"Calculation of Carbon Emissions for Entire Cargo Transport Route"…HMM Develops In-House System

Carbon Emission Reduction Trading Service Also Launched

HMM has established a system capable of calculating carbon emissions generated throughout the entire cargo transportation process.

On the 3rd, HMM announced the development of a new "Supply Chain Carbon Calculator." This system can calculate carbon emissions produced by various modes of transportation, including ships, railroads, and trucks, from the cargo's point of origin to its destination.

HMM built a database of approximately 1.2 million records to precisely measure transportation distances and calculated emission factors using data from the Global Logistics Emissions Council (GLEC) and Clean Cargo (CC). In particular, the maritime emission factors actively incorporate HMM's eco-friendly vessel data and also reflect figures from overseas shipping companies to enhance efficiency and credibility.

Through this system, shippers can calculate the expected carbon emissions generated during the transportation process and pre-print them on the Bill of Lading (B/L). Emission amounts calculated based on actual transportation data can also be issued as separate certificates.

As companies are increasingly required to report not only direct and indirect carbon emissions (Scope 1 and 2) but also emissions occurring outside their influence, such as raw material production, product transportation, and product usage (Scope 3), HMM expects this system to be utilized by companies pursuing eco-friendly management.

Additionally, HMM has launched the "Green Sailing Service." This service involves purchasing and using low-carbon fuels and trading the carbon reduction achieved directly through vessel operations. Through this, shippers and related companies can reduce their Scope 3 carbon emissions.

An HMM representative stated, "As shippers' demand for eco-friendly services increases, the importance of managing carbon emissions is growing," adding, "We will continue research, development, and investment toward carbon neutrality."

This content was produced with the assistance of AI translation services.