In 2024, Yang Ming Marine Transport 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, Yang Ming Marine Transport has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 4,356,300.687a | 4,214,595.499a | 4,034,299.545a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 17,032.667a | 18,136.989a | 11,200.409a | |
Total Scope 3 | 1,233,465.591a | 1,509,563.548b | 648,041.496b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 640.807a | 919.4107a | 329.7951a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Yang Ming Marine Transport amounted to 4,373,333.354 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 2023, the total operational greenhouse gas (GHG) emissions of Yang Ming Marine Transport increased by 3.32%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Yang Ming Marine Transport were 4,356,300.687 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Yang Ming Marine Transport's Scope 1 emissions have increased by 9.19%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Yang Ming Marine Transport's Scope 1 emissions increased by 3.36%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Yang Ming Marine Transport reported Scope 2 greenhouse gas (GHG) emissions of 17,032.667 tCO₂e without specifying the calculation method.a
Since 2021, Yang Ming Marine Transport's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 58.7%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Yang Ming Marine Transport's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Yang Ming Marine Transport's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Yang Ming Marine Transport reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Yang Ming Marine Transport reported 1,233,465.591 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 2024 disclosure of Yang Ming Marine Transport includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Yang Ming Marine Transport reported total Scope 3 emissions of 1,233,465.591 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Yang Ming Marine Transport's Scope 3 emissions have increased by 920%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Yang Ming Marine Transport's Scope 3 emissions decreased by 18.29%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
In 2024, Yang Ming Marine Transport reported Scope 1 greenhouse gas (GHG) emissions of 4,356,300.687 tCO₂e and total revenues of USD 6,798 millions. This translates into an emissions intensity of 640.81 tCO₂e per millions USD.a
In 2024, Yang Ming Marine Transport reported a Scope 1 emissions intensity of 640.81 tCO₂e per millions USD. Compared to the peer group median of 384.09, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Yang Ming Marine Transport ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Yang Ming Marine Transport is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Yang Ming Marine Transport reported a total carbon footprint of 5,606,798.945 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.36% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Yang Ming Marine Transport's total carbon footprint was Scope 1 emissions, accounting for 77.7% of the company's total carbon footprint, followed by Scope 3 emissions at 22%.a