MOL (Mitsui O.S.K. Lines) Sustainability Profile
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.
DitchCarbon Score
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.
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
MOL (Mitsui O.S.K. Lines)'s score of 33 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MOL (Mitsui O.S.K. Lines)'s reported carbon emissions
In 2024, Mitsui O.S.K. Lines (MOL) reported total carbon emissions of approximately 18.9 billion kg CO2e. This figure includes about 10.4 billion kg CO2e from Scope 1 emissions, approximately 18.9 million kg CO2e from Scope 2 emissions, and around 8.4 billion kg CO2e from Scope 3 emissions. MOL has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. This long-term target reflects the company's dedication to reducing its carbon footprint and addressing climate change. The company has been actively working towards these goals since 2023, demonstrating a proactive approach to sustainability. Over the past few years, MOL's emissions have fluctuated, with a notable decrease from approximately 13.2 billion kg CO2e in 2021 to the current total in 2024. This reduction indicates progress in their efforts to enhance operational efficiency and implement greener technologies. MOL's emissions data is sourced directly from Mitsui O.S.K. Lines, Ltd., with no cascaded data from parent or related organizations. The company continues to focus on transparency and accountability in its environmental impact reporting.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 19,053,000,000 | 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 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 52,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 10,900,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - | 0,000,000,000 | - | 0,000,000,000 | - | - | 0,000,000,000 |
How Carbon Intensive is MOL (Mitsui O.S.K. Lines)'s Industry?
How Carbon Intensive is MOL (Mitsui O.S.K. Lines)'s Location?
MOL (Mitsui O.S.K. Lines)'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.
MOL (Mitsui O.S.K. Lines) 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.
