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Ocean Network Express

Ocean Network Express (ONE) is a privately owned company headquartered in Singapore. In 2021 its revenue was USD 30.1 billion. Although ONE subcontracts transport across multiple modes, it is predominantly a shipping company. It was formed in 2018 through the integration of the container shipping services of three Japanese shipping companies: K Line, MOL and NYK Line.

Ranking position
#56 /90
Total score
15.9 /100

14.9 /60
Core social indicators
1.0 /20
Just transition
0.0 /20

ACT score components

Performance score
5.4 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-90)


10.0 /100 #39

Material investment

49.8 /100 #8

Intangible investment

5.0 /100 #24

Sold products



36.1 /100 #51

Supplier engagement

33.3 /100 #24

Client engagement

0.0 /100 #62

Policy engagement

15.0 /100 #47

Business model

7.5 /100 #29

ACT assessment

Leading practice

No leading practices were identified for this company.

Risk and opportunities


ONE receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Although the company’s emissions intensity between 2018 and 2020 decreased considerably by 5% per year, it is projected to exceed its 1.5°C carbon budget between 2021 and 2035 . ONE can meet its 1.5°C pathway by 2025 if it continues this rate of emissions reduction. However, the company’s emissions intensity increased in 2021. It is unclear how the company will achieve the required emissions intensity reductions in the short-term as its plans to deploy low-carbon vessels only begin after 2030.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core social assessment

More about the company

Tokyo, Japan
USD 30.1 billion