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Home > All news > HMM achieves ‘A-’ rating by CDP for its Environmental Leadership

HMM achieves ‘A-’ rating by CDP for its Environmental Leadership

February 22, 2024
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HMM’s 24,000TEU containership HMM St.Petersburg

Seoul - HMM has been recognized for its sustainable practices and corporate transparency on climate change by the international environmental non-profit CDP, securing an ‘A-’ score.

This is an improvement compared to the ‘B’ score received in 2022. With the A- score in 2023, HMM stands amongst 19% of companies that reached the Leadership level in the marine transport sector. This performance surpasses the Asia regional average of C and the marine transport sector average of B-.

In particular, HMM achieved an ‘A’ score, the highest in the Leadership band, in scope 1&2 emissions, business strategy, financial planning and scenario analysis category.

Meanwhile, HMM won the ‘Best Green Shipping Line’ this month at the 8th Green Shipping Summit held in Rotterdam, The Netherlands.

HMM was commended for its efforts toward sustainability in operations by launching the Supply Chain Carbon Calculator and implementing a proactive approach for marine biofuels.

The Green Shipping Summit was established in 2016 to accelerate the decarbonization of the maritime industry and address a sustainability roadmap based on a collaborative approach in the shipping industry at large.

“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.”, said an HMM official.

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