Höegh Autoliners ASA

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Höegh Autoliners ASA disclosed greenhouse gas emissions of 1.4M tCO2e/year (Scope 1 2 market-based and 3). By scope: Scope 1: 1.1M tCO2e/year; Scope 2: 590 tCO2e/year (market-based); Scope 3: 331.3K tCO2e/year (estimated). 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
1.4M tCO2e/year (Scope 1 2 market-based and 3)
2023
⚡
Renewable Energy
2% of total energy use (biofuel)
of total energy
♻️
Waste
12.6K m3/year
2023
⚙️
Energy Use
15.2K GJ/year
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 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.590 tCO2e/year (market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).331.3K tCO2e/year (estimated)

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Zero casualties (2024 and 2025)
  • Zero oil spills (2024 and 2025)
  • Newbuildings delivered with 100% LED lights (2024)
  • 5% reduction in plastic generation (2024)

📅 Medium-term

  • Reduce carbon intensity by more than 30% from 2019 levels by 2030
  • Run at least 5% of deep sea operations on green ammonia or methanol by 2030

🔭 Long-term

  • Reach net-zero emissions by 2040

🌱 ESG Focus Areas

Climate changeOwn workforceBusiness conductPollutionResource use and circular economyBiodiversity and ecosystemsWorkers in the value chain

⚠️ Challenges & Risks +

  • Supply chain disruptions due to extreme weather (Panama Canal drought)
  • Temporary rerouting of Red Sea transits due to risk level
  • Availability and cost of alternative fuels
  • Meeting decarbonisation expectations of stakeholders
  • Technology risks related to fuel technology for fleet transition
  • Commercial availability and economic viability of green fuels
  • Customer willingness to participate in green transition
  • Potential physical risks from increased frequency of flooding and droughts
  • Tougher weather conditions impacting seafarer health and safety
  • Potential political instability impacting operations

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, GHG Protocol, SASB Maritime standard, EU Taxonomy, TCFD
Assurance: PwC (Scope 1 and 2 emissions)