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Public Profile
Financial Intermediation
US
updated 8 months ago

Hancock Timber Resource Group, Inc. Sustainability Profile

Company website

Hancock Timber Resource Group, Inc. (HTRG), headquartered in the United States, is a leading player in the timberland investment management industry. Founded in 1985, HTRG has established a strong presence across major operational regions, including the Pacific Northwest, the Southeast, and the Northeast. The company focuses on acquiring, managing, and optimising timberland assets, offering unique services that blend sustainable forestry practices with advanced investment strategies. HTRG's core offerings include timberland investment management, timberland acquisition, and sustainable forestry consulting, setting them apart through their commitment to environmental stewardship and long-term value creation. With a robust portfolio and a reputation for excellence, Hancock Timber Resource Group has positioned itself as a trusted partner for institutional investors seeking to diversify their portfolios with sustainable timberland investments.

DitchCarbon Score

How does Hancock Timber Resource Group, Inc.'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.

68

Industry Average

Mean score of companies in the Financial Intermediation 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.

29

Industry Benchmark

Hancock Timber Resource Group, Inc.'s score of 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

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Hancock Timber Resource Group, Inc.'s reported carbon emissions

Inherited from Manulife Financial Corporation

Hancock Timber Resource Group, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Manulife Financial Corporation, which cascades its climate commitments and performance metrics down to Hancock Timber. As part of its corporate family, Hancock Timber adheres to the climate initiatives set forth by Manulife Financial Corporation. However, specific reduction targets or achievements for Hancock Timber are not detailed in the available data. The absence of documented reduction initiatives suggests that the company may still be in the process of establishing its own climate strategy or reporting framework. In the broader context, companies in the timber and forestry sector are increasingly recognising the importance of sustainability and climate action. While Hancock Timber has not yet disclosed its own emissions or reduction targets, it is essential for organisations in this industry to align with global climate goals and adopt practices that mitigate their environmental impact.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2012201320142015201620172018201920202021202220232024
Scope 1
14,000,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
126,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
-
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
Scope 3
-
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
-
000,000,000
000,000,000
-
-
-

How Carbon Intensive is Hancock Timber Resource Group, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hancock Timber Resource Group, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hancock Timber Resource Group, Inc.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Hancock Timber Resource Group, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Hancock Timber Resource Group, Inc.'s Scope 3 Categories Breakdown

Hancock Timber Resource Group, Inc.'s Scope 3 emissions, which decreased by 38% last year and increased significantly since 2013, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Upstream Leased Assets" being the largest emissions source at 86% of Scope 3 emissions.

Top Scope 3 Categories

2021
Upstream Leased Assets
86%
Purchased Goods and Services
12%
Business Travel
<1%
Waste Generated in Operations
<1%

Hancock Timber Resource Group, Inc.'s Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Hancock Timber Resource Group, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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