Wan Hai Lines Ltd. Sustainability Profile
Wan Hai Lines Ltd., a prominent player in the global shipping industry, is headquartered in Taiwan (TW) and has established a strong operational presence across Asia, Europe, and North America. Founded in 1965, the company has consistently evolved, achieving significant milestones that underscore its commitment to excellence in container shipping. Specialising in container transportation, Wan Hai Lines offers a range of services that include liner shipping and logistics solutions. What sets them apart is their focus on regional routes, providing reliable and efficient services tailored to customer needs. With a robust fleet and a reputation for punctuality, Wan Hai Lines has secured a notable position in the market, recognised for its operational efficiency and customer-centric approach.
DitchCarbon Score
How does Wan Hai Lines Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Inland Water Transport industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Wan Hai Lines Ltd.'s score of 30 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wan Hai Lines Ltd.'s reported carbon emissions
In 2023, Wan Hai Lines Ltd. reported total carbon emissions of approximately 4,451,158,190 kg CO2e, with emissions distributed across various scopes: 4,451,158,190 kg CO2e from Scope 1, 14,150,080 kg CO2e from Scope 2, and significant contributions from Scope 3, including 819,285,180 kg CO2e from capital goods and 981,663,510 kg CO2e from fuel and energy-related activities. The total emissions for Scope 1 and 2 combined reached about 4,465,308,270 kg CO2e. The company has set ambitious climate commitments, aiming to reduce carbon emissions intensity by 50% by 2030, with a long-term goal of achieving net zero emissions by 2050, using 2008 as the baseline year. These targets align with the International Maritime Organization's (IMO) greenhouse gas reduction objectives. In previous years, Wan Hai's emissions were also significant, with 5,359,084,490 kg CO2e in 2022 and 4,940,589,520 kg CO2e in 2021 for Scope 1. The company is actively working towards its reduction targets, demonstrating a commitment to improving its environmental performance in the shipping industry.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 4,940,589,520 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 13,663,120 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,989,581,700 | 0,000,000,000 | 0,000,000,000 |
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Wan Hai Lines Ltd.'s Scope 3 Categories Breakdown
Wan Hai Lines Ltd.'s Scope 3 emissions, which decreased by 11% last year and decreased by approximately 39% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 29% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 54% of Scope 3 emissions.
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Wan Hai Lines Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Wan Hai Lines Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
