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Environment Make a Bluer Future
Environmental Management Policies
Environmental Management Policies
HMM has established the environmental management policies and complied with the followings to deliver full-fledged environmental management.
  • 1 We identify opportunities brought by climate change, and usher in a thriving future through environmental management.
  • 2 We disclose our GHG emissions in a transparent manner, and help our customers achieve sustainable growth.
  • 3 We ensure the compliance with laws and regulations worldwide, and continuous improvement.
  • 4 We combat climate change through eco-friendly investments.
  • 5 We create an environmentally friendly and sustainable environment.
  • 6 We solidify our partnerships to raise environmental awareness and sharpen required capabilities.

Air Pollution Emission Reduction Targets and Strategies

Type of Pollutant 2030 Intensity Reduction Target1) Detailed Implementation Measure
Sulfur Oxides
(SOX) 		10% reduction
  • Install scrubbers and use low-sulfur fuels to reduce emissions
  • Introduce low-carbon vessels (dual-fuel ships) as part of the mid- to long-term strategy to achieve reductions by 2030
Nitrogen Oxides
(NOX) 		10% reduction
  • Switch fuel injection valves into a sliding type and install engine control devices to improve combustion efficiency
  • Install CSR (Selective Catalyst Reduction) equipment on selected newbuilds to significantly reduce NOx emissions
  • Introduce low-carbon vessels (dual-fuel ships) as part of the mid- to long-term strategy to achieve reductions by 2030
Particulate Matter
(PM) 		10% reduction
  • Manage ship energy consumption rates to proactively respond to PM regulations
  • Install AMP systems on newbuilds to reduce PM emissions during port stays
Non-methane volatile organic compounds
(NMVOCs) 		10% reduction
  • Achieve reductions by 2030 through the introduction of low-carbon vessels (dual-fuel ships) as part of the mid- to long-term strategy
1) Compared to 2021
Air Pollution Emission Reduction Targets and Strategies
1) Compared to 2021
Type of Pollutant 2030 Intensity Reduction Target1)
Sulfur Oxides
(SOX) 		10% reduction
Detailed Implementation Measure
  • Install scrubbers and use low-sulfur fuels to reduce emissions
  • Introduce low-carbon vessels (dual-fuel ships) as part of the mid- to long-term strategy to achieve reductions by 2030
1) Compared to 2021
Type of Pollutant 2030 Intensity Reduction Target1)
Nitrogen Oxides
(NOX) 		10% reduction
Detailed Implementation Measure
  • Switch fuel injection valves into a sliding type and install engine control devices to improve combustion efficiency
  • Install CSR (Selective Catalyst Reduction) equipment on selected newbuilds to significantly reduce NOx emissions
  • Introduce low-carbon vessels (dual-fuel ships) as part of the mid- to long-term strategy to achieve reductions by 2030
1) Compared to 2021
Type of Pollutant 2030 Intensity Reduction Target1)
PM 10% reduction
Detailed Implementation Measure
  • Manage ship energy consumption rates to proactively respond to PM regulations
  • Install AMP systems on newbuilds to reduce PM emissions during port stays
1) Compared to 2021
Type of Pollutant 2030 Intensity Reduction Target1)
Non-methane volatile organic compounds
(NMVOCs) 		10% reduction
Detailed Implementation Measure
  • Achieve reductions by 2030 through the introduction of low-carbon vessels (dual-fuel ships) as part of the mid- to long-term strategy

Key Environmental Risk and Opportunity Factors

Risk & Opportunity Factor Potential Financial Impact Current Response and
Future Plan
Category Type
Risk Physical Chronic Heightened instability in water supply
  • Increased operational instability due to declining precipitation and weakened ocean currents
  • Additional operational costs for rerouting and detouring
  • Upgrade the analysis of physical risks and set relevant metrics and targets by considering impact priorities
Increased frequency and severity of storm damage
  • Financial losses arising from container loss/damage and vessel incidents due to increases in frequency of storms and severity of damage
Acute Increased occurrence of flooding/inundation
  • Sudden rerouting and prolonged port waiting times resulting from flooding/inundation and the associated additional costs
Transition Legal Enhanced GHG and air pollution regulations
  • Additional costs for complying with enhanced mandates to reduce air pollutants (SOx, NOx, PM, etc.) and report GHG emissions
  • Establish and manage GHG/air pollution reduction strategies and reduction measures
Wider adoption of ship noise/speed regulations
  • Additional penalties imposed in line with the adoption of regulations limiting vessel noise pollution
  • Additional operational costs for longer sailing distances due to the expansion of speed-restricted zones
  • Monitor biodiversity-related regulations and establish company-wide response measures
Enhanced legislation on invasive alien species
  • Install and manage ballast water treatment systems
  • Additional costs for responding to enhanced legal responsibilities related to ballast water
Reputation Reputation damage due to passive ESG response
  • Damage to corporate reputation resulting from the discovery of deficiencies in complying with environmental and marine ecosystem regulations
  • Set key implementation tasks and goals for working-level ESG departments to enhance response measures
Oppor-tunity Business Achievement Market Cost savings from low-carbon equipment installation
  • Fuel cost savings achieved through the use of air pollutant reduction equipment (EGCS, AMP, etc.)
  • Exemption from noise pollution-related fines and reduced transit times associated with the adoption and installation of quiet ship technologies
  • Determine optimal timing and directions through the analysis of carbon-efficient equipment investments and low-carbon fuel transition based on GHG emissions reduction effects and economic feasibility
Reputation Enhanced reputation through proactive ESG engagement
  • Enhanced corporate reputation through the analysis of environmental and marine ecosystem impacts and the minimization of potential damage
  • Identify unmet environmental and biodiversity requirements within business operations and develop response measures
Key Environmental Risk and Opportunity Factors
Risk & Opportunity Category Risk Physical
Type Chronic
Factor Heightened instability in water supply
Potential Financial Impact
  • Increased operational instability due to declining precipitation and weakened ocean currents
  • Additional operational costs for rerouting and detouring
Current Response and Future Plan
  • Upgrade the analysis of physical risks and set relevant metrics and targets by considering impact priorities
Risk & Opportunity Category Risk Physical
Type Chronic
Factor Increased frequency and severity of storm damage
Potential Financial Impact
  • Financial losses arising from container loss/damage and vessel incidents due to increases in frequency of storms and severity of damage
Current Response and Future Plan
  • Upgrade the analysis of physical risks and set relevant metrics and targets by considering impact priorities
Risk & Opportunity Category Risk Physical
Type Acute
Factor Increased occurrence of flooding/inundation
Potential Financial Impact
  • Sudden rerouting and prolonged port waiting times resulting from flooding/inundation and the associated additional costs
Current Response and Future Plan
  • Upgrade the analysis of physical risks and set relevant metrics and targets by considering impact priorities
Risk & Opportunity Category Risk Transition
Type Legal
Factor Enhanced GHG and air pollution regulations
Potential Financial Impact
  • Additional costs for complying with enhanced mandates to reduce air pollutants (SOx, NOx, PM, etc.) and report GHG emissions
Current Response and Future Plan
  • Establish and manage GHG/air pollution reduction strategies and reduction measures
Risk & Opportunity Category Risk Transition
Type Legal
Factor Wider adoption of ship noise/speed regulations
Potential Financial Impact
  • Additional penalties imposed in line with the adoption of regulations limiting vessel noise pollution
  • Additional operational costs for longer sailing distances due to the expansion of speed-restricted zones
Current Response and Future Plan
  • Monitor biodiversity-related regulations and establish company-wide response measures
Risk & Opportunity Category Risk Transition
Type Legal
Factor Enhanced legislation on invasive alien species
Potential Financial Impact
  • Install and manage ballast water treatment systems
  • Additional costs for responding to enhanced legal responsibilities related to ballast water
Current Response and Future Plan
  • Monitor biodiversity-related regulations and establish company-wide response measures
Risk & Opportunity Category Risk Transition
Type Reputation
Factor Reputation damage due to passive ESG response
Potential Financial Impact
  • Damage to corporate reputation resulting from the discovery of deficiencies in complying with environmental and marine ecosystem regulations
Current Response and Future Plan
  • Set key implementation tasks and goals for working-level ESG departments to enhance response measures
Risk & Opportunity Category Opportunity Business Achievement
Type Market
Factor Cost savings from low-carbon equipment installation
Potential Financial Impact
  • Fuel cost savings achieved through the use of air pollutant reduction equipment (EGCS, AMP, etc.)
  • Exemption from noise pollution-related fines and reduced transit times associated with the adoption and installation of quiet ship technologies
Current Response and Future Plan
  • Determine optimal timing and directions through the analysis of carbon-efficient equipment investments and low-carbon fuel transition based on GHG emissions reduction effects and economic feasibility
Risk & Opportunity Category Opportunity Business Achievement
Type Reputation
Factor Enhanced reputation through proactive ESG engagement
Potential Financial Impact
  • Enhanced corporate reputation through the analysis of environmental and marine ecosystem impacts and the minimization of potential damage
Current Response and Future Plan
  • Identify unmet environmental and biodiversity requirements within business operations and develop response measures