HMM Co Ltd
HMM's GHG Emissions Data Preview
In 2024, HMM 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).
HMM has also provided a category-level breakdown for 10 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.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
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bVerified Sources Behind HMM’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 HMM’s data sources below and access millions more through our Disclosure Search.
Insights into HMM's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of HMM amounted to 6,010,691 metric 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 HMM increased by 9.83%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
HMM's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are HMM's Scope 1 emissions?
In 2024, the total Scope 1 emissions of HMM were 5,993,765 metric tons of CO₂ equivalent (tCO₂e).a
Has HMM reduced its Scope 1 emissions over time?
Since 2020, HMM's Scope 1 emissions have increased by 23.23%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), HMM's Scope 1 emissions increased by 9.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are HMM's Scope 2 emissions?
In 2024, HMM reported Scope 2 greenhouse gas (GHG) emissions of 13,296 tCO₂e using the market-based method and 16,926 tCO₂e using the location-based method.a
What methodology does HMM use for Scope 2 reporting?
In 2024, HMM reported its Scope 2 emissions using the market-based method and using the location-based method.a
HMM's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into HMM's Value Chain Emissions
In 2024, HMM reported 2,831,583 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 HMM includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, down from 10 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
HMM's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are HMM's Scope 3 emissions?
In 2024, HMM reported total Scope 3 emissions of 2,831,583 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 81.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 18.91% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), HMM's Scope 3 emissions increased by 29.78%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
What categories of Scope 3 emissions does HMM disclose?
In 2024, HMM reported emissions for 9 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 HMM's Scope 3 emissions?
In 2024, the largest contributors to HMM's Scope 3 emissions were:a
- Fuel- and Energy-Related Services (Cat. 3): 1,204,371 tCO₂e (42.53%)
- Upstream Transportation and Distribution (Cat. 4): 552,510 tCO₂e (19.51%)
- Downstream Leased Assets (Cat. 13): 509,081 tCO₂e (17.98%)
HMM's Scope 3 Emissions by Categories
Insights into HMM’s GHG Emissions Intensity Compared to Industry Peers
In 2024, HMM reported Scope 1 greenhouse gas (GHG) emissions of 5,993,765 tCO₂e and total revenues of USD 7,973 millions. This translates into an emissions intensity of 751.71 tCO₂e per millions USD.a
HMM's Scope 1 Emissions Intensity Compared to Peers
How does HMM's GHG emissions intensity compare to its peers?
In 2024, HMM reported a Scope 1 emissions intensity of 751.71 tCO₂e per millions USD. Compared to the peer group median of 17.76, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does HMM rank on GHG emissions intensity within its industry?
In 2024, HMM ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places HMM among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into HMM's Total Carbon Footprint
In 2024, HMM reported a total carbon footprint of 8,842,274 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.51% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to HMM's total carbon footprint was Scope 1 emissions, accounting for 67.79% of the company's total carbon footprint, followed by Scope 3 emissions at 32.02%.a