In 2024, Sincere Navigation 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) and Scope 2 (indirect emissions from purchased energy).
However, Sincere Navigation has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 307,373.48a | 287,919.53a | 267,797a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 20a | 21.3a | 20.6a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2,282.2066a | 2,088.1217a | 2,072.5952a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Sincere Navigation amounted to 307,393.48 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 2023, the total operational greenhouse gas (GHG) emissions of Sincere Navigation increased by 6.76%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Sincere Navigation were 307,373.48 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Sincere Navigation's Scope 1 emissions have decreased by 12.54%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Sincere Navigation's Scope 1 emissions increased by 6.76%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Sincere Navigation reported Scope 2 greenhouse gas (GHG) emissions of 20 tCO₂e without specifying the calculation method.a
Since 2019, Sincere Navigation's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 45.36%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Sincere Navigation's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sincere Navigation's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Sincere Navigation reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Sincere Navigation reported Scope 1 greenhouse gas (GHG) emissions of 307,373.48 tCO₂e and total revenues of USD 135 millions. This translates into an emissions intensity of 2,282.21 tCO₂e per millions USD.a
In 2024, Sincere Navigation reported a Scope 1 emissions intensity of 2,282.21 tCO₂e per millions USD. Compared to the peer group median of 685.46, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Sincere Navigation ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Sincere Navigation among the least efficient performers, with one of the highest emissions intensities in its sector.a