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.
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.
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.
Wisdom Marine's score of 21 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Wisdom Marine reported total carbon emissions of approximately 1,358,022,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 1,358,022,000 kg CO2e. Scope 1 emissions were approximately 27,638,000 kg CO2e, and Scope 2 emissions were about 104,000 kg CO2e. This data reflects a decrease in Scope 1 emissions from 40,675,000 kg CO2e in 2022, indicating a commitment to reducing operational emissions. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. However, Wisdom Marine is actively monitoring its emissions across all scopes, demonstrating a commitment to transparency in its environmental impact. Overall, Wisdom Marine's emissions data highlights the importance of addressing Scope 3 emissions, which represent the majority of their carbon footprint. The company continues to engage in efforts to improve its operational efficiency, as evidenced by its reported Annual Efficiency Ratio (AER) per nautical mile.
Access structured emissions data, company-specific emission factors, and source documents
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 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Wisdom Marine is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.