Mitsui O.S.K. Lines, Ltd. (MOL) is a prominent player in the sea and coastal water transportation services industry, headquartered in Tokyo, Japan. Established in 1884, MOL has evolved into a global leader, providing a diverse range of shipping solutions, including container shipping, bulk shipping, and ferry services.
With a strong operational presence across Asia, Europe, and the Americas, MOL is renowned for its commitment to safety, environmental sustainability, and innovative logistics solutions. The company has achieved significant milestones, including the introduction of eco-friendly vessels that reduce carbon emissions.
MOL's unique offerings, such as its advanced fleet management and integrated supply chain services, position it as a trusted partner in the maritime industry. With a solid market position, MOL continues to set benchmarks in operational excellence and customer satisfaction.
+18 vs industry average
MOL (Mitsui O.S.K. Lines)’s score of 26 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Maritime Transport is among the most carbon-intensive industries
Industry performance
The Maritime Transport industry has increased its overall emissions by 30% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
MOL (Mitsui O.S.K. Lines)'s reported carbon emissions
**MOL (Mitsui O.S.K. Lines) Carbon Emissions and Climate Commitments** Mitsui O.S.K. Lines (MOL), a key player in sea and coastal water transportation services headquartered in Japan, is actively engaged in reducing its environmental impact. For the reporting year 2024, MOL reported a total of approximately 18.86 billion kg CO2e in emissions. This figure is comprised of Scope 1 emissions totalling about 10.43 billion kg CO2e, Scope 2 emissions of approximately 19 million kg CO2e, and Scope 3 emissions amounting to roughly 8.41 billion kg CO2e. Looking at recent historical data, MOL's total emissions were approximately 18.86 billion kg CO2e in 2024, down from about 19.9 billion kg CO2e in 2023 and 18.78 billion kg CO2e in 2022. Scope 1 emissions have remained a significant contributor, with figures around 10.43 billion kg CO2e in 2024, 10.78 billion kg CO2e in 2023, and 10.86 billion kg CO2e in 2022. Scope 3 emissions also show fluctuations, standing at approximately 8.41 billion kg CO2e in 2024, 7.52 billion kg CO2e in 2023, and 7.34 billion kg CO2e in 2022. MOL has set ambitious climate targets. The company aims to achieve net zero GHG emissions for the entire Group by 2050, covering all scopes (Scope 1, 2, and 3) for MOL and its consolidated subsidiaries. Furthermore, MOL is committed to reducing its GHG emissions intensity by 45% against a 2019 baseline by 2035. This intensity reduction target encompasses Scope 1 and a portion of Scope 3 emissions related to international marine transport operated by the MOL Group. A short-term target is in place to reduce GHG emissions intensity by 1.4% annually, starting from 2019. MOL's commitment to environmental sustainability is further demonstrated by its reporting practices, which include data for Scope 1, 2, and 3 emissions. While the provided data does not indicate any cascading from a parent organisation, MOL independently manages its environmental performance.
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MOL (Mitsui O.S.K. Lines)’s Climate Goals (2030 & 2050)
4 goals2050
We aim to achieve net zero emissions by 2050
We aim to achieve net zero emissions by 2050.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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