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Matson Inc

Common Name
Matson
Country
United States
Sector
Industrials
Industry
Marine Shipping
Employees
4,170
Ticker
MATX
Exchange
New York Stock Exchange
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)2024202320222021-2019
Total Scope 1
1,040,900a
1,101,300a
1,202,200a
Total Scope 2
Unspecified Calculation Method
N/AN/AN/A
Total Scope 3
1,236,900a
1,288,500a
1,609,700a
Total Scope 1 Revenue Intensity (tCO2e/$M)
304.1966a
355.878a
276.8133a
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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.

a. Matson's Sustainability Report 2024
b. Matson's Sustainability Report 2023
c. Matson's Sustainability Report 2021

Insights into Matson's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Matson amounted to 1,057,100 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 Matson decreased 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 CO₂ equivalent (tCO₂e).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 tCO₂e 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 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 Matson 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

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 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), 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 tCO₂e (32.97%)
  • Upstream Transportation and Distribution (Cat. 4): 344,200 tCO₂e (27.83%)
  • Fuel- and Energy-Related Services (Cat. 3): 267,600 tCO₂e (21.63%)

Matson's Scope 3 Emissions by Categories

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

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 tCO₂e and total revenues of USD 3,422 millions. This translates into an emissions intensity of 304.2 tCO₂e per millions USD.a

Matson's Scope 1 Emissions Intensity Compared to Peers

5,00050,000500,0002,000,00020,000,000Scope 1 Emissions (tCO2e)502002,00020,000100,000Revenues (Millions of USD)Transcoal PacificYear: 2023Scope 1: 2,323,331 tCO2eRevenue: $M 118Scope 1 Intensity: 19,630.64 tCO2e/$MTangshan Port GroupYear: 2023Scope 1: 72,397 tCO2eRevenue: $M 822Scope 1 Intensity: 88.04 tCO2e/$MWallenius WilhelmsenYear: 2025Scope 1: 4,182,722 tCO2eRevenue: $M 50,034Scope 1 Intensity: 83.60 tCO2e/$MWestports HoldingsYear: 2024Scope 1: 134,181 tCO2eRevenue: $M 524Scope 1 Intensity: 255.95 tCO2e/$MYang Ming Marine TransportYear: 2024Scope 1: 4,356,301 tCO2eRevenue: $M 6,798Scope 1 Intensity: 640.81 tCO2e/$MJSW InfrastructureYear: 2025Scope 1: 29,642 tCO2eRevenue: $M 524Scope 1 Intensity: 56.58 tCO2e/$MKawasaki Kisen KaishaYear: 2024Scope 1: 6,923,162 tCO2eRevenue: $M 6,326Scope 1 Intensity: 1,094.48 tCO2e/$MDFDSYear: 2025Scope 1: 2,491,000 tCO2eRevenue: $M 4,871Scope 1 Intensity: 511.39 tCO2e/$MDampskibsselskabet NordenYear: 2025Scope 1: 3,586,063 tCO2eRevenue: $M 19,762Scope 1 Intensity: 181.46 tCO2e/$MHamburger Hafen und LogistikYear: 2025Scope 1: 59,740 tCO2eRevenue: $M 2,065Scope 1 Intensity: 28.93 tCO2e/$MPan OceanYear: 2024Scope 1: 2,959,210 tCO2eRevenue: $M 3,517Scope 1 Intensity: 841.34 tCO2e/$MBW LPGYear: 2024Scope 1: 1,368,810 tCO2eRevenue: $M 3,564Scope 1 Intensity: 384.09 tCO2e/$MCOSCO SHIPPING PortsYear: 2024Scope 1: 76,919 tCO2eRevenue: $M 1,503Scope 1 Intensity: 51.18 tCO2e/$MHafniaYear: 2024Scope 1: 2,200,393 tCO2eRevenue: $M 27,290Scope 1 Intensity: 80.63 tCO2e/$MAPSEZYear: 2025Scope 1: 150,398 tCO2eRevenue: $M 3,567Scope 1 Intensity: 42.17 tCO2e/$MLiaoning PortYear: 2024Scope 1: 176,312 tCO2eRevenue: $M 1,516Scope 1 Intensity: 116.27 tCO2e/$MHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$MWan Hai LinesYear: 2024Scope 1: 4,471,249 tCO2eRevenue: $M 4,939Scope 1 Intensity: 905.30 tCO2e/$MBahriYear: 2024Scope 1: 2,676,520 tCO2eRevenue: $M 2,525Scope 1 Intensity: 1,060.15 tCO2e/$MMISCYear: 2024Scope 1: 3,800,082 tCO2eRevenue: $M 2,960Scope 1 Intensity: 1,283.63 tCO2e/$MQingdao Port InternationalYear: 2024Scope 1: 134,823 tCO2eRevenue: $M 2,595Scope 1 Intensity: 51.95 tCO2e/$MChina Merchants Port GroupYear: 2024Scope 1: 103,992 tCO2eRevenue: $M 2,210Scope 1 Intensity: 47.05 tCO2e/$MChina Merchants Port HoldingsYear: 2024Scope 1: 63,676 tCO2eRevenue: $M 1,525Scope 1 Intensity: 41.76 tCO2e/$MSITC International HoldingsYear: 2024Scope 1: 1,701,433 tCO2eRevenue: $M 3,058Scope 1 Intensity: 556.38 tCO2e/$MKirbyYear: 2024Scope 1: 757,500 tCO2eRevenue: $M 3,266Scope 1 Intensity: 231.94 tCO2e/$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 tCO₂e per millions USD. Compared to the peer group median of 181.46, 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 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Matson is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Matson's Total Carbon Footprint

In 2024, Matson reported a total carbon footprint of 2,294,000 metric tons of CO₂ equivalent (tCO₂e) 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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