Hoegh Autoliners

Hoegh Autoliners, headquartered in Norway and operating in sea and coastal water transportation services, reported total emissions of approximately 2.065 billion kg CO2e in 2024. This figure includes about 1.115 billion kg CO2e from Scope 1 emissions, approximately 4.131 million kg CO2e from Scope 2 emissions (market-based), and around 950.364 million kg CO2e from Scope 3 emissions.

In 2023, the company reported Scope 1 emissions of approximately 1.103 billion kg CO2e. Looking back to 2022, their Scope 1 emissions were about 1.198 billion kg CO2e, Scope 2 market-based emissions were approximately 511,000 kg CO2e, and Scope 3 emissions included capital goods at roughly 32.932 million kg CO2e, business travel at about 3.549 million kg CO2e, purchased goods and services at around 94.521 million kg CO2e, and fuel and energy-related activities at approximately 210.526 million kg CO2e. In 2021, Scope 1 emissions were approximately 1.331 billion kg CO2e, Scope 2 market-based emissions were about 486,000 kg CO2e, and Scope 3 emissions included business travel at approximately 3.3 million kg CO2e and fuel and energy-related activities at around 230.029 million kg CO2e.

Hoegh Autoliners has set ambitious climate commitments. They aim to reduce their fleet carbon intensity by more than 30% by 2030, from a 2019 baseline. Furthermore, the company is committed to achieving net-zero emissions in its vessel operations by 2040. They also have Science Based Targets initiative (SBTi) approved targets, committing to reduce Scope 1 and Scope 2 greenhouse gas emissions by 30% by 2030 from a 2018 base year, alongside measuring and reducing their Scope 3 emissions. This target aligns with reductions required to keep warming to well below 2°C.