In 2024, Hawaiian Electric Industries 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) and Scope 3 (indirect emissions across the value chain).
Hawaiian Electric Industries has also provided a category-level breakdown for 3 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 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hawaiian Electric Industries amounted to 4,361,243 metric tons of CO2 equivalent. This figure reflects direct emissions from owned or controlled sources (Scope 1).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Hawaiian Electric Industries decreased by 1.39%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Hawaiian Electric Industries were 4,361,243 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Hawaiian Electric Industries's Scope 1 emissions have increased by 1.62%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Hawaiian Electric Industries's Scope 1 emissions decreased by 1.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Hawaiian Electric Industries reported 2,149,295 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Hawaiian Electric Industries includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, down from 3 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, Hawaiian Electric Industries reported total Scope 3 emissions of 2,149,295 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Hawaiian Electric Industries's Scope 3 emissions have decreased by 40.01%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Hawaiian Electric Industries's Scope 3 emissions remained relatively stable, indicating that Hawaiian Electric Industries's emissions have plateaued with no significant change in its value chain footprint.ab
In 2024, Hawaiian Electric Industries reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Hawaiian Electric Industries's Scope 3 emissions were:a
In 2024, Hawaiian Electric Industries reported Scope 1 greenhouse gas (GHG) emissions of 4,361,243 tCO₂e and total revenues of USD 3,220 millions. This translates into an emissions intensity of 1,354.49 tCO₂e per millions USD.a
In 2024, Hawaiian Electric Industries reported a Scope 1 emissions intensity of 1,354.49 tCO₂e per millions USD. Compared to the peer group median of 2,073.79, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Hawaiian Electric Industries ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Hawaiian Electric Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a