HMM Receives 2.5 out of 5 Stars on Environmental Reporting

While Maersk and all the others covered the period from January 1st to December 31st, 2019, HMM report’s only covered from January 1st to June 30th, 2019! That cannot be: a year has twelve months, not six. This is the main reason why we cannot give to HMM more than 2.5 out of 5 stars.

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It is a pity that HMM did not report for the entire 2019 because one can see from its report that it is one of the few shipping companies with the bold commitment to become carbon neutral for 2050.

HMM indeed commits to ambitious goals not only for 2030 but even more ambitious for this year: it expects to reduce CO2 emissions by 70% for 2030 compared to the levels of 2008, and by a very ambitious 60% reduction (again with 2008) for 2020.

We value that HMM has carried out a materiality assessment, joined green shipping initiatives, applied several environmental ISOs, endorsed the sustainable development goals (SDGs), and received different environmental awards. However, all of them are the new minimum in the container carrier industry in the 21st century.

Source: Gliese

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