- Volatility in freight rates
- Bunker procurement exposure
- Delay in revenue transfer
- Shortage of senior floating staff officers
- Global economic instability impacting offshore activities
- High new building and secondary tonnage prices
- Uncertainty about renewal of O&M contracts by ONGC
The Shipping Corporation of India Limited
Greenhouse gas emissions & sustainability report data
In its 2022-04 to 2023-03 reporting, The Shipping Corporation of India Limited disclosed greenhouse gas emissions of 927.2K tCO2e/year (Scope 1). By scope: Scope 1: 927.2K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
927.2K tCO2e/year (Scope 1)
2022-04 to 2023-03
Water Usage
240.0K KL/year
2022-04 to 2023-03
Energy Use
12.1M GJ/year
2022-04 to 2023-03
📊 Emissions by Scope (2022-04 to 2023-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 927.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Compliance with IMO's 0.5% sulphur fuel regulation
- Installation of Ballast Water Treatment plants on 24 vessels
- Development of Ship Specific Energy Efficiency Management Plan (SEEMP)
- Ban on single-use plastics on ships
🎯 Climate & Sustainability Targets
🔜 Short-term
- 2% improvement in CII annually from 2023 to 2026
🔭 Long-term
- Align with IMO’s 2023 GHG Emissions strategy towards 2050
🌱 ESG Focus Areas
Environmental SustainabilityWorkforce Well-beingCorporate GovernanceCommunity EngagementSafety