Annual Publication Details Progress on Environmental, Social,
Governance Goals
HONOLULU, July 25,
2022 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a
leading U.S. carrier in the Pacific, has published its 2021
Sustainability Report that describes the company's progress toward
achieving its environmental, social and governance goals.
"Matson devoted more resources than ever to
serving the needs of our customers, employees and
communities."
"In a year of extraordinary disruption and upheaval in our
industry, Matson devoted more attention and resources than ever to
serving the needs of our customers, employees and communities,"
said Matt Cox, chairman and chief
executive officer. "I am proud of the work we are doing and pleased
to share our progress in this year's Sustainability Report."
Matson's annual Sustainability Report focuses on three areas
that the company devotes significant resources and attention to
strengthening continuously: serving the needs of its customers,
employees and communities; environmental stewardship and operating
its business ethically and safely. The report provides detail on
the company's strategic approach and how it measures progress and
celebrates key achievements.
Highlights of the 2021 report include:
Community:
- Provided highly differentiated, reliable services throughout
historic period of supply chain disruption
- Invested $4.2 million in
community funding and in-kind support– a 19% increase over
2020
- Provided funding and services to more than 560 community
organizations, focusing on food banks, social equity programs and
environmental conservation
Diversity:
- Promoted more than 20 women and 40 employees from racially
diverse backgrounds into management positions
- Committed nearly $250,000 to fund
scholarships, internships and professional networking opportunities
for women and diverse college students within maritime and
transportation industries
Environment:
- Set goals to achieve net zero Scope 1 greenhouse gas (GHG)
fleet emissions by 2050 and a 40% reduction by 2030
- Reduced sulfur oxides (SOx) emissions by 25%
- Published TCFD Report and incorporated climate risk into
enterprise risk management program
- Announced LNG installation program for some vessels
"Our 2021 Sustainability Report demonstrates Matson's ongoing
commitment to transparency and communication," said Rachel Lee, vice president, sustainability and
governance. "As we continue to build on our ESG efforts, we
will also continue to develop the way we measure and share updates
on our progress, which is essential to maintaining trust with our
stakeholders. We welcome feedback on the Report."
More information on Matson's sustainability activities,
including downloadable copies of its 2021 Sustainability Report and
TCFD Report, is available at:
https://www.matson.com/sustainability.html .
About Matson
Founded in 1882, Matson (NYSE: MATX) is a leading provider of
ocean transportation and logistics services. Matson provides
a vital lifeline to the domestic non-contiguous economies
of Hawaii, Alaska, and Guam, and to other island
economies in Micronesia. Matson also operates premium,
expedited services from China to Long Beach,
California, provides service
to Okinawa, Japan, and various islands in the South
Pacific, and operates an international export service
from Dutch Harbor to Asia. The Company's fleet of
owned and chartered vessels includes containerships, combination
container and roll-on/roll-off ships and custom-designed
barges. Matson Logistics, established in 1987, extends
the geographic reach of Matson's transportation network throughout
North America. Its integrated, asset-light logistics services
include rail intermodal, highway brokerage, warehousing, freight
consolidation, Asia supply chain services, and forwarding
to Alaska. Additional information about the Company is
available at www.matson.com
Contact:
Keoni Wagner
Matson
510-628-4534
kwagner@matson.com
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SOURCE MATSON, INC. - PR