Wisdom Marine
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 95% 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, comprising 27,638,000 kg CO2e from Scope 1, 104,000 kg CO2e from Scope 2, and about 1,350,000,000 kg CO2e from Scope 3 emissions. This marks a significant reduction in Scope 1 emissions compared to previous years, where Scope 1 emissions peaked at 43,974,000 kg CO2e in 2020. Over the years, Wisdom Marine's emissions have shown fluctuations, with Scope 1 emissions decreasing from 43,974,000 kg CO2e in 2020 to 27,638,000 kg CO2e in 2023. Scope 2 emissions have remained relatively stable, while Scope 3 emissions have decreased from approximately 1,912,251,000 kg CO2e in 2020 to about 1,358,022,000 kg CO2e in 2023. Despite these reductions, Wisdom Marine has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its operational efficiency, as indicated by its Annual Efficiency Ratio (AER) per nautical mile, which has shown a gradual improvement over the years. Overall, Wisdom Marine's emissions data reflects a commitment to reducing its carbon footprint, particularly in Scope 1 emissions, while continuing to monitor and manage its overall environmental impact.
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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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
