Hawaiian Electric Sustainability Profile
Hawaiian Electric Industries, Inc., commonly known as Hawaiian Electric, is a leading utility company headquartered in the United States, specifically in Honolulu, Hawaii. Established in 1891, it has played a pivotal role in providing reliable electricity to the islands of Oahu, Maui, and Hawaii Island. Operating within the energy sector, Hawaiian Electric focuses on generating, transmitting, and distributing electricity, with a strong commitment to renewable energy integration. The company has made significant strides in sustainability, aiming for a 100% renewable energy portfolio by 2045, which sets it apart in the industry. Recognised for its innovative approach, Hawaiian Electric has achieved notable milestones, including the implementation of advanced smart grid technologies. Its market position is strengthened by a dedication to community engagement and environmental stewardship, making it a key player in Hawaii's energy landscape.
DitchCarbon Score
How does Hawaiian Electric'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 Electrical Machinery Manufacturing 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
Hawaiian Electric's score of 42 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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Hawaiian Electric's reported carbon emissions
In 2024, Hawaiian Electric reported total carbon emissions of approximately 3,761,000 kg CO2e, with emissions categorised under Scope 1 and Scope 3. The Scope 1 emissions, which include direct emissions from owned or controlled sources, amounted to about 3,761,000 kg CO2e, with mobile combustion contributing approximately 1,360,000 kg CO2e. For Scope 3 emissions, which encompass indirect emissions from the value chain, the company reported significant figures: approximately 1,897,000 kg CO2e from capital goods, 93,000 kg CO2e from end-of-life treatment of sold products, 346,000 kg CO2e from upstream transportation and distribution, and 137,000 kg CO2e from downstream transportation and distribution. Hawaiian Electric has not disclosed specific reduction targets or initiatives in their climate commitments, nor do they appear to have set Science-Based Targets Initiative (SBTi) targets. The emissions data is cascaded from their parent company, Hawaiian Electric Industries, Inc., indicating a corporate family relationship that influences their reporting and climate strategies. Overall, Hawaiian Electric's emissions profile reflects a commitment to transparency, although further details on reduction initiatives and specific climate pledges are currently unavailable.
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| 2024 | |
|---|---|
| Scope 1 | 3,761,000 |
| Scope 2 | - |
| Scope 3 | 2,473,000 |
How Carbon Intensive is Hawaiian Electric's Industry?
How Carbon Intensive is Hawaiian Electric's Location?
Hawaiian Electric's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Capital Goods" being the largest emissions source at 77% of Scope 3 emissions.
Top Scope 3 Categories
Hawaiian Electric'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.
Hawaiian Electric 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.
