Public Profile

Costamare Inc.

Costamare Inc., a prominent player in the global shipping industry, is headquartered in Monaco (MC) and operates extensively across major maritime regions. Founded in 1974, the company has established itself as a leading provider of containerships, focusing on the acquisition, chartering, and management of a modern fleet. With a diverse portfolio of over 40 vessels, Costamare's unique approach combines operational excellence with a commitment to sustainability, positioning it favourably in the competitive shipping market. The company has achieved significant milestones, including strategic partnerships and a robust presence in the container shipping sector, which underscores its reputation for reliability and innovation. As a trusted name in maritime logistics, Costamare Inc. continues to navigate the complexities of global trade with a forward-thinking vision.

DitchCarbon Score

How does Costamare Inc.'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.

13

Industry Average

Mean score of companies in the Maritime 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.

9

Industry Benchmark

Costamare Inc.'s score of 13 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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Costamare Inc.'s reported carbon emissions

In 2023, Costamare Inc., headquartered in Monaco (MC), reported an intensity of total direct emissions of approximately 0.00516 tonnes CO2e per ton-mile. This figure reflects the company's commitment to monitoring its carbon footprint, although specific absolute emissions data for Scope 1, 2, and 3 are not disclosed. Costamare has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 40% by 2030, using 2023 as the baseline year. This target demonstrates the company's proactive approach to mitigating its environmental impact and aligns with industry standards for climate action. As the shipping industry faces increasing scrutiny regarding carbon emissions, Costamare's initiatives position it as a responsible player committed to sustainability and climate resilience.

Industry emissions intensity

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Low
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Very high
Some industries are more carbon intensive than others. Costamare Inc.'s primary industry is Sea and coastal 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 Costamare Inc. is in MC, which has a very low grid carbon intensity relative to other regions.

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.

Costamare Inc. 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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