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Pan Ocean Co Ltd
Pan Ocean's GHG Emissions Data Preview
In 2024, Pan Ocean 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).
Pan Ocean has also provided a category-level breakdown for 5 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Pan Ocean’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 Pan Ocean’s data sources below and access millions more through our Disclosure Search.
Insights into Pan Ocean's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofPan Ocean amounted to2,960,095metric 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 Pan Oceanincreased by 10.47%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Pan Ocean's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Pan Ocean's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Pan Ocean were 2,959,210 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Pan Ocean reduced its Scope 1 emissions over time?
Since 2020, Pan Ocean's Scope 1 emissions have increased by 24.18%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Pan Ocean's Scope 1 emissions increased by 10.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Pan Ocean's Scope 2 emissions?
In 2024, Pan Ocean reported Scope 2 greenhouse gas (GHG) emissions of 885 tCOâ‚‚e without specifying the calculation method.a
Has Pan Ocean reduced its Scope 2 emissions over time?
Since 2020, Pan Ocean's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 55.54%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Pan Ocean's Scope 2 emissions(Unspecified Calculation Method) rose by 25.53% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Pan Ocean use for Scope 2 reporting?
In 2024, Pan Ocean reported its Scope 2 emissions using an unspecified methodology.a
Pan Ocean's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Pan Ocean's Value Chain Emissions
In 2024, Pan Ocean reported 4,384,419 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 Pan Ocean includes a breakdown across 5of 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
Pan Ocean's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Pan Ocean's Scope 3 emissions?
In 2024, Pan Ocean reported total Scope 3 emissions of 4,384,419 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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.a
Has Pan Ocean reduced its Scope 3 emissions over time?
Since 2020, Pan Ocean's Scope 3 emissionshave increased by 201.74%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Pan Ocean's Scope 3 emissions remained relatively stable, indicating that Pan Ocean's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Pan Ocean disclose?
In 2024, Pan Ocean reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Pan Ocean's Scope 3 emissions?
In 2024, the largest contributors to Pan Ocean's Scope 3 emissions were:a
- Upstream Transportation and Distribution (Cat. 4): 2,666,641 tCOâ‚‚e(60.82%)
- Upstream Leased Assets (Cat. 8): 1,714,968 tCOâ‚‚e(39.12%)
- Purchased Goods and Services (Cat. 1): 2,434 tCOâ‚‚e(0.06%)
Pan Ocean's Scope 3 Emissions by Categories
Insights into Pan Ocean’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Pan Ocean reported Scope 1 greenhouse gas (GHG) emissions of 2,959,210 tCOâ‚‚e and total revenues of USD 3,517 millions. This translates into an emissions intensity of 841.34 tCOâ‚‚e per millions USD.a
Pan Ocean's Scope 1 Emissions Intensity Compared to Peers
How does Pan Ocean's GHG emissions intensity compare to its peers?
In 2024, Pan Ocean reported a Scope 1 emissions intensity of 841.34 tCOâ‚‚e per millions USD. Compared to the peer group median of 8.57, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Pan Ocean rank on GHG emissions intensity within its industry?
In 2024, Pan Ocean ranked 25 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 Pan Ocean among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Pan Ocean's Total Carbon Footprint
In 2024, Pan Ocean reported a total carbon footprint of 7,344,514 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.14% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Pan Ocean's total carbon footprint was Scope 3 emissions, accounting for 59.7% of the company's total carbon footprint, followed by Scope 1 emissions at 40.29%.a