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Hafnia Ltd
Hafnia's GHG Emissions Data Preview
In 2024, Hafnia completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Hafnia has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind Hafnia’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hafnia’s data sources below and access millions more through our Disclosure Search.
Insights into Hafnia's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHafnia amounted to2,200,522metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Hafniaincreased by 13.4%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Hafnia's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hafnia's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hafnia were 2,200,393 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Hafnia reduced its Scope 1 emissions over time?
Since 2021, Hafnia's Scope 1 emissions have increased by 50.52%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Hafnia's Scope 1 emissions increased by 13.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Hafnia's Scope 2 emissions?
In 2024, Hafnia reported Scope 2 greenhouse gas (GHG) emissions of 156 tCOâ‚‚e using the market-based method and 129 tCOâ‚‚e using the location-based method.a
Has Hafnia reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Hafnia's Scope 2 emissions(Location-Based) rose by 13.86% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Hafnia use for Scope 2 reporting?
In 2024, Hafnia reported its Scope 2 emissions using the market-based method and using the location-based method.a
Hafnia's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Hafnia's Value Chain Emissions
In 2024, Hafnia reported 685,455 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Hafnia includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,up from 6 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Hafnia's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hafnia's Scope 3 emissions?
In 2024, Hafnia reported total Scope 3 emissions of 685,455 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 79.74%of these emissions originated from upstream activities such as purchased goods and capital goods, while 20.26%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Hafnia's Scope 3 emissions remained relatively stable, indicating that Hafnia's emissions have plateaued with no significant change in its value chain footprint.ab
What categories of Scope 3 emissions does Hafnia disclose?
In 2024, Hafnia reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Hafnia's Scope 3 emissions?
In 2024, the largest contributors to Hafnia's Scope 3 emissions were:a
- Fuel- and Energy-Related Services (Cat. 3): 414,356 tCOâ‚‚e(60.45%)
- Downstream Leased Assets (Cat. 13): 138,372 tCOâ‚‚e(20.19%)
- Purchased Goods and Services (Cat. 1): 62,965 tCOâ‚‚e(9.19%)
Hafnia's Scope 3 Emissions by Categories
Insights into Hafnia’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hafnia reported Scope 1 greenhouse gas (GHG) emissions of 2,200,393 tCOâ‚‚e and total revenues of USD 29,201 millions. This translates into an emissions intensity of 75.35 tCOâ‚‚e per millions USD.a
Hafnia's Scope 1 Emissions Intensity Compared to Peers
How does Hafnia's GHG emissions intensity compare to its peers?
In 2024, Hafnia reported a Scope 1 emissions intensity of 75.35 tCOâ‚‚e per millions USD. Compared to the peer group median of 626.57, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Hafnia rank on GHG emissions intensity within its industry?
In 2024, Hafnia ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Hafnia is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Hafnia's Total Carbon Footprint
In 2024, Hafnia reported a total carbon footprint of 2,885,977 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.91% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Hafnia's total carbon footprint was Scope 1 emissions, accounting for 76.24% of the company's total carbon footprint, followed by Scope 3 emissions at 23.75%.a