Rating From CDP For Environmental Leadership

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HMM, a global shipping company, has been lauded for its commitment to sustainability and transparency regarding climate change by CDP, an international environmental non-profit, achieving an impressive ‘A-’ score, says an article published on hmm21 website.

Summary

  • HMM, a global shipping company, has been recognized by CDP, an international environmental non-profit, for its commitment to sustainability and transparency, achieving an impressive ‘A-’ score.
  • This is a significant improvement from the ‘B’ score received in 2022, positioning HMM among the top 19% of companies in the marine transport sector.
  • HMM excelled in several areas, particularly securing an ‘A’ score in scope 1&2 emissions, business strategy, financial planning, and scenario analysis category.
  • HMM was honored with the ‘Best Green Shipping Line’ award at the 8th Green Shipping Summit held in Rotterdam, The Netherlands.
  • HMM’s dedication to sustainability was underscored by its introduction of the Supply Chain Carbon Calculator and proactive adoption of marine biofuels.

Advancement In Ratings

This marks a significant improvement from the ‘B’ score received in 2022. HMM’s attainment of an ‘A-’ score in 2023 positions it among the top 19% of companies in the marine transport sector, surpassing both the Asia regional average of C and the marine transport sector average of B-.

Notable Achievements

HMM excelled in several areas, particularly securing an ‘A’ score, the highest in the Leadership band, in scope 1&2 emissions, business strategy, financial planning, and scenario analysis category.

Recognition At Green Shipping Summit

Further validating its commitment to sustainability, HMM was honored with the prestigious ‘Best Green Shipping Line’ award at the 8th Green Shipping Summit held in Rotterdam, The Netherlands.

Commendable Initiatives

HMM’s dedication to sustainability was underscored by its introduction of the Supply Chain Carbon Calculator and proactive adoption of marine biofuels. These initiatives highlight the company’s proactive stance towards reducing environmental impact.

Purpose Of Green Shipping Summit

The Green Shipping Summit, established in 2016, serves as a catalyst for the maritime industry’s decarbonization efforts. It fosters collaboration and sets forth a sustainability roadmap aimed at steering the shipping sector towards a greener future.

Statement From HMM Official

An official from HMM emphasized the company’s commitment to environmental stewardship, highlighting ongoing efforts such as the procurement of new ships powered by green fuels and exploration of alternative energy sources. The official reiterated HMM’s pledge to transparency and accountability in addressing climate-related challenges.

Conclusion

HMM’s achievement of an ‘A-’ rating from CDP, coupled with its recognition at the Green Shipping Summit, underscores the company’s leadership in promoting sustainability within the maritime industry. By embracing innovative solutions and fostering collaboration, HMM continues to pave the way towards a more environmentally conscious and sustainable future for global shipping.

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Source: hmm21