Hmm
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.
DitchCarbon Score
How does Hmm'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
Hmm's score of 35 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hmm's reported carbon emissions
In 2023, HMM reported total carbon emissions of approximately 7,654,768,000 kg CO2e, with significant contributions from Scope 1 emissions at about 5,456,615,000 kg CO2e, primarily from mobile combustion. Scope 2 emissions from purchased electricity were around 16,343,000 kg CO2e, while Scope 3 emissions totalled approximately 2,181,000,000 kg CO2e, encompassing various categories such as upstream and downstream leased assets and fuel-related activities. HMM has set ambitious climate commitments, aiming for a 21.5% reduction in Scope 1 and Scope 2 emissions by 2030 compared to business-as-usual (BAU) levels. Furthermore, the company has advanced its goal to achieve net-zero emissions by 2045, five years ahead of the International Maritime Organization's target of 2050. These initiatives reflect HMM's commitment to addressing climate change and reducing its carbon footprint across all scopes of emissions.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,705,401,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 25,754,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000 | 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.
Hmm 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.
