Matson Inc

Common Name
Matson
Country
United States
Sector
Industrials
Industry
Marine Shipping
Employees
4,356
Ticker
MATX
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Matson Inc. is a premier U.S.-based transportation services company that primarily specializes in ocean shipping and logistics. Its primary function is to facilitate the efficient movement of goods ac...

Matson's GHG Emissions Data Preview

In 2023, Matson 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).

Matson 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Matson’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 Matson’s data sources below and access millions more through our Disclosure Search.

a. Matson's Sustainability Report 2023
a. Matson's Sustainability Report 2023
b. Matson's Sustainability Report 2021
b. Matson's Sustainability Report 2021
c. Matson's Sustainability Report 2020
c. Matson's Sustainability Report 2020

Insights into Matson's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Matson amounted to 1,113,800 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 Matson decreased by 8.82%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Matson's Scope 1 Emissions Over Time

2018201920202021202220230350 k700 k1.05 M1.4 MtCO2e-4%-12%+17%0%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Matson's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Matson were 1,101,300 metric tons of CO₂ equivalent (tCO₂e). a

Has Matson reduced its Scope 1 emissions over time?

Since 2018, Matson's Scope 1 emissions have decreased by 9.25%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Matson's Scope 1 emissions decreased by 8.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Matson's Scope 2 emissions?

In 2023, Matson reported Scope 2 greenhouse gas (GHG) emissions of 12,500 tCO₂e without specifying the calculation method. a

Has Matson reduced its Scope 2 emissions over time?

Since 2018, Matson's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 1,282.74%, reflecting a rising long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2022), Matson's Scope 2 emissions (Unspecified Calculation Method) fell by 35.57% 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 Matson use for Scope 2 reporting?

In 2023, Matson reported its Scope 2 emissions using an unspecified methodology. a

Matson's Scope 2 Emissions Over Time

20182019202020212022202305 k10 k15 k20 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Matson's Value Chain Emissions

In 2023, Matson reported 1,288,500 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 Matson includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Matson's Scope 3 Emissions Over Time

20202021202220230450 k900 k1.35 M1.8 MtCO2e+524%-5%-20%
  • Total Scope 3
  • Year-over-Year Change

What are Matson's Scope 3 emissions?

In 2023, Matson reported total Scope 3 emissions of 1,288,500 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 (2022), Matson's Scope 3 emissions decreased by 19.95%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Matson disclose?

In 2023, Matson 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.

What are the main sources of Matson's Scope 3 emissions?

In 2023, the largest contributors to Matson's Scope 3 emissions were: a

  • Upstream Transportation and Distribution (Cat. 4): 393,500 tCO₂e (30.54%)
  • Upstream Leased Assets (Cat. 8): 388,800 tCO₂e (30.17%)
  • Fuel- and Energy-Related Services (Cat. 3): 264,300 tCO₂e (20.51%)

Matson's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(30.5%)Upstream LeasedAssets (Cat. 8)(30.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(20.5%)

Insights into Matson’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Matson reported Scope 1 greenhouse gas (GHG) emissions of 1,101,300 tCO₂e and total revenues of USD 3,095 millions. This translates into an emissions intensity of 355.88 tCO₂e per millions USD. a

Matson's Scope 1 Emissions Intensity Compared to Peers

1001,00020,000200,0005,000,000Scope 1 Emissions (tCO2e)2005002,0005,00010,000Revenues (Millions of USD)AMICF InternationalYear: 2024Scope 1: 705 tCO2eRevenue: $M 2,020Scope 1 Intensity: 0.35 tCO2e/$MWorthington EnterprisesYear: 2024Scope 1: 47,864 tCO2eRevenue: $M 1,246Scope 1 Intensity: 38.42 tCO2e/$MKorn FerryYear: 2023Scope 1: 1,015 tCO2eRevenue: $M 2,864Scope 1 Intensity: 0.35 tCO2e/$MGreenbrier CompaniesYear: 2021Scope 1: 55,915 tCO2eRevenue: $M 1,748Scope 1 Intensity: 31.99 tCO2e/$MREV GroupYear: 2023Scope 1: 17,260 tCO2eRevenue: $M 2,638Scope 1 Intensity: 6.54 tCO2e/$MAtkoreYear: 2024Scope 1: 23,200 tCO2eRevenue: $M 3,202Scope 1 Intensity: 7.25 tCO2e/$MUniFirstYear: 2023Scope 1: 250,106 tCO2eRevenue: $M 2,233Scope 1 Intensity: 112.00 tCO2e/$MTrinity IndustriesYear: 2023Scope 1: 50,731 tCO2eRevenue: $M 2,983Scope 1 Intensity: 17.01 tCO2e/$MGriffonYear: 2023Scope 1: 24,193 tCO2eRevenue: $M 2,685Scope 1 Intensity: 9.01 tCO2e/$MAAAZZYear: 2024Scope 1: 230,805 tCO2eRevenue: $M 1,538Scope 1 Intensity: 150.11 tCO2e/$MFirst AdvantageYear: 2024Scope 1: 294 tCO2eRevenue: $M 860Scope 1 Intensity: 0.34 tCO2e/$MGeo GroupYear: 2023Scope 1: 51,942 tCO2eRevenue: $M 2,413Scope 1 Intensity: 21.52 tCO2e/$MLouisiana-PacificYear: 2024Scope 1: 182,000 tCO2eRevenue: $M 2,941Scope 1 Intensity: 61.88 tCO2e/$MWerner EnterprisesYear: 2023Scope 1: 973,118 tCO2eRevenue: $M 3,283Scope 1 Intensity: 296.37 tCO2e/$MKennametalYear: 2024Scope 1: 31,000 tCO2eRevenue: $M 2,047Scope 1 Intensity: 15.14 tCO2e/$MMMMYR GroupYear: 2024Scope 1: 74,362 tCO2eRevenue: $M 3,362Scope 1 Intensity: 22.12 tCO2e/$MMiddlebyYear: 2021Scope 1: 17,748 tCO2eRevenue: $M 3,251Scope 1 Intensity: 5.46 tCO2e/$MSiteOne Landscape SupplyYear: 2023Scope 1: 76,326 tCO2eRevenue: $M 4,301Scope 1 Intensity: 17.75 tCO2e/$MKirbyYear: 2023Scope 1: 770,400 tCO2eRevenue: $M 3,092Scope 1 Intensity: 249.19 tCO2e/$MValmont IndustriesYear: 2024Scope 1: 113,873 tCO2eRevenue: $M 4,075Scope 1 Intensity: 27.94 tCO2e/$MApplied Industrial TechnologiesYear: 2025Scope 1: 32,283 tCO2eRevenue: $M 4,563Scope 1 Intensity: 7.07 tCO2e/$MA O SmithYear: 2019Scope 1: 71,824 tCO2eRevenue: $M 2,993Scope 1 Intensity: 24.00 tCO2e/$MMoogYear: 2024Scope 1: 12,538 tCO2eRevenue: $M 3,609Scope 1 Intensity: 3.47 tCO2e/$MMatsonYear: 2023Scope 1: 1,101,300 tCO2eRevenue: $M 3,095Scope 1 Intensity: 355.88 tCO2e/$M

How does Matson's GHG emissions intensity compare to its peers?

In 2023, Matson reported a Scope 1 emissions intensity of 355.88 tCO₂e per millions USD. Compared to the peer group median of 17.75 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Matson rank on GHG emissions intensity within its industry?

In 2023, Matson ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Matson among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Matson's Total Carbon Footprint

In 2023, Matson reported a total carbon footprint of 2,402,300 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.15% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Matson's total carbon footprint was Scope 3 emissions, accounting for 53.64% of the company's total carbon footprint, followed by Scope 1 emissions at 45.84%. a

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