Yang Ming Marine Transport Corporation
Yang Ming Marine Transport Corporation, commonly referred to as Yang Ming, is a prominent player in the global shipping industry, headquartered in Taiwan (TW). Established in 1972, the company has grown to become a key provider of container shipping services, operating across major regions including Asia, Europe, and North America.
Specialising in the transportation of goods via a modern fleet, Yang Ming offers a range of services that include container shipping, logistics, and terminal operations. The company is recognised for its commitment to innovation and sustainability, continually enhancing its fleet to meet environmental standards. With a strong market position, Yang Ming has achieved notable milestones, including significant expansions and partnerships that bolster its competitive edge in the maritime sector.
+7 vs industry average
Yang Ming Marine Transport Corporation’s score of 34 is higher than 55% 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
Transport Equipment Manufacturing has typical carbon intensity
Industry performance
The Transport Equipment Manufacturing industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Yang Ming Marine Transport Corporation's reported carbon emissions
Yang Ming Marine Transport Corporation, headquartered in TW and operating in the "Other transport equipment (35)" industry, reported a total of approximately 6.74 billion kg CO2e in emissions for the year 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
Specifically for 2023, Scope 1 emissions were approximately 4.21 billion kg CO2e, Scope 2 emissions were around 18.14 million kg CO2e, and Scope 3 emissions totalled approximately 1.51 billion kg CO2e. Within Scope 3, notable categories include capital goods at about 722.37 million kg CO2e and fuel and energy-related activities at approximately 750.72 million kg CO2e.
In 2022, the company's total emissions were approximately 4.70 billion kg CO2e, with Scope 1 at around 4.03 billion kg CO2e, Scope 2 at approximately 11.20 million kg CO2e, and Scope 3 at roughly 648.04 million kg CO2e.
Yang Ming has established significant climate commitments. The company aims for a 20% reduction in absolute GHG emissions from its fleet by 2030 compared to 2018, and a 25% reduction in absolute GHG emissions from onshore operations by 2030 compared to 2023. Looking further ahead, Yang Ming is targeting net-zero or near-zero emissions by 2050. As of 2024, the carbon intensity of Yang Ming's operating vessels has reached 37g CO2/TEU-km, representing a 62.76% reduction from the 2008 base year, surpassing the IMO's 2030 target of 40% reduction.
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Yang Ming Marine Transport Corporation’s Climate Goals (2030 & 2050)
4 goals2030
20% reduction in all scopes
2030: Reduce absolute GHG emissions from the fleet by 20% compared to 2018; reduce absolute GHG emissions from onshore by 25% compared to 20…
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
7 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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