Hoegh Lng
Hoegh LNG Holdings Ltd., commonly referred to as Hoegh LNG, is a leading player in the global liquefied natural gas (LNG) industry, headquartered in Norway. Founded in 2006, the company has established a strong presence in key operational regions, including Europe, Asia, and North America, focusing on the transportation and regasification of LNG. Specialising in floating storage and regasification units (FSRUs) and LNG carriers, Hoegh LNG is recognised for its innovative solutions that enhance the efficiency and flexibility of LNG supply chains. The company has achieved significant milestones, including the successful delivery of multiple FSRUs, solidifying its market position as a trusted provider in the energy sector. With a commitment to sustainability and operational excellence, Hoegh LNG continues to play a pivotal role in the transition to cleaner energy sources.
DitchCarbon Score
How does Hoegh Lng'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
Hoegh Lng'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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Hoegh Lng's reported carbon emissions
In 2023, Hoegh LNG reported total carbon emissions of approximately 1,565,155,000 kg CO2e. This figure includes Scope 1 emissions of about 1,331,340,000 kg CO2e, Scope 2 emissions of approximately 486,000 kg CO2e (market-based), and Scope 3 emissions of around 233,029,000 kg CO2e, which encompasses business travel and fuel and energy-related activities. Comparatively, in 2022, the company recorded total emissions of about 1,540,419,000 kg CO2e, with Scope 1 emissions at approximately 1,198,413,000 kg CO2e, Scope 2 emissions of about 511,000 kg CO2e (market-based), and Scope 3 emissions totalling around 210,526,000 kg CO2e. In 2021, Hoegh LNG's total emissions were approximately 1,435,025,000 kg CO2e, with Scope 1 emissions of about 1,103,090,000 kg CO2e, Scope 2 emissions at approximately 590,000 kg CO2e (market-based), and Scope 3 emissions of around 198,374,000 kg CO2e. Despite these figures, Hoegh LNG has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded any emissions data from a parent organisation, indicating that all reported figures are directly from Hoegh LNG. Overall, Hoegh LNG's emissions data reflects a significant carbon footprint, with a need for strategic initiatives to address climate impact effectively.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 930,505,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 230,500 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 368,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Hoegh Lng is not participating in any of the initiatives that 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.
