MOL (Mitsui O.S.K. Lines)
Mitsui O.S.K. Lines, Ltd. (MOL) is a leading Japanese shipping company headquartered in Tokyo, Japan. Established in 1884, MOL has evolved into a global powerhouse in the maritime industry, with a strong presence in Asia, Europe, and the Americas. The company operates across various sectors, including container shipping, bulk shipping, and logistics services, making it a versatile player in the market. MOL is renowned for its commitment to innovation and sustainability, offering a diverse range of services such as car carrier transportation and liquefied natural gas (LNG) shipping. With a focus on safety and environmental stewardship, MOL has achieved significant milestones, including the introduction of eco-friendly vessels. As a prominent entity in the shipping industry, MOL continues to enhance its market position through strategic partnerships and cutting-edge technology.
DitchCarbon Score
How does MOL (Mitsui O.S.K. Lines)'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Maritime Transport industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
MOL (Mitsui O.S.K. Lines)'s score of 28 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MOL (Mitsui O.S.K. Lines)'s reported carbon emissions
In 2023, Mitsui O.S.K. Lines (MOL), headquartered in Japan, reported total carbon emissions of approximately 13,985,723,000 kg CO2e. This figure includes 10,055,000 kg CO2e from Scope 1 emissions, 18,000 kg CO2e from Scope 2 emissions, and 3,912,372,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions are primarily driven by fuel and energy-related activities, which account for about 2,187,031,000 kg CO2e. MOL has set ambitious climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. This long-term target was established in 2023, reflecting the company's commitment to sustainability and reducing its carbon footprint. In comparison, the previous year's emissions in 2022 were approximately 13,330,321,000 kg CO2e, indicating a slight increase in total emissions year-on-year. The company continues to disclose emissions data across all relevant scopes, demonstrating transparency in its environmental impact reporting. MOL's initiatives and targets align with industry standards, showcasing its dedication to addressing climate change and contributing to a more sustainable future.
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| 2012 | 2013 | 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 19,053,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000 |
| Scope 2 | 52,000,000 | 00,000,000 | 00,000,000 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 |
| Scope 3 | 10,900,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
MOL (Mitsui O.S.K. Lines) is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
