Ocean Network Express Pte. Ltd. (commonly known as ONE) is a leading global container shipping company headquartered in Singapore (SG). Established in 2017, ONE has rapidly positioned itself as a key player in the maritime industry, focusing on providing innovative and efficient shipping solutions across major operational regions, including Asia, Europe, and North America. The company offers a comprehensive range of services, including container shipping, logistics, and supply chain management, distinguished by its commitment to sustainability and customer-centric solutions. ONE's modern fleet and advanced digital platforms enhance operational efficiency, setting it apart in a competitive market. With a strong emphasis on reliability and service quality, Ocean Network Express has achieved significant milestones, including rapid fleet expansion and a growing global presence, solidifying its status as a trusted partner in international trade.
How does Ocean Network Express Pte. Ltd.'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.
Mean score of companies in the Land Transportation 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.
Ocean Network Express Pte. Ltd.'s score of 15 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Ocean Network Express Pte. Ltd. reported a Scope 1 emission intensity of approximately 0.04481 grams of CO2 equivalent per TEU-km. This figure reflects the company's commitment to monitoring and managing its carbon emissions within the shipping industry. Over the years, the company has shown a gradual decrease in its Scope 1 emission intensity, with values of about 0.04679 gCO2e/TEU-km in 2019 and approximately 0.04836 gCO2e/TEU-km in 2018. This trend indicates a positive movement towards reducing carbon emissions in their operations. However, as of the latest data, Ocean Network Express has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of detailed reduction commitments suggests that while the company is tracking its emissions, it may need to establish more concrete goals to align with global climate action efforts. Overall, Ocean Network Express is taking steps to understand and reduce its carbon footprint, but further transparency and commitment to reduction targets would enhance its climate strategy.
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.
Ocean Network Express Pte. Ltd. is participating in some 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.