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In 2024, COSCO SHIPPING Ports 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
COSCO SHIPPING Ports has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 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 2 | ||||
Unspecified Calculation Method | 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 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofCOSCO SHIPPING Ports amounted to203,945metric 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 Portsdecreased by 10.15%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of COSCO SHIPPING Ports were 76,919 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2020, COSCO SHIPPING Ports's Scope 1 emissions have decreased by 65.03%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), COSCO SHIPPING Ports's Scope 1 emissions decreased by 2.01%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, COSCO SHIPPING Ports reported Scope 2 greenhouse gas (GHG) emissions of 127,026 tCOâ‚‚e without specifying the calculation method.a
Since 2020, COSCO SHIPPING Ports's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 68.14%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year(2023), COSCO SHIPPING Ports's Scope 2 emissions(Unspecified Calculation Method) fell by 14.46% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, COSCO SHIPPING Ports reported its Scope 2 emissions using an unspecified methodology.a
In 2024, COSCO SHIPPING Ports reported 627,340 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of COSCO SHIPPING Ports includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, COSCO SHIPPING Ports reported total Scope 3 emissions of 627,340 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 87.66%of these emissions originated from upstream activities such as purchased goods and capital goods, while 12.34%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), COSCO SHIPPING Ports's Scope 3 emissions increased by 12.9%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, COSCO SHIPPING Ports reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to COSCO SHIPPING Ports's Scope 3 emissions were:a
In 2024, COSCO SHIPPING Ports reported Scope 1 greenhouse gas (GHG) emissions of 76,919 tCOâ‚‚e and total revenues of USD 1,503 millions. This translates into an emissions intensity of 51.18 tCOâ‚‚e per millions USD.a
In 2024, COSCO SHIPPING Ports reported a Scope 1 emissions intensity of 51.18 tCOâ‚‚e per millions USD. Compared to the peer group median of 685.46, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, COSCO SHIPPING Ports ranked 4 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places COSCO SHIPPING Ports among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, COSCO SHIPPING Ports reported a total carbon footprint of 831,285 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.22% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to COSCO SHIPPING Ports's total carbon footprint was Scope 3 emissions, accounting for 75.47% of the company's total carbon footprint, followed by Scope 2 emissions at 15.28%.a