HMM Co Ltd
HMM's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified 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 2023, the total operational greenhouse gas (GHG) emissions of HMM amounted to 5,472,958 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 2022, the total operational greenhouse gas (GHG) emissions of HMM increased by 1.71%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
HMM's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are HMM's Scope 1 emissions?
In 2023, the total Scope 1 emissions of HMM were 5,456,615 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 12.19%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), HMM's Scope 1 emissions increased by 2.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are HMM's Scope 2 emissions?
In 2023, HMM reported Scope 2 greenhouse gas (GHG) emissions of 16,343 tCO₂e without specifying the calculation method. a
Has HMM reduced its Scope 2 emissions over time?
Since 2020, HMM's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 66.01%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), HMM's Scope 2 emissions (Unspecified Calculation Method) fell by 50.96% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does HMM use for Scope 2 reporting?
In 2023, HMM reported its Scope 2 emissions using an unspecified methodology. a
HMM's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into HMM's Value Chain Emissions
In 2023, HMM reported 2,181,811 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 2023 disclosure of HMM includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
HMM's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are HMM's Scope 3 emissions?
In 2023, HMM reported total Scope 3 emissions of 2,181,811 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 80.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 19.81% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), HMM's Scope 3 emissions increased by 43.47%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does HMM disclose?
In 2023, HMM reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of HMM's Scope 3 emissions?
In 2023, the largest contributors to HMM's Scope 3 emissions were: a
- Fuel- and Energy-Related Services (Cat. 3): 1,179,106 tCO₂e (54.04%)
- Downstream Leased Assets (Cat. 13): 421,232 tCO₂e (19.31%)
- Upstream Transportation and Distribution (Cat. 4): 415,254 tCO₂e (19.03%)
HMM's Scope 3 Emissions by Categories
Insights into HMM’s GHG Emissions Intensity Compared to Industry Peers
In 2023, HMM reported Scope 1 greenhouse gas (GHG) emissions of 5,456,615 tCO₂e and total revenues of USD 6,574 millions. This translates into an emissions intensity of 829.99 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 2023, HMM reported a Scope 1 emissions intensity of 829.99 tCO₂e per millions USD. Compared to the peer group median of 12.28 , 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 2023, HMM ranked 25 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 2023, HMM reported a total carbon footprint of 7,654,769 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.91% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to HMM's total carbon footprint was Scope 1 emissions, accounting for 71.28% of the company's total carbon footprint, followed by Scope 3 emissions at 28.5%. a