Hoegh Lng Sustainability Profile
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 21 is higher than 57% 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 946,984,000 kg CO2e, comprising 946,984,000 kg CO2e from Scope 1, 69,250 kg CO2e from Scope 2, and about 5,774,000 kg CO2e from Scope 3 emissions. This represents an increase in Scope 1 emissions compared to 2022, where emissions were approximately 813,461,000 kg CO2e, and Scope 3 emissions were about 4,764,000 kg CO2e. The Scope 2 emissions also saw a slight increase from 70,600 kg CO2e in 2022. Hoegh LNG has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The company has not disclosed any significant climate pledges or reduction strategies, indicating a potential area for future development in their sustainability efforts. The emissions data is not cascaded from any parent organization, and all figures are directly reported by Hoegh LNG. The company is headquartered in Norway (NO) and continues to monitor its carbon footprint as part of its operational practices.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 930,505,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 00,000 | 00,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 |
How Carbon Intensive is Hoegh Lng's Industry?
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Hoegh Lng'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.
Hoegh Lng 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.
