Matson, Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019-2020

In its 2023 reporting, Matson, Inc. disclosed greenhouse gas emissions of 1.1M mt CO2e. By scope: Scope 1: 1.1M mt CO2e; Scope 2: 12.5K mt CO2e; Scope 3: 1.3M mt CO2e. 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
1.1M mt CO2e
2023
⚡
Renewable Energy
0.1%
of total energy
⚙️
Energy Use
14.3M GJ
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.1M mt CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.12.5K mt CO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.3M mt CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20231.1M mt CO2e
20221.2M tCO2e (Scope 1) + 19400 tCO2e (Scope 2) + 1609700 tCO2e (Scope 3)
20211.2M mt CO2e
20201.0M mt CO2e
2019-20201.1M mt CO2e (Scope 1) in 2019

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Scope 1 GHG fleet emissions by 40% by 2030 using a 2016 baseline

🔭 Long-term

  • Achieve net zero Scope 1 GHG fleet emissions by 2050

🌱 ESG Focus Areas

Climate changeHuman capital managementDiversity, equity and inclusionSustainability governance

⚠️ Challenges & Risks +

  • Currently, there are no zero-carbon fuels available on a commercial basis for ocean-going containerships.
  • Many alternative fuels—and the technology to deploy them—are still being developed.
  • Difficulty of measuring, controlling and influencing the assets behind Scope 3 emissions makes it difficult to set or achieve Scope 3 goals.
  • Heightened security challenges, including truck fraud and hijackings, and cargo theft on the railroads.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (2021), SASB Marine Transportation Sustainability Accounting Standard Version 2023-12, TCFD