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Public Profile
Maritime Transport
NO
updated 2 days ago

HÖEgh Lng As

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.

23

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.

9

Industry Benchmark

HÖEgh Lng As's score of 23 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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HÖEgh Lng As's reported carbon emissions

In 2023, HÖEgh Lng As reported total carbon emissions of approximately 1,565,155,000 kg CO2e. This figure includes Scope 1 emissions of about 1,331,340,000 kg CO2e, Scope 2 emissions of approximately 486,000 kg CO2e (market-based), and Scope 3 emissions totalling around 329,320,000 kg CO2e from capital goods, 3,300,000 kg CO2e from business travel, 94,521,000 kg CO2e from purchased goods and services, and 230,290,000 kg CO2e from fuel and energy-related activities. In 2022, the company recorded total emissions of about 813,461,000 kg CO2e for Scope 1, 562,000 kg CO2e for Scope 2, and 4,764,000 kg CO2e for Scope 3. The 2021 emissions were approximately 962,022,000 kg CO2e for Scope 1, 82,000 kg CO2e for Scope 2, and 402,000 kg CO2e for Scope 3. In 2020, emissions were significantly higher, with Scope 1 at about 9,305,050,000 kg CO2e, Scope 2 at 230,500 kg CO2e, and Scope 3 at 368,000 kg CO2e. HÖEgh Lng As has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company is a current subsidiary of HÖEgh Lng As, and all emissions data is sourced directly from their reporting. The absence of SBTi or other reduction targets indicates a need for further commitment to climate action within the industry context.

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2020202120222023
Scope 1
9,305,050,000
000,000,000
000,000,000
0,000,000,000
Scope 2
230,500
00,000
000,000
000,000
Scope 3
368,000
000,000
0,000,000
000,000,000

Industry emissions intensity

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.

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

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.

HÖEgh Lng As 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.

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

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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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