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 15 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Mitsui O.S.K. Lines (MOL) reported total carbon emissions of approximately 10,086,254,000 kg CO2e, comprising 10,086,254,000 kg CO2e from Scope 1, 13,300,000,000 kg CO2e from Scope 2, and 3,224,584,000 kg CO2e from Scope 3 emissions. This marked a significant reduction from previous years, with total emissions decreasing from about 12,603,384,000 kg CO2e in 2021 and 14,309,091,000 kg CO2e in 2019. MOL has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has not reported any significant climate pledges or Science Based Targets Initiative (SBTi) commitments. The absence of emissions data for 2023 suggests ongoing efforts to enhance transparency and accountability in their climate commitments. Overall, MOL's emissions profile reflects a trend of decreasing emissions over the years, indicating a potential alignment with global climate goals, despite the lack of formalised reduction targets.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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 | 00,000,000,000 |
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 |
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.