- Increased decarbonization regulations for vessels and terminals (Policy and Legal Risk)
- Vessel speed reductions due to emissions reduction requirements (Market Risk)
- On-shore power events disrupting terminal operations (Physical Risk)
Matson
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, Matson disclosed greenhouse gas emissions of 1.0M mt CO2e (Scope 1 2020). By scope: Scope 1: 1.0M mt CO2e (2020); Scope 2: 812 mt CO2e (2020); Scope 3: 271.0K mt CO2e (CLX+ emissions May-Dec 2020). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.0M mt CO2e (Scope 1 2020)
2021
Energy Use
13.3M GJ (2020)
2021
📊 Emissions by Scope (2021)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.0M mt CO2e (2020) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 812 mt CO2e (2020) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 271.0K mt CO2e (CLX+ emissions May-Dec 2020) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced Scope 1 GHG emissions by 12% in 2020 compared to 2019; 23% reduction since 2016.
- Reduced total energy consumed by 21% from 2017 to 2020.
- Recycled the last of its steamships in 2021.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Recycle the last of our steamships in 2021
📅 Medium-term
- Reduce Scope 1 GHG emissions from our fleet by 40% by 2030, using a 2016 baseline
🔭 Long-term
- Achieve net zero Scope 1 GHG emissions from our fleet by 2050
🌱 ESG Focus Areas
Climate ChangeEnvironmental StewardshipCommunity EngagementGovernance