method.

Has COSCO Shipping Holdings reduced its Scope 2 emissions over time?

Since 2021, COSCO Shipping Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 16.28%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), COSCO Shipping Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that COSCO Shipping Holdings 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does COSCO Shipping Holdings use for Scope 2 reporting?

In 2023, COSCO Shipping Holdings reported its Scope 2 emissions using an unspecified methodology.

COSCO Shipping Holdings's Scope 2 Emissions Over Time

202120222023045 k90 k135 k180 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into COSCO Shipping Holdings's Total Carbon Footprint

In 2023, COSCO Shipping Holdings reported a total carbon footprint of 20,069,930 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.49% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to COSCO Shipping Holdings's total carbon footprint was Scope 1 emissions, accounting for 99.19% of the company's total carbon footprint, followed by Scope 2 emissions at 0.81%.