Wallenius Wilhelmsen ASA

Common Name
Wallenius Wilhelmsen
Country
Norway
Sector
Industrials
Industry
Marine Shipping
Employees
8,626
Ticker
WAWI
Exchange
OSLO BORS
Description
Wallenius Wilhelmsen ASA is a leading global shipping and logistics company specializing in the transportation of autos, heavy equipment, and specialised cargo. Its primary function is to provide sust...

Wallenius Wilhelmsen's GHG Emissions Data Preview

In 2023, Wallenius Wilhelmsen completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Wallenius Wilhelmsen has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Wallenius Wilhelmsen’s Greenhouse Gas (GHG) Emissions Data

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a. Wallenius Wilhelmsen's Annual Report 2023
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Insights into Wallenius Wilhelmsen's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Wallenius Wilhelmsen amounted to 4,131,241 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Wallenius Wilhelmsen decreased by 9.22%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Wallenius Wilhelmsen's Scope 1 Emissions Over Time

2019202020212022202301.5 M3 M4.5 M6 MtCO2e-20%+22%-1%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Wallenius Wilhelmsen's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Wallenius Wilhelmsen were 4,125,161 metric tons of CO₂ equivalent (tCO₂e). a

Has Wallenius Wilhelmsen reduced its Scope 1 emissions over time?

Since 2019, Wallenius Wilhelmsen's Scope 1 emissions have decreased by 12.14%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Wallenius Wilhelmsen's Scope 1 emissions decreased by 9.27%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Wallenius Wilhelmsen's Scope 2 emissions?

In 2023, Wallenius Wilhelmsen reported Scope 2 greenhouse gas (GHG) emissions of 6,925 tCO₂e using the market-based method and 6,080 tCO₂e using the location-based method. a

Has Wallenius Wilhelmsen reduced its Scope 2 emissions over time?

Since 2019, Wallenius Wilhelmsen's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Wallenius Wilhelmsen 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Wallenius Wilhelmsen's Scope 2 emissions (Location-Based) rose by 43.36% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Wallenius Wilhelmsen use for Scope 2 reporting?

In 2023, Wallenius Wilhelmsen reported its Scope 2 emissions using the market-based method and using the location-based method. a

Wallenius Wilhelmsen's Scope 2 Emissions Over Time

2019202020212022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Wallenius Wilhelmsen's Value Chain Emissions

In 2023, Wallenius Wilhelmsen reported 1,511,595 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Wallenius Wilhelmsen includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Wallenius Wilhelmsen's Scope 3 Emissions Over Time

20202021202220230400 k800 k1.2 M1.6 MtCO2e+4%+3%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Wallenius Wilhelmsen's Scope 3 emissions?

In 2023, Wallenius Wilhelmsen reported total Scope 3 emissions of 1,511,595 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Wallenius Wilhelmsen's Scope 3 emissions remained relatively stable, indicating that Wallenius Wilhelmsen 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Wallenius Wilhelmsen disclose?

In 2023, Wallenius Wilhelmsen reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Wallenius Wilhelmsen's Scope 3 emissions?

In 2023, the largest contributors to Wallenius Wilhelmsen's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 938,246 tCO₂e (62.07%)
  • Purchased Goods and Services (Cat. 1): 483,815 tCO₂e (32.01%)
  • Upstream Transportation and Distribution (Cat. 4): 49,048 tCO₂e (3.24%)

Wallenius Wilhelmsen's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(32.0%)UpstreamTransportation andDistribution(Cat. 4)(3.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(62.1%)

Insights into Wallenius Wilhelmsen’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Wallenius Wilhelmsen reported Scope 1 greenhouse gas (GHG) emissions of 4,125,161 tCO₂e and total revenues of USD 5,149 millions. This translates into an emissions intensity of 801.16 tCO₂e per millions USD. a

Wallenius Wilhelmsen's Scope 1 Emissions Intensity Compared to Peers

2005,000100,0002,000,00020,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)HQCYSSantos Brasil ParticipacoesYear: 2023Scope 1: 25,945 tCO2eRevenue: $M 440Scope 1 Intensity: 58.94 tCO2e/$MClarksonYear: 2023Scope 1: 1,014 tCO2eRevenue: $M 814Scope 1 Intensity: 1.25 tCO2e/$MU-Ming Marine TransportYear: 2023Scope 1: 490,629 tCO2eRevenue: $M 469Scope 1 Intensity: 1,046.99 tCO2e/$MStar Bulk CarriersYear: 2023Scope 1: 2,635,195 tCO2eRevenue: $M 949Scope 1 Intensity: 2,776.03 tCO2e/$MCOSCO SHIPPING PortsYear: 2023Scope 1: 78,497 tCO2eRevenue: $M 1,454Scope 1 Intensity: 53.97 tCO2e/$MZIMYear: 2023Scope 1: 5,524,462 tCO2eRevenue: $M 5,162Scope 1 Intensity: 1,070.18 tCO2e/$MHHHD Hyundai MipoYear: 2023Scope 1: 57,122 tCO2eRevenue: $M 3,161Scope 1 Intensity: 18.07 tCO2e/$MDanaosYear: 2023Scope 1: 3,119,979 tCO2eRevenue: $M 974Scope 1 Intensity: 3,204.64 tCO2e/$MQQQingdao Port InternationalYear: 2023Scope 1: 135,631 tCO2eRevenue: $M 2,557Scope 1 Intensity: 53.04 tCO2e/$MCCChina Merchants Port HoldingsYear: 2023Scope 1: 62,802 tCO2eRevenue: $M 1,470Scope 1 Intensity: 42.71 tCO2e/$MWestports HoldingsYear: 2023Scope 1: 134,243 tCO2eRevenue: $M 468Scope 1 Intensity: 286.65 tCO2e/$MWisdom Marine LinesYear: 2023Scope 1: 27,638 tCO2eRevenue: $M 546Scope 1 Intensity: 50.66 tCO2e/$MYYYang Ming Marine TransportYear: 2022Scope 1: 4,034,300 tCO2eRevenue: $M 12,233Scope 1 Intensity: 329.80 tCO2e/$MMatsonYear: 2023Scope 1: 1,101,300 tCO2eRevenue: $M 3,095Scope 1 Intensity: 355.88 tCO2e/$MSSSITC International HoldingsYear: 2023Scope 1: 1,602,635 tCO2eRevenue: $M 18,988Scope 1 Intensity: 84.40 tCO2e/$MWan Hai LinesYear: 2023Scope 1: 4,495,230 tCO2eRevenue: $M 3,267Scope 1 Intensity: 1,375.97 tCO2e/$MLog-in Logistica IntermodalYear: 2022Scope 1: 142,985 tCO2eRevenue: $M 391Scope 1 Intensity: 365.55 tCO2e/$MAPSEZYear: 2024Scope 1: 126,197 tCO2eRevenue: $M 3,203Scope 1 Intensity: 39.40 tCO2e/$MMISCYear: 2023Scope 1: 4,106,235 tCO2eRevenue: $M 3,106Scope 1 Intensity: 1,322.07 tCO2e/$MKirbyYear: 2023Scope 1: 770,400 tCO2eRevenue: $M 3,092Scope 1 Intensity: 249.19 tCO2e/$MKawasaki Kisen KaishaYear: 2023Scope 1: 6,550,995 tCO2eRevenue: $M 7,077Scope 1 Intensity: 925.73 tCO2e/$MWallenius WilhelmsenYear: 2023Scope 1: 4,125,161 tCO2eRevenue: $M 5,149Scope 1 Intensity: 801.16 tCO2e/$M

How does Wallenius Wilhelmsen's GHG emissions intensity compare to its peers?

In 2023, Wallenius Wilhelmsen reported a Scope 1 emissions intensity of 801.16 tCO₂e per millions USD. Compared to the peer group median of 286.65, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Wallenius Wilhelmsen rank on GHG emissions intensity within its industry?

In 2023, Wallenius Wilhelmsen ranked 15 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Wallenius Wilhelmsen is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Wallenius Wilhelmsen's Total Carbon Footprint

In 2023, Wallenius Wilhelmsen reported a total carbon footprint of 5,642,836 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.92% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Wallenius Wilhelmsen's total carbon footprint was Scope 1 emissions, accounting for 73.1% of the company's total carbon footprint, followed by Scope 3 emissions at 26.79%. a

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