HÖEgh Lng As Sustainability Profile
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.
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
HÖEgh Lng As's score of 17 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HÖEgh Lng As's reported carbon emissions
In 2022, HÖEgh Lng As reported total carbon emissions of approximately 813,461,000 kg CO2e for Scope 1, 562,000 kg CO2e for Scope 2, and 4,764,000 kg CO2e for Scope 3 emissions. This reflects a significant reduction in Scope 1 emissions compared to 2021, where emissions were about 962,022,000 kg CO2e, and a notable increase in Scope 3 emissions from 402,000 kg CO2e in 2021. Scope 2 emissions also decreased from 82,000 kg CO2e in 2021. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. Additionally, there are no climate pledges or SBTi (Science Based Targets initiative) targets reported. HÖEgh Lng As operates as a current subsidiary, and its emissions data is cascaded from its parent organization, reflecting its corporate family relationship. Overall, while HÖEgh Lng As has made strides in reducing its Scope 1 emissions, the lack of formal reduction targets or climate pledges indicates an area for potential improvement in its climate strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| 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 |
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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.
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