Wan Hai Lines Ltd., a prominent player in the inland water transportation services industry, is headquartered in Taiwan (TW). Established in 1965, the company has grown to become a key provider of container shipping services, primarily operating in Asia and extending its reach globally.
Specialising in containerised cargo transport, Wan Hai Lines is recognised for its efficient and reliable shipping solutions, catering to a diverse clientele. The company has achieved significant milestones, including the expansion of its fleet and the enhancement of its service network, which solidifies its market position.
With a commitment to innovation and customer satisfaction, Wan Hai Lines Ltd. continues to set industry standards, making it a trusted name in the logistics and transportation sector.
0 vs industry average
Wan Hai Lines Ltd.’s score of 15 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Inland Water Transport is among the most carbon-intensive industries
Industry performance
The Inland Water Transport industry has reduced its overall emissions by 28% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Wan Hai Lines Ltd.'s reported carbon emissions
Wan Hai Lines Ltd., headquartered in TW and operating within inland water transportation services, reported a total of approximately 4.47 billion kg CO2e in Scope 1 and 2 emissions for 2023. The company's emissions breakdown for 2023 includes approximately 4.45 billion kg CO2e for Scope 1, and about 14.15 million kg CO2e for Scope 2. Scope 3 emissions for 2023 amounted to approximately 1.81 billion kg CO2e, primarily from capital goods, fuel and energy-related activities, and waste generated in operations.
In 2022, Wan Hai Lines Ltd. reported total Scope 1 and 2 emissions of approximately 5.37 billion kg CO2e. Scope 1 emissions stood at about 5.36 billion kg CO2e, with Scope 2 emissions at approximately 13.41 million kg CO2e. Scope 3 emissions for 2022 were approximately 2.04 billion kg CO2e, attributed to capital goods, fuel and energy-related activities, and waste generated in operations.
For 2021, the company's total Scope 1 and 2 emissions were approximately 4.95 billion kg CO2e. Scope 1 emissions were around 4.94 billion kg CO2e, and Scope 2 emissions were about 13.66 million kg CO2e. Scope 3 emissions in 2021 totalled approximately 2.99 billion kg CO2e, with significant contributions from capital goods and fuel and energy-related activities.
Wan Hai Lines Ltd. has established climate commitments aligned with the International Maritime Organization's (IMO) targets. These include a near-term goal to reduce carbon emissions intensity by 40% by 2030, using 2008 as the base year. Furthermore, the company aims to achieve net zero emissions by 2050. More specifically for long-term goals, there's a target to reduce carbon emissions intensity by 50% by 2030, with a 2008 baseline, and to achieve net zero emissions by 2050.
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Wan Hai Lines Ltd.’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Wan Hai Lines Ltd.
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