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China State Shipbuilding

China State Shipbuilding Corporation (CSSC) is a state-owned company headquartered in Shanghai, China. In 2023, it had a group revenue of USD 10.6 billion from its shipbuilding activities, including production of oil tankers, bulk carriers, conditioner vessels, deep-water survey ships and marine equipment. CSSC is one of the largest shipbuilding companies globally. It has some activities that could help its future low-carbon transition, but it does not disclose any transition plan or emissions targets.

Ranking position
#13 /14
Total score
0.3 /100

ACT
0.2 /60
Core social indicators
0.0 /20
Just transition
0.0 /20

ACT score components

Performance score
0.2 /20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank

Targets

#1 0.0 /100 #12

Material investment

#1 0.0 /100 #5

Intangible investment

#1 0.0 /100 #4

Sold products

#1 0.0 /100 #10

Management

#1 0.0 /100 #13

Supplier engagement

#1 0.0 /100 #13

Client engagement

#1 0.0 /100 #13

Policy engagement

#1 0.0 /100 #13

Business model

#1 8.8 /100 #10
#1
Indicates the score for the top performing company.

Act assessment

Leading Practices

Risks and Opportunities

Trend

CSSC receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease due to its lack of disclosure regarding emissions reduction targets and its current and future CapEx and R&D investments in low-carbon or climate mitigation technologies.

Progress towards the Paris Agreement

CSSC does not publicly disclose a low-carbon transition plan, nor any targets to reduce its carbon emissions. Given the company’s lack of publicly available information, it is not possible to provide a meaningful assessment of its historical emissions intensity trend or the locked-in emissions from its assets. The company should develop a long-term target that aligns with the 1.5°C pathway and covers its scope 1, 2 and 3 emissions. Additionally, it should set intermediate targets at gaps of no more than five years to incentivise near-term action on its longer-term decarbonisation goals. CSSC does not disclose its R&D expenditure, nor what percentage was dedicated to low-carbon technologies. The company does undertake some actions towards decarbonisation, such as retrofitting vessels with low-carbon technologies. However, there is no clarity regarding how CSSC plans to engage with its suppliers and clients to reduce GHG emissions. The company’s non-disclosure of targets, strategy, financial data and emissions intensity, all suggest that the company is not yet committed to the low-carbon transition. 

Social Assessment

Just transition assessment

Core Social Assessment

More about the company

Headquarters
Shanghai, China
Ownership
Government
Group revenue
USD 10.6 billion (FY2023)
Group employees
15,430 (FY2023)
Vehicles sold
-
Website
http://www.cssc.net.cn

This company is part of the SDG2000, the 2000 most influential companies

See company profile