HMM announced that it was awarded a platinum rating, the highest recognition given by EcoVadis for its sustainability efforts. It received a silver rating in 2021, upgraded to gold in 2022, and elevated to platinum in 2023.

The EcoVadis assesses companies’ corporate social responsibility performances in four main areas: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The criteria for its scorecards: Platinum (Top 1%) > Gold (Top 5%) > Silver (Top 15%) > Bronze (Top 35%) > No Ratings (The remainder).

[Photo] Platinum medal certificate HMM received from EcoVadis

The assessment system has been reorganized this year, strengthening the rating criteria. HMM has been recognized by EcoVadis as one of the world’s top 1% sustainable companies in the Sea and Coastal Water Transport sector, achieving EcoVadis platinum rating for the first time. 

"We are committed to fulfilling our corporate social responsibility (CSR) by enhancing market competitiveness and promoting sustainable management for the green future", said an HMM official. "We will continue to drive and enhance its environmental, social and governance (ESG) management to achieve sustainable growth.”

Meanwhile, HMM is endeavoring to improve energy efficiency, building new green ships, and expanding a sustainable eco supply chain.