Yang Ming Marine Transport Corporation

Yang Ming Marine Transport Corporation, headquartered in Taiwan, reported total emissions of approximately 5.61 billion kg CO2e in 2024. This included about 4.36 billion kg CO2e in Scope 1 emissions, 17.03 million kg CO2e in Scope 2 emissions, and approximately 1.23 billion kg CO2e in Scope 3 emissions.

In 2023, the company reported Scope 1 emissions of approximately 4.21 billion kg CO2e, Scope 2 emissions of about 18.14 million kg CO2e, and Scope 3 emissions of approximately 1.51 billion kg CO2e. For 2022, reported emissions included roughly 4.03 billion kg CO2e for Scope 1, 11.20 million kg CO2e for Scope 2, and 648.04 million kg CO2e for Scope 3. In 2021, Yang Ming Marine Transport Corporation's Scope 1 emissions were approximately 3.99 billion kg CO2e, Scope 2 emissions were about 10.73 million kg CO2e, and Scope 3 emissions were roughly 120.93 million kg CO2e.

Yang Ming Marine Transport Corporation is committed to significant carbon reductions. The company aims for net-zero or near-zero Scope 3 upstream emissions by 2050, with interim targets of a 20% reduction by 2030 and a 70% reduction by 2040 (compared to an unspecified base year, starting in 2023). Additionally, the company targets a 20% reduction in absolute GHG emissions from its fleet by 2030 compared to 2018 levels, and a 25% reduction in absolute GHG emissions from onshore operations by 2030 compared to 2023 levels. The company also has a long-term goal of achieving net-zero emissions across all scopes by 2050. Notably, as of 2024, the carbon intensity of Yang Ming’s operating vessels reached 37g CO₂/TEU-km, representing a 62.76% reduction from the 2008 base year, exceeding the IMO’s 40% reduction target for 2030.