Orient Overseas (International) Ltd

Common Name
Orient Overseas (International)
Country
Hong Kong
Sector
Industrials
Industry
Marine Shipping
Employees
11,223
Ticker
316
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Orient Overseas (International) Limited, an investment holding company, provides container transport and logistics services in Asia, Europe, North and South America, Australia, and Africa. It offers s...

Orient Overseas (International)'s GHG Emissions Data Preview

In 2023, Orient Overseas (International) 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).

However, Orient Overseas (International) has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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b
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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Verified Sources Behind Orient Overseas (International)’s Greenhouse Gas (GHG) Emissions Data

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a. Orient Overseas (International)'s Sustainability Report 2023
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b. Orient Overseas (International)'s Sustainability Report 2022
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Insights into Orient Overseas (International)'s Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Orient Overseas (International) amounted to 6,298,500 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). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Orient Overseas (International) increased by 8.03%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Orient Overseas (International)'s Scope 1 Emissions Over Time

20212022202302 M4 M6 M8 MtCO2e+5%+8%
  • Total Scope 1
  • Year-over-Year Change

What are Orient Overseas (International)'s Scope 1 emissions?

In 2023, the total Scope 1 emissions of Orient Overseas (International) were 6,277,700 metric tons of CO₂ equivalent (tCO₂e). a

Has Orient Overseas (International) reduced its Scope 1 emissions over time?

Since 2021, Orient Overseas (International)'s Scope 1 emissions have increased by 13.23%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Orient Overseas (International)'s Scope 1 emissions increased by 7.96%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Orient Overseas (International)'s Scope 2 emissions?

In 2023, Orient Overseas (International) reported Scope 2 greenhouse gas (GHG) emissions of 20,800 tCO₂e using the location-based method. a

Has Orient Overseas (International) reduced its Scope 2 emissions over time?

Since 2021, Orient Overseas (International)'s Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 74.94%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Orient Overseas (International)'s Scope 2 emissions (Location-Based) rose by 38.48% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Orient Overseas (International) use for Scope 2 reporting?

In 2023, Orient Overseas (International) reported its Scope 2 emissions using the location-based method. a

Orient Overseas (International)'s Scope 2 Emissions Over Time

20212022202305.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 Location-Based

Insights into Orient Overseas (International)'s Value Chain Emissions

In 2023, Orient Overseas (International) reported 2,688,830 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Orient Overseas (International) includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Orient Overseas (International)'s Scope 3 Emissions Over Time

2021202220230700 k1.4 M2.1 M2.8 MtCO2e+701883%+112%
  • Total Scope 3
  • Year-over-Year Change

What are Orient Overseas (International)'s Scope 3 emissions?

In 2023, Orient Overseas (International) reported total Scope 3 emissions of 2,688,830 metric tons of CO₂ equivalent (tCO₂e). a

Has Orient Overseas (International) reduced its Scope 3 emissions over time?

Since 2021, Orient Overseas (International)'s Scope 3 emissions have increased by 1,485,441.44%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Orient Overseas (International)'s Scope 3 emissions increased by 111.62%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into Orient Overseas (International)'s Total Carbon Footprint

In 2023, Orient Overseas (International) reported a total carbon footprint of 8,987,330 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26.57% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Orient Overseas (International)'s total carbon footprint was Scope 1 emissions, accounting for 69.85% of the company's total carbon footprint, followed by Scope 3 emissions at 29.92%. a

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