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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 GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind COSCO SHIPPING Ports’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore COSCO SHIPPING Ports’s data sources below and access millions more through our Disclosure Search.

a. COSCO SHIPPING Ports's Sustainability Report 2024
a. COSCO SHIPPING Ports's Sustainability Report 2024
b. COSCO SHIPPING Ports's Sustainability Report 2023
b. COSCO SHIPPING Ports's Sustainability Report 2023
c. COSCO SHIPPING Ports's Sustainability Report 2022
c. COSCO SHIPPING Ports's Sustainability Report 2022

Insights into COSCO SHIPPING Ports's Operational Emissions

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

COSCO SHIPPING Ports's Scope 1 Emissions Over Time

20202021202220232024055 k110 k165 k220 ktCO2e-61%-1%-8%-2%
  • Total Scope 1
  • Year-over-Year Change

What are COSCO SHIPPING Ports's Scope 1 emissions?

In 2024, the total Scope 1 emissions of COSCO SHIPPING Ports were 76,919 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has COSCO SHIPPING Ports reduced its Scope 1 emissions over time?

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

What are COSCO SHIPPING Ports's Scope 2 emissions?

In 2024, COSCO SHIPPING Ports reported Scope 2 greenhouse gas (GHG) emissions of 127,026 tCOâ‚‚e without specifying the calculation method.a

Has COSCO SHIPPING Ports reduced its Scope 2 emissions over time?

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

What methodology does COSCO SHIPPING Ports use for Scope 2 reporting?

In 2024, COSCO SHIPPING Ports reported its Scope 2 emissions using an unspecified methodology.a

COSCO SHIPPING Ports's Scope 2 Emissions Over Time

202020212022202320240100 k200 k300 k400 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into COSCO SHIPPING Ports's Value Chain Emissions

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

COSCO SHIPPING Ports's Scope 3 Emissions Over Time

20212022202320240200 k400 k600 k800 ktCO2e-9%+55%+13%
  • Total Scope 3
  • Year-over-Year Change

What are COSCO SHIPPING Ports's Scope 3 emissions?

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

What categories of Scope 3 emissions does COSCO SHIPPING Ports disclose?

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.

What are the main sources of COSCO SHIPPING Ports's Scope 3 emissions?

In 2024, the largest contributors to COSCO SHIPPING Ports's Scope 3 emissions were:a

  • Downstream Transportation and Distribution (Cat. 9): 406,807 tCOâ‚‚e(64.85%)
  • Investments (Cat. 15): 72,767 tCOâ‚‚e(11.6%)
  • Purchased Goods and Services (Cat. 1): 61,010 tCOâ‚‚e(9.73%)

COSCO SHIPPING Ports's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(9.7%)Investments(Cat. 15)(11.6%)DownstreamTransportation andDistribution(Cat. 9)(64.8%)

Insights into COSCO SHIPPING Ports’s GHG Emissions Intensity Compared to Industry Peers

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

COSCO SHIPPING Ports's Scope 1 Emissions Intensity Compared to Peers

2005,000200,0005,000,000100,000,000Scope 1 Emissions (tCO2e)101002,00020,000200,000Revenues (Millions of USD)GSHQCYSSantos Brasil ParticipacoesYear: 2024Scope 1: 31,681 tCO2eRevenue: $M 470Scope 1 Intensity: 67.42 tCO2e/$MClarksonYear: 2023Scope 1: 1,014 tCO2eRevenue: $M 814Scope 1 Intensity: 1.25 tCO2e/$MHoegh AutolinersYear: 2024Scope 1: 1,114,732 tCO2eRevenue: $M 14,036Scope 1 Intensity: 79.42 tCO2e/$MOrient Overseas (International)Year: 2024Scope 1: 6,922,800 tCO2eRevenue: $M 83,663Scope 1 Intensity: 82.75 tCO2e/$MU-Ming Marine TransportYear: 2023Scope 1: 490,629 tCO2eRevenue: $M 469Scope 1 Intensity: 1,046.99 tCO2e/$MStar Bulk CarriersYear: 2023Scope 1: 2,635,195 tCO2eRevenue: $M 949Scope 1 Intensity: 2,776.03 tCO2e/$MGGGreat Eastern ShippingYear: 2025Scope 1: 857,135 tCO2eRevenue: $M 619Scope 1 Intensity: 1,385.44 tCO2e/$MHafniaYear: 2024Scope 1: 2,200,393 tCO2eRevenue: $M 29,201Scope 1 Intensity: 75.35 tCO2e/$MSSShanghai International Port GroupYear: 2024Scope 1: 858,825 tCO2eRevenue: $M 5,223Scope 1 Intensity: 164.44 tCO2e/$MBahriYear: 2024Scope 1: 2,676,520 tCO2eRevenue: $M 2,525Scope 1 Intensity: 1,060.15 tCO2e/$MHHHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$MDanaosYear: 2023Scope 1: 3,119,979 tCO2eRevenue: $M 974Scope 1 Intensity: 3,204.64 tCO2e/$MQQQingdao Port InternationalYear: 2024Scope 1: 134,823 tCO2eRevenue: $M 2,595Scope 1 Intensity: 51.95 tCO2e/$MIrish Continental GroupYear: 2024Scope 1: 551,016 tCO2eRevenue: $M 628Scope 1 Intensity: 876.96 tCO2e/$MCCChina Merchants Port HoldingsYear: 2024Scope 1: 63,676 tCO2eRevenue: $M 1,525Scope 1 Intensity: 41.76 tCO2e/$MHavila ShippingYear: 2024Scope 1: 55,690 tCO2eRevenue: $M 49Scope 1 Intensity: 1,145.00 tCO2e/$MYYYang Ming Marine TransportYear: 2024Scope 1: 4,356,301 tCO2eRevenue: $M 6,798Scope 1 Intensity: 640.81 tCO2e/$MHapag-LloydYear: 2024Scope 1: 15,300,306 tCO2eRevenue: $M 19,888Scope 1 Intensity: 769.32 tCO2e/$MSolstad OffshoreYear: 2024Scope 1: 159,103 tCO2eRevenue: $M 19Scope 1 Intensity: 8,246.93 tCO2e/$MMatsonYear: 2024Scope 1: 1,040,900 tCO2eRevenue: $M 3,422Scope 1 Intensity: 304.20 tCO2e/$MSSSITC International HoldingsYear: 2024Scope 1: 1,701,433 tCO2eRevenue: $M 23,907Scope 1 Intensity: 71.17 tCO2e/$MWan Hai LinesYear: 2024Scope 1: 4,471,249 tCO2eRevenue: $M 4,939Scope 1 Intensity: 905.30 tCO2e/$MMISCYear: 2024Scope 1: 3,800,082 tCO2eRevenue: $M 2,960Scope 1 Intensity: 1,283.63 tCO2e/$MTranscoal PacificYear: 2023Scope 1: 2,323,331 tCO2eRevenue: $M 118Scope 1 Intensity: 19,630.64 tCO2e/$MCOSCO Shipping HoldingsYear: 2024Scope 1: 21,964,626 tCO2eRevenue: $M 32,044Scope 1 Intensity: 685.46 tCO2e/$MCOSCO SHIPPING PortsYear: 2024Scope 1: 76,919 tCO2eRevenue: $M 1,503Scope 1 Intensity: 51.18 tCO2e/$M

How does COSCO SHIPPING Ports's GHG emissions intensity compare to its peers?

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

Where does COSCO SHIPPING Ports rank on GHG emissions intensity within its industry?

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

Insights into COSCO SHIPPING Ports's Total Carbon Footprint

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

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