Pan Ocean Co Ltd
Pan Ocean's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 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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Verified Sources Behind Pan Ocean’s Greenhouse Gas (GHG) Emissions Data
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Insights into Pan Ocean's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Pan Ocean amounted to 2,679,293 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 Pan Ocean increased by 0.36%, 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 2023, the total Scope 1 emissions of Pan Ocean were 2,678,713 metric tons of CO₂ equivalent (tCO₂e). a
Has Pan Ocean reduced its Scope 1 emissions over time?
Since 2020, Pan Ocean's Scope 1 emissions have increased by 12.41%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Pan Ocean's Scope 1 emissions remained relatively stable, indicating that Pan Ocean's emissions have plateaued with no significant change in its operational footprint. a
What are Pan Ocean's Scope 2 emissions?
In 2023, Pan Ocean reported Scope 2 greenhouse gas (GHG) emissions of 580 tCO₂e 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 remained relatively stable, indicating that Pan Ocean 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), Pan Ocean's Scope 2 emissions (Unspecified Calculation Method) rose by 20.08% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Pan Ocean use for Scope 2 reporting?
In 2023, 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 2023, Pan Ocean reported 4,511,253 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 Pan Ocean includes a breakdown across 5 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
Pan Ocean's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Pan Ocean's Scope 3 emissions?
In 2023, Pan Ocean reported total Scope 3 emissions of 4,511,253 metric tons of CO₂ equivalent (tCO₂e). 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 emissions have increased by 210.47%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Pan Ocean's Scope 3 emissions increased by 20.65%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Pan Ocean disclose?
In 2023, 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 2023, the largest contributors to Pan Ocean's Scope 3 emissions were: a
- Upstream Transportation and Distribution (Cat. 4): 2,531,001 tCO₂e (56.1%)
- Upstream Leased Assets (Cat. 8): 1,977,601 tCO₂e (43.84%)
- Purchased Goods and Services (Cat. 1): 2,399 tCO₂e (0.05%)
Pan Ocean's Scope 3 Emissions by Categories
Insights into Pan Ocean's Total Carbon Footprint
In 2023, Pan Ocean reported a total carbon footprint of 7,190,546 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.2% increase compared to 2022, 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 62.74% of the company's total carbon footprint, followed by Scope 1 emissions at 37.25%. a