COSCO SHIPPING Ports Ltd

Common Name
COSCO SHIPPING Ports
Country
Hong Kong
Sector
Industrials
Industry
Marine Shipping
Employees
N/A
Ticker
1199
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Cosco Shipping Ports Ltd. is a leading player in the global maritime and logistics industry, operating as a subsidiary of COSCO SHIPPING Holdings Co., Ltd. Its primary function is to invest in, develo...

COSCO SHIPPING Ports's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
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2035

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Insights into COSCO SHIPPING Ports's Greenhouse Gas Emissions Pathways

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.

Does COSCO SHIPPING Ports have a target to reduce the emissions from its operations?

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.

COSCO SHIPPING Ports's Operational (Scope 1+2) Emissions Pathway

20202024203500000BaselineCurrent (-35%)Target 2035 (-55%)
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