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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 2024, 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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
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 2024
a. Matson's Sustainability Report 2024
b. Matson's Sustainability Report 2023
b. Matson's Sustainability Report 2023
c. Matson's Sustainability Report 2021
c. Matson's Sustainability Report 2021

Insights into Matson's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofMatson amounted to1,057,100metric 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 Matsondecreased by 5.51%, 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

2019202020212022202320240350 k700 k1.05 M1.4 MtCO2e-12%+17%0%-8%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Matson's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Matson were 1,040,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Matson reduced its Scope 1 emissions over time?

Since 2019, Matson's Scope 1 emissions have decreased by 10.7%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Matson's Scope 1 emissions decreased by 5.48%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Matson's Scope 2 emissions?

In 2024, Matson reported Scope 2 greenhouse gas (GHG) emissions of 16,200 tCOâ‚‚e using the location-based method.a

Has Matson reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Matson's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Matson's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Matson use for Scope 2 reporting?

In 2024, Matson reported its Scope 2 emissions using the location-based method.a

Matson's Scope 2 Emissions Over Time

20192020202120222023202405 k10 k15 k20 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Matson's Value Chain Emissions

In 2024, Matson reported 1,236,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Matson includes a breakdown across 4of 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

Matson's Scope 3 Emissions Over Time

202020212022202320240450 k900 k1.35 M1.8 MtCO2e+524%-5%-20%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Matson's Scope 3 emissions?

In 2024, Matson reported total Scope 3 emissions of 1,236,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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), Matson's Scope 3 emissions remained relatively stable, indicating that Matson's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Matson disclose?

In 2024, 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 2024, the largest contributors to Matson's Scope 3 emissions were:a

  • Upstream Leased Assets (Cat. 8): 407,800 tCOâ‚‚e(32.97%)
  • Upstream Transportation and Distribution (Cat. 4): 344,200 tCOâ‚‚e(27.83%)
  • Fuel- and Energy-Related Services (Cat. 3): 267,600 tCOâ‚‚e(21.63%)

Matson's Scope 3 Emissions by Categories

Upstream LeasedAssets (Cat. 8)(33.0%)UpstreamTransportation andDistribution(Cat. 4)(27.8%)Fuel- andEnergy-RelatedServices (Cat. 3)(21.6%)

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

In 2024, Matson reported Scope 1 greenhouse gas (GHG) emissions of 1,040,900 tCOâ‚‚e and total revenues of USD 3,422 millions. This translates into an emissions intensity of 304.2 tCOâ‚‚e 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)HAAHHHHillenbrand IncYear: 2024Scope 1: 7,938 tCO2eRevenue: $M 3,183Scope 1 Intensity: 2.49 tCO2e/$MAtkoreYear: 2024Scope 1: 23,200 tCO2eRevenue: $M 3,202Scope 1 Intensity: 7.25 tCO2e/$MBradyYear: 2024Scope 1: 8,302 tCO2eRevenue: $M 1,341Scope 1 Intensity: 6.19 tCO2e/$MUniFirstYear: 2023Scope 1: 250,106 tCO2eRevenue: $M 2,233Scope 1 Intensity: 112.00 tCO2e/$MTrinity IndustriesYear: 2024Scope 1: 53,054 tCO2eRevenue: $M 3,079Scope 1 Intensity: 17.23 tCO2e/$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: $M 2,413Scope 1 Intensity: 21.52 tCO2e/$MTrexYear: 2024Scope 1: 35,416 tCO2eRevenue: $M 1,151Scope 1 Intensity: 30.76 tCO2e/$MGibraltar IndustriesYear: 2022Scope 1: 10,160 tCO2eRevenue: $M 1,390Scope 1 Intensity: 7.31 tCO2e/$MWerner EnterprisesYear: 2024Scope 1: 901,542 tCO2eRevenue: $M 3,030Scope 1 Intensity: 297.51 tCO2e/$MAAAARYear: 2024Scope 1: 22,450 tCO2eRevenue: $M 2,319Scope 1 Intensity: 9.68 tCO2e/$MMueller Water ProductsYear: 2024Scope 1: 23,312 tCO2eRevenue: $M 1,315Scope 1 Intensity: 17.73 tCO2e/$MHHHuron Consulting GroupYear: 2024Scope 1: 476 tCO2eRevenue: $M 1,522Scope 1 Intensity: 0.31 tCO2e/$MKennametalYear: 2024Scope 1: 31,000 tCO2eRevenue: $M 2,047Scope 1 Intensity: 15.14 tCO2e/$MSiteOne Landscape SupplyYear: 2023Scope 1: 76,326 tCO2eRevenue: $M 4,301Scope 1 Intensity: 17.75 tCO2e/$MKirbyYear: 2024Scope 1: 757,500 tCO2eRevenue: $M 3,266Scope 1 Intensity: 231.94 tCO2e/$MValmont IndustriesYear: 2024Scope 1: 113,873 tCO2eRevenue: $M 4,075Scope 1 Intensity: 27.94 tCO2e/$MApplied Industrial TechnologiesYear: 2025Scope 1: 32,283 tCO2eRevenue: $M 4,563Scope 1 Intensity: 7.07 tCO2e/$MTennantYear: 2024Scope 1: 23,937 tCO2eRevenue: $M 1,287Scope 1 Intensity: 18.60 tCO2e/$MMoogYear: 2024Scope 1: 12,538 tCO2eRevenue: $M 3,609Scope 1 Intensity: 3.47 tCO2e/$MMatsonYear: 2024Scope 1: 1,040,900 tCO2eRevenue: $M 3,422Scope 1 Intensity: 304.20 tCO2e/$M

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

In 2024, Matson reported a Scope 1 emissions intensity of 304.2 tCOâ‚‚e per millions USD. Compared to the peer group median of 16.19, 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 2024, Matson ranked 23 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, Matson reported a total carbon footprint of 2,294,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.71% decrease compared to 2023, 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 53.92% of the company's total carbon footprint, followed by Scope 1 emissions at 45.37%.a

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