Mitsui O.S.K. Lines, Ltd. (MOL) is a leading Japanese shipping company headquartered in Tokyo, Japan. Established in 1884, MOL has evolved into a global powerhouse in the maritime industry, with a strong presence in Asia, Europe, and the Americas. The company operates across various sectors, including container shipping, bulk shipping, and logistics services, making it a versatile player in the market. MOL is renowned for its commitment to innovation and sustainability, offering a diverse range of services such as car carrier transportation and liquefied natural gas (LNG) shipping. With a focus on safety and environmental stewardship, MOL has achieved significant milestones, including the introduction of eco-friendly vessels. As a prominent entity in the shipping industry, MOL continues to enhance its market position through strategic partnerships and cutting-edge technology.
How does MOL (Mitsui O.S.K. Lines)'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.
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.
MOL (Mitsui O.S.K. Lines)'s score of 23 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mitsui O.S.K. Lines (MOL), headquartered in Japan, reported total carbon emissions of approximately 10,055,247,000 kg CO2e. This figure includes Scope 1 emissions of about 10,055,247,000 kg CO2e, Scope 2 emissions of approximately 41,405,000 kg CO2e, and Scope 3 emissions of around 3,912,372,000 kg CO2e. MOL has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has been actively monitoring its emissions across all three scopes, indicating a comprehensive approach to climate accountability. Over the years, MOL has shown fluctuations in emissions, with a notable decrease in Scope 1 emissions from about 11,136,501,000 kg CO2e in 2019 to the current figure in 2023. This trend suggests ongoing efforts to enhance operational efficiency and reduce greenhouse gas emissions. MOL's climate commitments align with industry standards, reflecting a growing recognition of the need for sustainable practices in maritime operations. As the company continues to navigate the challenges of climate change, its focus on emissions transparency and potential future initiatives will be crucial in achieving long-term sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 20,073,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 2,200,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 50,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
MOL (Mitsui O.S.K. Lines) 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.