U-Ming Marine Transport Corp

Common Name
U-Ming Marine Transport
Country
Taiwan
Sector
Industrials
Industry
Marine Shipping
Employees
N/A
Ticker
2606
Exchange
TAIWAN STOCK EXCHANGE
Description
U-Ming Marine Transport Corporation is a leading player in the maritime transportation industry, specializing in the shipping of dry bulk commodities such as iron ore, coal, and grains. Headquartered ...

U-Ming Marine Transport's Climate Target Data Preview

As of 2023, U-Ming Marine Transport has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into U-Ming Marine Transport ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2070
Intensity-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Gross Tonnage Nautical Miles
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2030
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Gross Tonnage Nautical Miles
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2050
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into U-Ming Marine Transport's Greenhouse Gas Emissions Pathways

As of 2023, U-Ming Marine Transport has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does U-Ming Marine Transport have a target to reduce the emissions from its operations?

As of 2023, U-Ming Marine Transport has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

U-Ming Marine Transport's most ambitious operational target is to reduce these emissions by 56% by 2050, compared to a baseline of 3.16 Metric Tonnes of CO2 equivalent (mtCO2e) per Gross Tonnage Nautical Miles in 2019.

Instead of reducing operational emissions, U-Ming Marine Transport has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target.

U-Ming Marine Transport's Operational (Scope 1+2) Emissions Pathway

20192023205000.851.72.553.4Current (+2%)Target 2050 (-56%)

Does U-Ming Marine Transport have a target to reduce its total carbon footprint?

As of 2023, U-Ming Marine Transport has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

U-Ming Marine Transport's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 1,056,902.395 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023, by 70% by 2070.

U-Ming Marine Transport's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2023203020700300 k600 k900 k1.2 MBaselineTarget 2030 (-20%)Target 2070 (-70%)
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