- Availability and cost of green fuels.
- Meeting decarbonization targets in a rapidly evolving regulatory landscape.
- Supply chain disruptions due to extreme weather events.
- Potential for physical climate risks (extreme weather, sea level rise).
- Transition risks (regulatory changes, market shifts).
Danaos Corporation Shipping Co Ltd
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Danaos Corporation Shipping Co Ltd disclosed greenhouse gas emissions of 3.1M tCO2e/year. By scope: Scope 1: 3.1M tCO2e/year; Scope 2: 364.7 tCO2e/year; Scope 3: 289.8K 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
3.1M tCO2e/year
2023
Renewable Energy
54.1% (Greece office)
of total energy
Water Usage
5.4M m3/year (ballast water exchange)
2023
Waste
5.5K m3/year (containers)
2023
Energy Use
42.2K TJ/year
2023
📊 Emissions by Scope (2023)
| 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). | 3.1M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 364.7 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 289.8K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 3.1M tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved 48.5% reduction in CO2 emissions intensity compared to 2008 baseline, exceeding the 2025 target by two years.
- 98.7% of the fleet equipped with Ballast Water Treatment Systems (BWTS).
- 33% of the fleet equipped with garbage compactors (target 100% by 2025).
- Zero significant spills reported.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Install AMP on 25% of the fleet by 2025.
📅 Medium-term
- Achieve 50% reduction in carbon intensity by 2030 compared to 2008 levels.
🔭 Long-term
- Achieve carbon neutrality by 2050.
🌱 ESG Focus Areas
Climate ChangeEmissions ReductionEnergy EfficiencyWaste ManagementBiodiversityOccupational Health & SafetyEmployee Well-beingDiversity & InclusionCorporate GovernanceAnti-CorruptionSustainable ProcurementHuman Rights