In 2024, Hoegh Autoliners 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).
Hoegh Autoliners has also provided a category-level breakdown for 4 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 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | 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 Hoegh Autoliners amounted to 1,115,195 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 Hoegh Autoliners increased by 0.73%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Hoegh Autoliners were 1,114,732 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Hoegh Autoliners's Scope 1 emissions increased by 1.06%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Hoegh Autoliners reported Scope 2 greenhouse gas (GHG) emissions of 478 tCO₂e using the market-based method and 463 tCO₂e using the location-based method.a
Compared to the previous year (2023), Hoegh Autoliners's Scope 2 emissions (Location-Based) fell by 88.4% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Hoegh Autoliners reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Hoegh Autoliners reported 950,364 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 Hoegh Autoliners includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Hoegh Autoliners reported total Scope 3 emissions of 950,364 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
Compared to the previous year (2023), Hoegh Autoliners's Scope 3 emissions increased by 30.47%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Hoegh Autoliners reported emissions for 4 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 Hoegh Autoliners's Scope 3 emissions were:a
In 2024, Hoegh Autoliners reported Scope 1 greenhouse gas (GHG) emissions of 1,114,732 tCO₂e and total revenues of USD 14,036 millions. This translates into an emissions intensity of 79.42 tCO₂e per millions USD.a
In 2024, Hoegh Autoliners reported a Scope 1 emissions intensity of 79.42 tCO₂e per millions USD. Compared to the peer group median of 304.2, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Hoegh Autoliners ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Hoegh Autoliners is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Hoegh Autoliners reported a total carbon footprint of 2,065,559 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.53% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hoegh Autoliners's total carbon footprint was Scope 1 emissions, accounting for 53.97% of the company's total carbon footprint, followed by Scope 3 emissions at 46.01%.a