HMM has announced the development of a new supply chain carbon calculator to estimate the carbon emissions generated during the transportation of cargo.
The new HMM Supply Chain Carbon Calculator is a system that can calculate the carbon emissions generated by various modes of transportation, including ships, rail, and trucks, from the origin to the destination of cargo.
HMM built about 1.2 million DBs to precisely measure transportation distances and calculated emission factors using data from the Global Logistics Emissions Council (GLEC) and Clean Cargo (CC), two of the most internationally recognized organizations in the field of greenhouse gas emissions.
In particular, the maritime emissions factor utilizes data from HMM's eco-friendly ships, while also incorporating data from global shipping lines to ensure efficiency and credibility.
Through HMM's supply chain carbon calculator, shippers can calculate the estimated carbon emissions generated in the process of transporting cargo and indicate it on the bill of lading (B/L) in advance, and can obtain a separate certificate for the emissions calculated based on actual transportation data.
Recently, the most important issue related to ESG management around the world is carbon emission reduction. Companies are increasingly required to report on their direct and indirect scope 1 and 2 emissions, as well as scope 3 emissions that occur outside of their sphere of influence, such as raw material production, product transportation, and product use.
The data provided by HMM's Supply Chain Carbon Calculator will be utilized to report Scope 3 emissions for companies seeking to go green.
HMM is also launching a new Green Sailing Service. This service trades carbon reductions directly attributable to HMM's vessel operations through the purchase and use of low-carbon fuel, thereby reducing the Scope 3 emissions of shippers and related companies.
HMM has been actively engaged in carbon reduction, halving its carbon emissions per Twenty-Feet Equivalent Units (TEU) over the past decade.
"As shippers increasingly demand eco-friendly services, managing carbon emissions is becoming increasingly important," said an official from HMM. "We will continue to invest in research and development and carbon neutrality."
