Yang Ming Marine Transport Corp

Common Name
Yang Ming Marine Transport
Country
Taiwan
Sector
Industrials
Industry
Marine Shipping
Employees
N/A
Ticker
2609
Exchange
TAIWAN STOCK EXCHANGE
Description
Yang Ming Marine Transport Corporation is a key player in the global shipping and logistics industry, primarily focusing on marine transportation. Founded in 1972 and headquartered in Keelung, Taiwan,...

Yang Ming Marine Transport's GHG Emissions Data Preview

In 2023, 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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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 Yang Ming Marine Transport’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 Yang Ming Marine Transport’s data sources below and access millions more through our Disclosure Search.

a. Yang Ming Marine Transport's Annual Report 2024
a. Yang Ming Marine Transport's Annual Report 2024
b. Yang Ming Marine Transport's Sustainability Report 2023
b. Yang Ming Marine Transport's Sustainability Report 2023

Insights into Yang Ming Marine Transport's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Yang Ming Marine Transport amounted to 4,232,732.487 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 Yang Ming Marine Transport increased by 4.63%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Yang Ming Marine Transport's Scope 1 Emissions Over Time

20212022202301.5 M3 M4.5 M6 MtCO2e+1%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Yang Ming Marine Transport's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Yang Ming Marine Transport were 4,214,595.499 metric tons of CO₂ equivalent (tCO₂e). a

Has Yang Ming Marine Transport reduced its Scope 1 emissions over time?

Since 2021, Yang Ming Marine Transport's Scope 1 emissions have increased by 5.63%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Yang Ming Marine Transport's Scope 1 emissions increased by 4.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Yang Ming Marine Transport's Scope 2 emissions?

In 2023, Yang Ming Marine Transport reported Scope 2 greenhouse gas (GHG) emissions of 18,136.989 tCO₂e without specifying the calculation method. a

Has Yang Ming Marine Transport reduced its Scope 2 emissions over time?

Since 2021, Yang Ming Marine Transport's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 68.99%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Yang Ming Marine Transport's Scope 2 emissions (Unspecified Calculation Method) rose by 61.93% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Yang Ming Marine Transport use for Scope 2 reporting?

In 2023, Yang Ming Marine Transport reported its Scope 2 emissions using an unspecified methodology. a

Yang Ming Marine Transport's Scope 2 Emissions Over Time

20212022202305 k10 k15 k20 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Yang Ming Marine Transport's Value Chain Emissions

In 2023, Yang Ming Marine Transport reported 1,509,563.548 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 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Yang Ming Marine Transport's Scope 3 Emissions Over Time

2021202220230400 k800 k1.2 M1.6 MtCO2e+436%+133%
  • Total Scope 3
  • Year-over-Year Change

What are Yang Ming Marine Transport's Scope 3 emissions?

In 2023, Yang Ming Marine Transport reported total Scope 3 emissions of 1,509,563.548 metric tons of CO₂ equivalent (tCO₂e). a

Has Yang Ming Marine Transport reduced its Scope 3 emissions over time?

Since 2021, Yang Ming Marine Transport's Scope 3 emissions have increased by 1,148.31%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Yang Ming Marine Transport's Scope 3 emissions increased by 132.94%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into Yang Ming Marine Transport’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Yang Ming Marine Transport reported Scope 1 greenhouse gas (GHG) emissions of 4,214,595.499 tCO₂e and total revenues of USD 4,584 millions. This translates into an emissions intensity of 919.41 tCO₂e per millions USD. a

Yang Ming Marine Transport's Scope 1 Emissions Intensity Compared to Peers

1050020,0001,000,00050,000,000Scope 1 Emissions (tCO2e)502001,0005,00050,000Revenues (Millions of USD)LURERCYLLL & K EngineeringYear: 2024Scope 1: 198 tCO2eRevenue: $M 1,987Scope 1 Intensity: 0.10 tCO2e/$MTaiwan High Speed RailYear: 2024Scope 1: 8,638 tCO2eRevenue: $M 1,623Scope 1 Intensity: 5.32 tCO2e/$MU-Ming Marine TransportYear: 2023Scope 1: 490,629 tCO2eRevenue: $M 469Scope 1 Intensity: 1,046.99 tCO2e/$MUUUnited Integrated ServicesYear: 2023Scope 1: 15 tCO2eRevenue: $M 2,240Scope 1 Intensity: 0.01 tCO2e/$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: $M 14,151Scope 1 Intensity: 834.79 tCO2e/$MHiwin TechnologiesYear: 2024Scope 1: 13,234 tCO2eRevenue: $M 745Scope 1 Intensity: 17.77 tCO2e/$MLien Hwa Industrial HoldingsYear: 2024Scope 1: 1,552 tCO2eRevenue: $M 395Scope 1 Intensity: 3.93 tCO2e/$MVoltronic Power TechnologyYear: 2024Scope 1: 485 tCO2eRevenue: $M 696Scope 1 Intensity: 0.70 tCO2e/$MRRRuentex DevelopmentYear: 2024Scope 1: 597,908 tCO2eRevenue: $M 971Scope 1 Intensity: 615.62 tCO2e/$MTatungYear: 2023Scope 1: 13,181 tCO2eRevenue: $M 1,641Scope 1 Intensity: 8.03 tCO2e/$MAdvanced Energy SolutionYear: 2023Scope 1: 112 tCO2eRevenue: $M 327Scope 1 Intensity: 0.34 tCO2e/$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: $M 541Scope 1 Intensity: 1.33 tCO2e/$MCHEMYear: 2024Scope 1: 1,286 tCO2eRevenue: $M 782Scope 1 Intensity: 1.65 tCO2e/$MWisdom Marine LinesYear: 2023Scope 1: 27,638 tCO2eRevenue: $M 546Scope 1 Intensity: 50.66 tCO2e/$MEva AirwaysYear: 2023Scope 1: 6,501,992 tCO2eRevenue: $M 6,531Scope 1 Intensity: 995.53 tCO2e/$MWan Hai LinesYear: 2024Scope 1: 4,471,249 tCO2eRevenue: $M 4,939Scope 1 Intensity: 905.30 tCO2e/$MYYYang Ming Marine TransportYear: 2023Scope 1: 4,214,595 tCO2eRevenue: $M 4,584Scope 1 Intensity: 919.41 tCO2e/$M

How does Yang Ming Marine Transport's GHG emissions intensity compare to its peers?

In 2023, Yang Ming Marine Transport reported a Scope 1 emissions intensity of 919.41 tCO₂e per millions USD. Compared to the peer group median of 8.03 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Yang Ming Marine Transport rank on GHG emissions intensity within its industry?

In 2023, Yang Ming Marine Transport ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Yang Ming Marine Transport among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Yang Ming Marine Transport's Total Carbon Footprint

In 2023, Yang Ming Marine Transport reported a total carbon footprint of 5,742,296.036 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.34% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Yang Ming Marine Transport's total carbon footprint was Scope 1 emissions, accounting for 73.4% of the company's total carbon footprint, followed by Scope 3 emissions at 26.29%. a

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