Hmm. It, also known as Hyundai Merchant Marine, is a prominent player in the global shipping and logistics industry, headquartered in South Korea (KR). Founded in 1976, the company has evolved significantly, establishing itself as a key provider of container shipping services and logistics solutions across major operational regions, including Asia, Europe, and North America.
Hmm. It offers a diverse range of services, including container shipping, logistics, and terminal operations, distinguished by its commitment to innovation and sustainability. The company has achieved notable milestones, such as expanding its fleet and enhancing its service network, positioning itself as a competitive force in the maritime sector. With a focus on customer-centric solutions and advanced technology, Hmm. It continues to strengthen its market presence and reputation for reliability in the shipping industry.
+9 vs industry average
Hmm’s score of 17 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Maritime Transport is among the most carbon-intensive industries
Industry performance
The Maritime Transport industry has increased its overall emissions by 30% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hmm's reported carbon emissions
In 2023, HMM reported total carbon emissions of approximately 7.7 billion kg CO2e, comprising 5.5 billion kg CO2e from Scope 1, 16.3 million kg CO2e from Scope 2, and about 2.2 billion kg CO2e from Scope 3 emissions. The Scope 1 emissions primarily stem from mobile combustion, accounting for approximately 5.4 billion kg CO2e. HMM has set an ambitious climate commitment to achieve 'Net Zero by 2045', which is five years ahead of the International Maritime Organization's target of 2050. This long-term goal encompasses all scopes of emissions, reflecting the company's dedication to reducing its carbon footprint and addressing climate change proactively. The emissions data is sourced directly from HMM Co., Ltd, with no cascading from a parent organization. HMM's ongoing efforts and commitments position it as a responsible player in the maritime industry, striving for significant reductions in greenhouse gas emissions.
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Hmm’s Climate Goals (2030 & 2050)
1 goal2045
we have advanced our goal to ‘Net Zero by 2045,’ which is f…
we have advanced our goal to ‘Net Zero by 2045,’ which is five years ahead of the International Maritime Organization(IMO)’s target of achi…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hmm
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