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 43% 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 increased its overall emissions by 30% since 2019
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 in inland water transportation services, has established significant climate commitments. For the reporting year 2023, the company's total carbon emissions were approximately 5,340,921,470 kg CO2e. This total encompasses Scope 1 emissions of about 4,451,158,190 kg CO2e, Scope 2 emissions of approximately 14,150,080 kg CO2e, and Scope 3 emissions amounting to approximately 895,793,200 kg CO2e, which includes capital goods, waste generated in operations, and fuel and energy-related activities.
In 2022, Wan Hai Lines Ltd. reported total emissions of approximately 5,372,494,380 kg CO2e, with Scope 1 emissions at about 5,359,084,490 kg CO2e, Scope 2 at approximately 13,409,890 kg CO2e, and Scope 3 at about 1,947,397,100 kg CO2e. The previous year, 2021, saw total emissions of approximately 4,954,252,640 kg CO2e, comprising Scope 1 emissions of about 4,940,589,520 kg CO2e, Scope 2 of approximately 13,663,120 kg CO2e, and Scope 3 of about 2,989,581,700 kg CO2e, with reported categories including capital goods and fuel and energy-related activities.
Wan Hai Lines Ltd. has outlined ambitious reduction targets aligned with the IMO's guidelines. The company aims to achieve a 40% reduction in carbon emissions intensity by 2030, using 2008 as the base year. Furthermore, Wan Hai Lines Ltd. is committed to reaching net zero emissions by 2050, also with 2008 as the base year. A separate target mentions a 50% reduction in carbon emissions intensity by 2030 and net zero emissions by 2050, compared to 2008 levels.
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Wan Hai Lines Ltd.’s Climate Goals (2030 & 2050)
4 goals2030
40% reduction in Scope 2
In line with the IMO's GHG reduction targets, we aim to reduce carbon emissions intensity by 40% by 2030 and achieve net zero emissions by 2…
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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