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 25 is higher than 96% 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 10,055,247,000 kg CO2e from Scope 1, 41,405,000 kg CO2e from Scope 2, and 3,912,372,000 kg CO2e from Scope 3 emissions. This reflects a significant commitment to transparency in their emissions reporting across all three scopes. Comparatively, in 2021, MOL's total emissions were about 12,603,384,000 kg CO2e, with Scope 1 emissions at 10,112,053,000 kg CO2e, Scope 2 at 39,018,000 kg CO2e, and Scope 3 at 3,187,594,000 kg CO2e. This indicates a reduction in total emissions over the two-year period, showcasing MOL's ongoing efforts to decrease their carbon footprint. MOL has not publicly committed to specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. However, the company continues to engage in various sustainability initiatives aimed at reducing emissions and enhancing operational efficiency. The shipping industry is under increasing pressure to address climate change, and MOL's emissions data reflects a proactive approach to managing their environmental impact.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 20,073,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 2,200,000,000 | 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 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 50,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 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.
