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Maritime Transport
NO
updated 22 days ago

HÖEgh Lng As Sustainability Profile

Company website

Höegh LNG AS, a leading player in the global liquefied natural gas (LNG) sector, is headquartered in Norway. Founded in 2006, the company has established itself as a pioneer in the development and operation of floating storage and regasification units (FSRUs), significantly enhancing the flexibility of LNG supply chains. With a strong operational presence in key markets across Europe, Asia, and the Americas, Höegh LNG offers innovative solutions that cater to the growing demand for cleaner energy. Their core services include the leasing of FSRUs and the provision of LNG transportation, distinguished by their commitment to safety and environmental sustainability. Recognised for their strategic partnerships and advanced technology, Höegh LNG has solidified its position as a trusted provider in the LNG industry, contributing to the transition towards a more sustainable energy future.

DitchCarbon Score

How does HÖEgh Lng As'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.

17

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.

8

Industry Benchmark

HÖEgh Lng As's score of 17 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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HÖEgh Lng As's reported carbon emissions

In 2022, HÖEgh Lng As reported total carbon emissions of approximately 818,023,000 kg CO2e for Scope 1, 562,000 kg CO2e for Scope 2, and 4,764,000 kg CO2e for Scope 3. This reflects a significant reduction in emissions compared to 2021, where Scope 1 emissions were about 962,022,000 kg CO2e, Scope 2 emissions were 82,000 kg CO2e, and Scope 3 emissions were 402,000 kg CO2e. The 2020 figures were even higher, with Scope 1 emissions reaching approximately 9,305,050,000 kg CO2e. Despite these reductions, HÖEgh Lng As has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The company operates as a current subsidiary and does not inherit emissions data from a parent organization. Overall, HÖEgh Lng As is actively disclosing its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact, although further commitments to reduction targets would enhance its sustainability profile.

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202020212022
Scope 1
9,305,050,000
000,000,000
000,000,000
Scope 2
230,500
00,000
000,000
Scope 3
368,000
000,000
0,000,000

How Carbon Intensive is HÖEgh Lng As's Industry?

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

How Carbon Intensive is HÖEgh Lng As's Location?

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. This request for HÖEgh Lng As is in NO, which has a very low grid carbon intensity relative to other regions.

HÖEgh Lng As's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

HÖEgh Lng As has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare HÖEgh Lng As's Emissions with Industry Peers

Bw Lpg

SG
•
Sea and coastal water transportation services
Updated 11 days ago

Maran Gas Maritime Inc.

GR
Updated about 2 months ago

Overseas Shipholding Group, Inc.

US
•
Sea and coastal water transportation services
Updated 29 days ago

Gaslog

GR
•
Sea and coastal water transportation services
Updated 11 days ago

Bp

GB
•
Machinery and equipment n.e.c. (29)
Updated 3 days ago

Cheniere Energy

US
•
Gas/Diesel Oil
Updated 1 day ago

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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

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