Wisdom Marine Sustainability Profile
Wisdom Marine Lines Co., Ltd., commonly referred to as Wisdom Marine, is a prominent player in the global shipping industry, headquartered in Taiwan (TW). Established in 2005, the company has rapidly expanded its operational footprint, focusing on the transportation of bulk cargo across major maritime routes. Specialising in the management and operation of a diverse fleet, Wisdom Marine offers unique services that include dry bulk shipping and vessel chartering. Their commitment to safety, efficiency, and environmental sustainability sets them apart in a competitive market. With a strong market position, Wisdom Marine has achieved significant milestones, including a robust fleet expansion and strategic partnerships that enhance their service offerings. As a trusted name in maritime logistics, Wisdom Marine continues to navigate the complexities of the shipping industry with expertise and innovation.
DitchCarbon Score
How does Wisdom Marine'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 Maritime 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
Wisdom Marine's score of 21 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wisdom Marine's reported carbon emissions
In 2023, Wisdom Marine reported total carbon emissions of approximately 1,358,022,000 kg CO2e, with significant contributions from Scope 3 emissions at about 1,358,022,000 kg CO2e, while Scope 1 and Scope 2 emissions totalled approximately 27,642,000 kg CO2e. This represents a reduction from 2022, where total emissions were about 1,759,363,000 kg CO2e, with Scope 3 emissions at approximately 1,759,363,000 kg CO2e and Scope 1 and 2 emissions at about 40,787,000 kg CO2e. The company has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. However, it continues to disclose its emissions data transparently, reflecting its commitment to addressing climate change. The emissions data is not cascaded from any parent organization, indicating that Wisdom Marine operates independently in its reporting and climate commitments. Overall, Wisdom Marine's emissions profile highlights the importance of addressing Scope 3 emissions, which constitute the majority of its carbon footprint, while also demonstrating a commitment to transparency in its environmental impact reporting.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 20,348,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 122,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,563,216,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Wisdom Marine's Industry?
How Carbon Intensive is Wisdom Marine's Location?
Wisdom Marine'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.
Wisdom Marine 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.
