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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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Matson were 1,040,900 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
In 2024, Matson reported Scope 2 greenhouse gas (GHG) emissions of 16,200 tCOâ‚‚e using the location-based method.a
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
In 2024, Matson reported its Scope 2 emissions using the location-based method.a
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
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
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.
In 2024, the largest contributors to Matson's Scope 3 emissions were:a
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
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
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
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