Danaos Corp

Common Name
Danaos
Country
Greece
Sector
Industrials
Industry
Marine Shipping
Employees
4
Ticker
DAC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Danaos Corporation operates as a major player in the shipping industry, specifically focusing on owning and operating containerships. As one of the largest independent owners in this sector, the compa...

Danaos's GHG Emissions Data Preview

In 2023, Danaos 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).

Danaos has also provided a category-level breakdown for 6 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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Total Scope 2
Location-Based
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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 Danaos's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Danaos amounted to 3,120,343.7 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 Danaos decreased by 15.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Danaos's Scope 1 Emissions Over Time

202220230950 k1.9 M2.85 M3.8 MtCO2e-15%
  • Total Scope 1
  • Year-over-Year Change

What are Danaos's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Danaos were 3,119,979 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Danaos's Scope 1 emissions decreased by 15.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Danaos's Scope 2 emissions?

In 2023, Danaos reported Scope 2 greenhouse gas (GHG) emissions of 364.7 tCOâ‚‚e using the location-based method.

Has Danaos reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Danaos's Scope 2 emissions (Location-Based) fell by 23.01% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Danaos use for Scope 2 reporting?

In 2023, Danaos reported its Scope 2 emissions using the location-based method.

Danaos's Scope 2 Emissions Over Time

202220230150300450600tCO2e
  • Total Scope 2 Location-Based

Insights into Danaos's Value Chain Emissions

In 2023, Danaos reported 289,789 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Danaos includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Danaos's Scope 3 Emissions Over Time

20222023085 k170 k255 k340 ktCO2e-12%
  • Total Scope 3
  • Year-over-Year Change

What are Danaos's Scope 3 emissions?

In 2023, Danaos reported total Scope 3 emissions of 289,789 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Danaos's Scope 3 emissions decreased by 12.36%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Danaos disclose?

In 2023, Danaos reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Danaos's Scope 3 emissions?

In 2023, the largest contributors to Danaos's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 282,815 tCOâ‚‚e (97.59%)
  • Business Travel (Cat. 6): 4,880 tCOâ‚‚e (1.68%)
  • Upstream Transportation and Distribution (Cat. 4): 995 tCOâ‚‚e (0.34%)

Danaos's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(97.6%)Business Travel(Cat. 6)(1.7%)

Insights into Danaos's Total Carbon Footprint

In 2023, Danaos reported a total carbon footprint of 3,410,132.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.9% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Danaos's total carbon footprint was Scope 1 emissions, accounting for 91.49% of the company's total carbon footprint, followed by Scope 3 emissions at 8.5%.

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