Public Profile

COSCO Shipping Development (Hong Kong) Co., Limited

COSCO Shipping Development (Hong Kong) Co., Limited, a prominent player in the maritime industry, is headquartered in Hong Kong. Established in 2016, the company has rapidly evolved, focusing on shipbuilding, leasing, and maritime logistics. With a strong operational presence across Asia and beyond, COSCO Shipping Development is renowned for its innovative solutions in the shipping sector. The company offers a diverse range of services, including the design and construction of various types of vessels, as well as comprehensive leasing options. Its commitment to quality and efficiency sets it apart in a competitive market. COSCO Shipping Development has achieved significant milestones, solidifying its position as a leader in the industry, and continues to drive advancements in maritime technology and sustainability.

DitchCarbon Score

How does COSCO Shipping Development (Hong Kong) Co., Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

5

Industry Average

Mean score of companies in the Inland Water Transport industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

10

Industry Benchmark

COSCO Shipping Development (Hong Kong) Co., Limited's score of 5 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

14%

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COSCO Shipping Development (Hong Kong) Co., Limited's reported carbon emissions

In 2023, COSCO Shipping Development (Hong Kong) Co., Limited reported greenhouse gas emissions data, although specific total emissions figures in kg CO2e were not disclosed. The company has provided metrics related to its operational efficiency, such as GHG emissions per square metre of floor area, which stands at approximately 140.0 kg CO2e/m². Additionally, the electricity consumption intensity per employee is about 7,847.9 kg CO2e, and per square metre of floor area, it is approximately 145.11 kg CO2e. For the previous years, the emissions metrics indicate a consistent approach to monitoring environmental impact, with 2022 showing GHG emissions of about 100.0 kg CO2e/m² and electricity consumption intensity per employee at approximately 5,803.28 kg CO2e. In 2021, similar metrics were reported, with emissions per square metre at about 100.0 kg CO2e and electricity consumption per employee at approximately 5,084.51 kg CO2e. Despite the absence of specific reduction targets or commitments, COSCO Shipping Development is actively tracking its emissions and energy consumption metrics. The company has not disclosed any Scope 1, 2, or 3 emissions data, nor has it set any formal reduction targets or climate pledges. This indicates a potential area for future development in their climate strategy, aligning with industry standards for transparency and accountability in emissions reporting.

Industry emissions intensity

Very low
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Very high
Some industries are more carbon intensive than others. COSCO Shipping Development (Hong Kong) Co., Limited's primary industry is Inland water transportation services, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for COSCO Shipping Development (Hong Kong) Co., Limited is in HK, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

COSCO Shipping Development (Hong Kong) Co., Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers