Pangaea Logistics Solutions, often referred to simply as Pangaea, is a leading provider of integrated logistics services headquartered in the United States. Founded in 2010, the company has established a strong presence in key operational regions, including North America, South America, and Europe. Specialising in maritime logistics, Pangaea offers a range of services such as shipping, freight forwarding, and supply chain management, distinguished by their commitment to sustainability and efficiency. With a focus on the transportation of bulk commodities, Pangaea has achieved notable milestones, including a robust fleet of vessels and strategic partnerships that enhance their market position. Their innovative approach to logistics not only streamlines operations but also prioritises environmental responsibility, making them a preferred choice in the logistics industry.
How does Pangaea Logistics Solutions'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.
Pangaea Logistics Solutions's score of 12 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Pangaea Logistics Solutions reported carbon emissions of approximately 296,274,000 kg CO2e, exclusively from Scope 1 emissions. This marks a reduction from 2022, where the company recorded about 359,109,000 kg CO2e in Scope 1 emissions and an additional 55,000 kg CO2e from Scope 2 emissions. The trend indicates a commitment to reducing direct emissions, although specific reduction targets or initiatives have not been disclosed. In 2021, Pangaea's emissions were approximately 346,491,000 kg CO2e for Scope 1 and 75,000 kg CO2e for Scope 2, showing a gradual decrease in emissions over the years. However, there is no available data for emissions in 2020 and 2019, indicating a lack of comprehensive reporting for those years. Pangaea has not established any formal reduction targets or climate pledges, which may limit their accountability in addressing climate change. The company’s focus appears to be on managing and reporting its direct emissions, but further commitments or strategies for broader climate action remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 346,491,000 | 000,000,000 | 000,000,000 |
Scope 2 | 75,000 | 00,000 | - |
Scope 3 | - | - | - |
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.
Pangaea Logistics Solutions 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.