Wisdom Marine Lines Co Ltd

Common Name
Wisdom Marine Lines
Country
Taiwan
Sector
Industrials
Industry
Marine Shipping
Employees
N/A
Ticker
2637
Exchange
TAIWAN STOCK EXCHANGE
Description
Wisdom Marine Lines Co., Ltd. stands as a leading entity in the dry bulk shipping industry, operating primarily to transport commodities across the globe. The company specializes in the ownership and ...

Wisdom Marine Lines's GHG Emissions Data Preview

In 2023, Wisdom Marine Lines 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).

However, Wisdom Marine Lines has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Wisdom Marine Lines’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Wisdom Marine Lines’s data sources below and access millions more through our Disclosure Search.

a. Wisdom Marine Lines's Annual Report 2023
a. Wisdom Marine Lines's Annual Report 2023
b. Wisdom Marine Lines's Annual Report 2022
b. Wisdom Marine Lines's Annual Report 2022

Insights into Wisdom Marine Lines's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Wisdom Marine Lines amounted to 27,742 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 Wisdom Marine Lines decreased by 31.98%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Wisdom Marine Lines's Scope 1 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e-30%+32%-32%
  • Total Scope 1
  • Year-over-Year Change

What are Wisdom Marine Lines's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Wisdom Marine Lines were 27,638 metric tons of CO₂ equivalent (tCO₂e). a

Has Wisdom Marine Lines reduced its Scope 1 emissions over time?

Since 2020, Wisdom Marine Lines's Scope 1 emissions have decreased by 37.15%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Wisdom Marine Lines's Scope 1 emissions decreased by 32.05%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Wisdom Marine Lines's Scope 2 emissions?

In 2023, Wisdom Marine Lines reported Scope 2 greenhouse gas (GHG) emissions of 104 tCO₂e without specifying the calculation method. a

Has Wisdom Marine Lines reduced its Scope 2 emissions over time?

Since 2020, Wisdom Marine Lines's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 15.45%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Wisdom Marine Lines's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Wisdom Marine Lines 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Wisdom Marine Lines use for Scope 2 reporting?

In 2023, Wisdom Marine Lines reported its Scope 2 emissions using an unspecified methodology. a

Wisdom Marine Lines's Scope 2 Emissions Over Time

202020212022202303570105140tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Wisdom Marine Lines's Value Chain Emissions

In 2023, Wisdom Marine Lines reported 1,358,022 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 Wisdom Marine Lines includes a breakdown across 0 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

Wisdom Marine Lines's Scope 3 Emissions Over Time

20202021202220230500 k1 M1.5 M2 MtCO2e-6%-2%-23%
  • Total Scope 3
  • Year-over-Year Change

What are Wisdom Marine Lines's Scope 3 emissions?

In 2023, Wisdom Marine Lines reported total Scope 3 emissions of 1,358,022 metric tons of CO₂ equivalent (tCO₂e). a

Has Wisdom Marine Lines reduced its Scope 3 emissions over time?

Since 2020, Wisdom Marine Lines's Scope 3 emissions have decreased by 28.98%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Wisdom Marine Lines's Scope 3 emissions decreased by 22.81%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into Wisdom Marine Lines’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Wisdom Marine Lines reported Scope 1 greenhouse gas (GHG) emissions of 27,638 tCO₂e and total revenues of USD 546 millions. This translates into an emissions intensity of 50.66 tCO₂e per millions USD. a

Wisdom Marine Lines's Scope 1 Emissions Intensity Compared to Peers

201,00050,0001,000,00050,000,000Scope 1 Emissions (tCO2e)502001,0005,00050,000Revenues (Millions of USD)HEERCYCCKinikYear: 2023Scope 1: 8,388 tCO2eRevenue: $M 208Scope 1 Intensity: 40.33 tCO2e/$MTa Ya Electric Wire & CableYear: 2023Scope 1: 17,469 tCO2eRevenue: $M 862Scope 1 Intensity: 20.27 tCO2e/$MSUNONYear: 2023Scope 1: 2,338 tCO2eRevenue: $M 421Scope 1 Intensity: 5.55 tCO2e/$MU-Ming Marine TransportYear: 2023Scope 1: 490,629 tCO2eRevenue: $M 469Scope 1 Intensity: 1,046.99 tCO2e/$MHHHua Eng Wire And CableYear: 2024Scope 1: 1,017 tCO2eRevenue: $M 346Scope 1 Intensity: 2.94 tCO2e/$MSincere NavigationYear: 2023Scope 1: 287,919 tCO2eRevenue: $M 138Scope 1 Intensity: 2,088.12 tCO2e/$MEvergreen Marine Corp TaiwanYear: 2024Scope 1: 11,812,727 tCO2eRevenue: $M 14,151Scope 1 Intensity: 834.79 tCO2e/$MTaiwan Shin Kong SecurityYear: 2023Scope 1: 2,218 tCO2eRevenue: $M 251Scope 1 Intensity: 8.82 tCO2e/$MTaiwan CogenerationYear: 2023Scope 1: 4,633,614 tCO2eRevenue: $M 174Scope 1 Intensity: 26,577.12 tCO2e/$MEEEvergreen SteelYear: 2023Scope 1: 3,874 tCO2eRevenue: $M 362Scope 1 Intensity: 10.72 tCO2e/$MCentury Iron and Steel IndustrialYear: 2022Scope 1: 1,083 tCO2eRevenue: $M 300Scope 1 Intensity: 3.61 tCO2e/$MShin Zu ShingYear: 2023Scope 1: 676 tCO2eRevenue: $M 328Scope 1 Intensity: 2.06 tCO2e/$MRexon IndustrialYear: 2023Scope 1: 426 tCO2eRevenue: $M 219Scope 1 Intensity: 1.95 tCO2e/$MAirtac International GroupYear: 2024Scope 1: 18,192 tCO2eRevenue: $M 936Scope 1 Intensity: 19.44 tCO2e/$MEEEastern Media InternationalYear: 2023Scope 1: 3,317 tCO2eRevenue: $M 190Scope 1 Intensity: 17.42 tCO2e/$MRRRadium Life TechYear: 2023Scope 1: 44 tCO2eRevenue: $M 244Scope 1 Intensity: 0.18 tCO2e/$MChina AirlinesYear: 2024Scope 1: 6,228,363 tCO2eRevenue: $M 6,223Scope 1 Intensity: 1,000.79 tCO2e/$MShihlin ElectricYear: 2023Scope 1: 3,872 tCO2eRevenue: $M 1,037Scope 1 Intensity: 3.73 tCO2e/$MTaiwan SecomYear: 2023Scope 1: 3,195 tCO2eRevenue: $M 557Scope 1 Intensity: 5.74 tCO2e/$MCCCleanawayYear: 2023Scope 1: 8,968 tCO2eRevenue: $M 139Scope 1 Intensity: 64.50 tCO2e/$MAmtran TechnologyYear: 2023Scope 1: 717 tCO2eRevenue: $M 541Scope 1 Intensity: 1.33 tCO2e/$MYYYang Ming Marine TransportYear: 2023Scope 1: 4,214,595 tCO2eRevenue: $M 4,584Scope 1 Intensity: 919.41 tCO2e/$MCCChicony Power TechnologyYear: 2023Scope 1: 2,608 tCO2eRevenue: $M 1,184Scope 1 Intensity: 2.20 tCO2e/$MCCCatcher TechnologyYear: 2024Scope 1: 23,632 tCO2eRevenue: $M 552Scope 1 Intensity: 42.81 tCO2e/$MWan Hai LinesYear: 2024Scope 1: 4,471,249 tCO2eRevenue: $M 4,939Scope 1 Intensity: 905.30 tCO2e/$MWisdom Marine LinesYear: 2023Scope 1: 27,638 tCO2eRevenue: $M 546Scope 1 Intensity: 50.66 tCO2e/$M

How does Wisdom Marine Lines's GHG emissions intensity compare to its peers?

In 2023, Wisdom Marine Lines reported a Scope 1 emissions intensity of 50.66 tCO₂e per millions USD. Compared to the peer group median of 17.42 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Wisdom Marine Lines rank on GHG emissions intensity within its industry?

In 2023, Wisdom Marine Lines ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Wisdom Marine Lines's Total Carbon Footprint

In 2023, Wisdom Marine Lines reported a total carbon footprint of 1,385,764 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.02% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Wisdom Marine Lines's total carbon footprint was Scope 3 emissions, accounting for 98% of the company's total carbon footprint, followed by Scope 1 emissions at 1.99%. a

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