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Home News HMM earns 'A-' environmental rating from CDP

HMM earns ‘A-‘ environmental rating from CDP

HMM has been honoured for its commitment to sustainability and transparency in addressing climate change by the global environmental organization CDP, achieving an ‘A-’ rating.

This marks a notable improvement from the ‘B’ rating received in 2022. The company's achievement of an 'A-' score in 2023 places it among the top 19% of companies in the marine transport sector, surpassing the Asia regional average of 'C' and the sector average of 'B-'.

Specifically, HMM excelled in scope 1&2 emissions, business strategy, financial planning, and scenario analysis, earning an 'A' rating, the highest in the Leadership category. Additionally, HMM was recently awarded the 'Best Green Shipping Line' at the 8th Green Shipping Summit held in Rotterdam, The Netherlands.

CDP Score – Climate Change 2023

HMM Co., LTD

Average Performance

Marine Transport

Asia

Global Average

A-

B-

C

C

 CDP score levels : Leadership(A,A-)→Management(B,B-)→Awareness(C,C-)→Disclosure(D,D-)

According to the statement, HMM's dedication to sustainability is further evidenced by the introduction of initiatives such as the Supply Chain Carbon Calculator and proactive measures to incorporate marine biofuels into its operations.

Established in 2016, the Green Shipping Summit aims to accelerate the decarbonization of the maritime industry and foster a collaborative approach to sustainability within the shipping sector.

"We have strived to find a way to go green and have made meaningful progress toward a net-zero future. As part of our efforts, we have ordered new ships powered by green fuels and are exploring various alternative energy sources. We will continue to be more transparent and accountable for climate issues," stated an HMM official. 





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