Public Profile

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.

21

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.

5

Industry Benchmark

Hoegh Lng's score of 21 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Hoegh Lng's reported carbon emissions

In 2023, Hoegh LNG reported total carbon emissions of approximately 946,984,000 kg CO2e, comprising 946,984,000 kg CO2e from Scope 1, 69,250 kg CO2e from Scope 2, and about 5,774,165 kg CO2e from Scope 3 emissions. This represents a slight increase in Scope 1 emissions compared to 2022, where they were approximately 813,461,000 kg CO2e, while Scope 2 emissions decreased from 70,600 kg CO2e in 2022. In 2022, Hoegh LNG's total emissions were approximately 813,461,000 kg CO2e from Scope 1, 70,600 kg CO2e from Scope 2, and about 4,764,000 kg CO2e from Scope 3. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for improvement in their sustainability strategy. Overall, Hoegh LNG's emissions data highlights the ongoing challenges in reducing carbon footprints within the LNG sector, particularly in Scope 1 emissions, which are primarily associated with direct operations.

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Add to project
2020202120222023
Scope 1
930,505,000
000,000,000
000,000,000
000,000,000
Scope 2
368,000
000,000
00,000
00,000
Scope 3
9,900
0,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hoegh Lng's primary industry is Sea and coastal water transportation services, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Hoegh Lng is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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 committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers