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 28 is higher than 63% 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 2023, Mitsui O.S.K. Lines (MOL), headquartered in Japan, reported total carbon emissions of approximately 13,990,000,000 kg CO2e. This figure includes Scope 1 emissions of about 10,055,000,000 kg CO2e, primarily from mobile combustion, Scope 2 emissions of approximately 18,000,000 kg CO2e, and Scope 3 emissions of around 3,912,000,000 kg CO2e, with significant contributions from capital goods and fuel-related activities. MOL has set ambitious climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. This long-term target reflects the company's commitment to sustainability and aligns with global climate initiatives. The company is currently on track to meet its two- and five-year goals as part of this strategy. Over the past few years, MOL has demonstrated a commitment to reducing its carbon footprint, with total emissions decreasing from approximately 13,330,000,000 kg CO2e in 2022 and 12,603,384,000 kg CO2e in 2021. The company continues to disclose emissions data transparently, adhering to industry standards and practices.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0,000,000,000 | 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 |
| 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 | 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 Scope 3 Categories Breakdown
MOL (Mitsui O.S.K. Lines)'s Scope 3 emissions, which increased by 21% last year and decreased by approximately 64% since 2012, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 28% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 56% of Scope 3 emissions.
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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.
