Hoegh Lng
Hoegh LNG Holdings Ltd., commonly referred to as Hoegh LNG, is a leading player in the global liquefied natural gas (LNG) industry, headquartered in Norway. Founded in 2006, the company has established a strong presence in key operational regions, including Europe, Asia, and North America, focusing on the transportation and regasification of LNG. Specialising in floating storage and regasification units (FSRUs) and LNG carriers, Hoegh LNG is recognised for its innovative solutions that enhance the efficiency and flexibility of LNG supply chains. The company has achieved significant milestones, including the successful delivery of multiple FSRUs, solidifying its market position as a trusted provider in the energy sector. With a commitment to sustainability and operational excellence, Hoegh LNG continues to play a pivotal role in the transition to cleaner energy sources.
DitchCarbon Score
How does Hoegh Lng'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
Hoegh Lng's score of 12 is lower 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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Hoegh Lng's reported carbon emissions
In 2022, Hoegh LNG reported total carbon emissions of approximately 818,023,000 kg CO2e, comprising 813,461,000 kg CO2e from Scope 1, 562,000 kg CO2e from Scope 2, and 4,764,000 kg CO2e from Scope 3 emissions. This marked a decrease in Scope 1 emissions from 962,022,000 kg CO2e in 2021 and 930,505,000 kg CO2e in 2020, indicating a positive trend towards reducing their carbon footprint. Despite these reductions, Hoegh LNG has not set specific science-based targets or formal climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The company has disclosed emissions data for all three scopes, demonstrating transparency in their reporting practices. The emissions data is not cascaded from any parent organization, and all figures are sourced directly from Hoegh LNG's sustainability reports. The company continues to explore ways to enhance its sustainability efforts within the LNG industry, which is increasingly focused on reducing greenhouse gas emissions and improving environmental performance.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 930,505,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 230,500 | 00,000 | 000,000 |
| Scope 3 | 368,000 | 000,000 | 0,000,000 |
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.
Hoegh Lng 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.
