Container shipper HMM receives an A- score from Carbon Disclosure Project
South Korea's No. 1 container shipper HMM Co. said Wednesday it has clinched a "leadership score" in climate change from a global sustainable management ratings agency, according to Yonhap.
Last year, HMM received an A- score from Carbon Disclosure Project (CDP) in the climate change category for its better eco-friendly management, the shipping firm said.
It is the second-highest on CDP's eight-level rating scale. A CDP score provides a snapshot of a company's disclosure and environmental performance.
In addition, it is higher than the global average of C and the mean score of B- for the maritime transportation industry, HMM said.
HMM began to participate in the CDP program in 2010. CDP scores are divided into four levels: leadership (A/A-), management (B/B-), awareness (C/C-) and disclosure (D/D-).
To earn an A score from CDP, businesses and organizations must show environmental leadership, disclosing action on climate change, deforestation or water security.
In January this year, HMM was named the best eco-friendly shipping company at the Green Shipping Summit 2024 held in Rotterdam, the Netherlands.
