Hawaiian Electric Industries
Hawaiian Electric Industries, Inc. (HEI) is a prominent player in the energy sector, headquartered in Honolulu, Hawaii. Founded in 1891, HEI has established itself as a leader in providing sustainable energy solutions across the Hawaiian Islands, including Oahu, Maui, and the Big Island. The company operates primarily in the electric utility industry, focusing on the generation, transmission, and distribution of electricity. HEI is renowned for its commitment to renewable energy, offering innovative services that include solar energy integration and energy efficiency programmes. With a strong emphasis on sustainability, Hawaiian Electric Industries has made significant strides in reducing carbon emissions and enhancing grid reliability. As a key contributor to Hawaii's clean energy goals, HEI continues to solidify its market position through strategic initiatives and community engagement, making it a vital force in the transition to a greener future.
DitchCarbon Score
How does Hawaiian Electric Industries'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 Electrical Machinery Manufacturing 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
Hawaiian Electric Industries's score of 37 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hawaiian Electric Industries's reported carbon emissions
In 2023, Hawaiian Electric Industries reported carbon emissions of approximately 4,418,695,000 kg CO2e from Scope 1 sources, which include direct emissions from owned or controlled sources. Additionally, Scope 3 emissions were reported at about 2,229,711,000 kg CO2e, encompassing indirect emissions from the value chain. The company has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi) guidelines. This long-term commitment covers all scopes of emissions, indicating a comprehensive approach to reducing their carbon footprint. Hawaiian Electric is actively working towards these targets, having established a commitment to reduce emissions starting from 2023. Hawaiian Electric's emissions intensity for owned generation was reported at approximately 825 kg CO2e per MWh in 2023, reflecting their ongoing efforts to improve efficiency and reduce emissions in their electricity generation processes. The company continues to focus on sustainability and resilience in its operations, contributing to broader climate action goals within the electric utilities sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,098,096,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 00,000 | 00,000 | 0,000,000 | - |
| Scope 3 | 3,872,166,000 | 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.
Hawaiian Electric Industries is committed to some reduction initiatives 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.
