Swire Shipping Pte. Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, Swire Shipping Pte. Ltd. disclosed greenhouse gas emissions of 754.6K tCO2e. By scope: Scope 1: 754.6K tCO2e; Scope 2: 339 tCO2e; Scope 3: 2.4K tCO2e. 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.

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GHG Emissions
754.6K tCO2e
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).754.6K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.339 tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).2.4K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Emissions reductions from using 2% of near zero emission fuels or equivalent savings from EET by the end of 2027.
  • Launch one leading decarbonisation initiative with specific relevance to the Pacific Islands by December 2023.
  • Establish framework for identifying critical suppliers by the end of 2023.

📅 Medium-term

  • 50% reduction of carbon intensity by 2030 compared to the 2015 baseline.
  • Use 5% of near zero emissions fuels in the operated fleet by 2030.
  • 30% female senior managers by 2025.

🔭 Long-term

  • Net Zero GHG emissions by 2050.
  • Use 100% of near zero emissions fuels in the operated fleet by 2050.
  • 10% female seafarers by 2026.

🌱 ESG Focus Areas

Thriving EnvironmentThriving PeopleThriving Partners

⚠️ Challenges & Risks +

  • Increased Scope 1 emissions due to increased number of vessels and trade patterns.
  • Low percentage of female senior managers (21.8% in 2022).
  • Low percentage of female seafarers (4.5% in 2022).
  • Challenges associated with combining units between different trades for EEOI reporting.
  • Supply chain disruptions and challenges related to decarbonization.

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Sustainability Reporting Standards (Universal Standards 2021)