As of 2024, COSCO SHIPPING Ports has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, 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 Ports ’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 US Dollar (USD) of Revenue | Copy restricted. Please purchase to unlock this data. | 2035 |
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As of 2024, COSCO SHIPPING Ports 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.
As of 2024, COSCO SHIPPING Ports has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
COSCO SHIPPING Ports's most ambitious operational target is to reduce these emissions by 55% by 2035, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue in 2020.
As of 2024, COSCO SHIPPING Ports is ahead of schedule on its operational emissions reduction target, having achieved 64.07% of the planned reduction.