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.
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.
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.
Hawaiian Electric Industries's score of 23 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hawaiian Electric Industries reported total carbon emissions of approximately 4,418,695,000 kg CO2e, with Scope 1 emissions accounting for 4,418,695,000 kg CO2e and Scope 3 emissions at about 2,229,711,000 kg CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The emissions intensity for Hawaiian Electric's owned generation was reported at approximately 825 kg CO2e per net MWh in 2023. This reflects a broader trend in the industry towards decarbonisation, although Hawaiian Electric has not specified any formal climate pledges or targets under frameworks such as the Science Based Targets initiative (SBTi). Overall, Hawaiian Electric Industries is actively monitoring its emissions and is part of the ongoing efforts within the energy sector to address climate change, despite the absence of detailed reduction commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
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 | 00,000,000 |
Scope 2 | - | - | 00,000 | 00,000 | - | - | - |
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 | 000,000 |
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.