MASHINIi

HAPAG-LLOYD AG.

HLAG.XETRA | Sea and coastal freight water transport

Hapag-Lloyd AG is a global container shipping company. It operates a fleet of container ships and provides liner shipping services between various ports worldwide. The company's services include the transportation of containers, cargo handling, and related logistics activities. Hapag-Lloyd serves a ...Show More

Ethical Profile

Mixed.

Hapag-Lloyd's ethical standing is mixed. Shipping operations generated significant Scope 1 (15,300 k tons CO₂e) and Scope 3 (21,031 k tons CO₂e) emissions in 2024. Net-zero fleet is targeted by 2045, with a 2030 emissions reduction goal and green fuel investments. Reports suggest a 6% unadjusted gender pay gap and some low salary complaints, despite a resolved 2024 strike. Governance concerns include five allegedly non-independent Supervisory Board members. The company also faced a spear phishing attack in 2022. Hapag-Lloyd maintains a whistleblower policy, is a Maritime Anti-Corruption Network member, and through Hapag-Lloyd Cares, provided 195 prosthetic limbs in India.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons-60
-100100
Planet-Friendly Business-70
-100100
Respect for Cultures & Communities-10
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

Hapag-Lloyd's core business of container shipping is generally health-neutral, but it facilitates health-positive outcomes by transporting medical equipment and food.

1
The company actively contributes to health through initiatives such as providing 206 prosthetic limbs to 195 rural amputees in India, supporting access to 45,000 safe drinking water bags in low-income countries, and conducting menstrual hygiene awareness sessions.
2
It also supports educational programs like UNICEF's "Schools for Africa" and a digital "Learning Passport," and ensures equal opportunities without discrimination based on health status or disability.
3
During emergencies, the company provided logistical assistance for Ukraine relief efforts and made donations for earthquake victims.
4
The company has an outstanding safety record for user harm, with no reportable incidents related to dangerous goods since 2020, despite transporting approximately 4% of its total volume as dangerous goods in 2024.
5
It also maintains industry-leading risk disclosures, including annual risk analyses, a 24/7 "Speak Up Line," and public reporting on human rights and environmental due diligence.
6
However, Hapag-Lloyd's operations generate significant negative health externalities, with 2024 total GHG emissions (location-based) at 36,351 k tons CO2e and substantial air pollutant emissions (e.g., 394,684 tons of Nitrogen oxides).
7
While the company aims for net-zero fleet operations by 2045 and reduced GHG emissions by 0.8 million tons in 2023, the scale of these externalities remains large.
8
The company does not offer health-related products or services requiring price accessibility, nor does it engage in preventative health or treatment activities for the general public. Its data protection measures are for general IT security, not specifically health data. Mental health, preventative health, and healthcare workforce support initiatives are focused on internal employee well-being. Investment in alternative fuels and propulsion technologies is aimed at environmental sustainability rather than direct health outcomes.

Fair Money & Economic Opportunity

0

Hapag-Lloyd AG is a global container shipping company, and its core business activities, as described in the provided articles, do not involve lending, insuring, moving, or storing money for consumers or underserved populations.

1
The 'Fair Money & Economic Opportunity' value and its associated KPIs are designed to assess financial institutions. As no evidence was found in the articles pertaining to Hapag-Lloyd's engagement in financial services or related metrics, all KPIs are omitted due to lack of applicable data.
2

Fair Pay & Worker Respect

20

Hapag-Lloyd's CEO total compensation to median employee compensation ratio was 108 in 2024.

1
Approximately 66% of all employees were covered by collective bargaining agreements as of December 31, 2023.
2
The rate of recordable work-related accidents for its own workforce was 3.4 per million working hours in 2024, which translates to a TRIR of 0.68 per 200,000 hours.
3
The unadjusted gender pay gap was 6% in 2024, meaning women earn 94% of men's pay.
4
A global Employee Engagement Survey conducted in 2023 reported a satisfaction rate of 85%.
5
The voluntary employee turnover rate was 10.3% in 2024.
6
In 2023, there were 27 charges of discrimination forwarded to the Ethics Committee,
7
and in 2024, there were 14 incidents of discrimination connected to the own workforce and 2 severe human rights issues.
8
A lawsuit was filed in April 2021 against Hapag-Lloyd AG and USMX by the ILA, seeking $200,000,000 for alleged tortious interference and breach of contract.
9
In 2024, 956 employees were without guaranteed working hours.
10
In 2024, 99.6% of the own workforce was covered by a health and safety management system.
11

Fair Trade & Ethical Sourcing

0

No evidence available to assess HAPAG-LLOYD AG on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-20

Hapag-Lloyd AG incurred $822,220 in civil penalties for 14 violations of the US Shipping Act, which falls within the past three years.

1
The company has a formal Whistleblower and Non-Retaliation Policy, including a Speak Up Line provided by an independent service, and multiple reporting channels.
2
Whistleblowers receive confirmation of report receipt within seven days, with status feedback provided no later than three months after confirmation.
3
No financial restatements have been reported in the past five years.
4
The company's audit scope covers the accounting system and risk early-warning system, and external audits of financial statements are conducted by KPMG AG Wirtschaftsprüfungsgesellschaft.
5
However, the percentage of revenue, assets, or subsidiaries covered by independent external audit is not specified.
6
For ethics complaints, feedback on report status is provided no later than three months after confirmation of receipt.
7
Five of the eight shareholder representatives on the Supervisory Board hold positions of responsibility in core shareholders, and the chair of the Audit and Financial Committee is also a managing director of a significant shareholder, indicating a lack of independence for a majority of the board.
8
Hapag-Lloyd has a comprehensive anti-corruption policy, a Global Code of Ethics, and is a member of the Maritime Anti-Corruption Network (MACN).
9
The company conducts risk-based due diligence on third-party intermediaries, and Hapag-Lloyd Chile has twice earned official Compliance Certification.
10

Kind to Animals

0

No evidence available to assess HAPAG-LLOYD AG on Kind to Animals.

No War, No Weapons

-60

In 2023, the company allocated 65,000 USD to UNICEF and 500,000 EUR to support war refugees.

1
Based on a 2023 Group net result (EBIT) of EUR 2,532 million, this represents approximately 0.022% of EBIT, which falls below the <0.5% threshold for peacebuilding investment.
2
The company's Supplier Code of Conduct outlines expectations for human rights and environmental protection, but the 2023 Sustainability Report indicates an inability to demonstrate full compliance with minimum safeguards for the entire 2023 financial year.
3
The company publicly cites alignment with the UN Guiding Principles on Business and Human Rights, but its 2023 report notes major gaps in implementation, specifically regarding the 'do no significant harm' analysis for certain economic activities.
4

Planet-Friendly Business

-70

Hapag-Lloyd's total Scope 1, 2, and 3 greenhouse gas emissions for 2024 were 36,351,085.7 tCO2e.

1
Scope 1 emissions increased by 21.18% and Scope 3 emissions increased by 830.59% compared to 2023.
2
The company has a net-zero target for fleet operations by 2045.
3
While its subsidiary, JM Baxi, has SBTi-approved targets aligned with a 1.5°C pathway, the company's overall targets are stated as aligned with a 1.5°C pathway based on an initiative of 10 ship financing banks, but not explicitly validated by SBTi for the entire group.
4
Market-based Scope 2 emissions are reduced compared to location-based emissions due to green electricity contracts and energy attribute certificates.
5
Climate scenario analysis has been conducted for 1.5°C, 2°C, and 3°C+ pathways.
6
The company recycles vessels exclusively at EU-certified yards, with one vessel recycled in 2024.
7
It reports zero regulation breaches related to ballast water and released substances in its own fleet.
8
The company is a member of a multi-stakeholder initiative supporting deforestation-free supply chains, but no specific implementation percentage is provided.
9

Respect for Cultures & Communities

-10

Hapag-Lloyd has 3 formal partnerships with organizations such as 4Life Solutions, One Earth – One Ocean, and UNICEF.

1
The company's local employment ratio is 6%.
2
A global 'Speak Up Line' is available 24/7 online for anonymous reporting, covering 100% of operational sites.
3
In 2024, two severe human rights violations were recorded in India and the USA, which were addressed through established processes, leading to the termination of employment for the alleged harassers.
4
Furthermore, 99% of employees completed cultural sensitivity training.
5

Safe & Smart Tech

0

Hapag-Lloyd holds ISO 27001 and ISO 27701 certifications, demonstrating a commitment to information security and privacy management.

1
The company's privacy policy outlines user rights, including access, rectification, erasure, restriction of processing, data portability, objection, and the ability to withdraw consent.
2
Data is retained only for the period reasonably necessary, unless longer retention is legally required.
3
Hapag-Lloyd explicitly states its compliance with the EU General Data Protection Regulation (GDPR), LGPD, POPIA, and DIFC DP Law.
4

Zero Waste & Sustainable Products

-30

Hapag-Lloyd has implemented various waste reduction initiatives, including establishing local Green Teams, promoting recycling, avoiding single-use items, and reducing food waste.

1
The company recycles its vessels in line with strict EU environmental standards and was the first worldwide to receive the DNV GL “Excellence Green Star Award” for ship recycling, indicating transformative initiatives.
2
For hazardous waste, all materials that cannot be recycled are identified and 100% disposed of or recycled.
3
Every newly built vessel is provided with an Inventory of Hazardous Materials (IHM), and since 2020, there have been no reportable incidents related to dangerous goods in operations.
4
However, in May 2021, an illegal shipment of 25 tons of plastic waste on a Hapag-Lloyd ship was seized, resulting in a 2 billion CFA francs fine and re-export.
5
The company has a target for extensive waste prevention in offices by 2030.
6
They require all parties involved in ship recycling to comply with their standards and promote environmental sustainability through a Supplier Code of Conduct.
7
Hapag-Lloyd also supports initiatives aimed at raising customer awareness of waste prevention and disposal.
8

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.