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OrganisationsYang Ming Marine Transport Corporation
Yang Ming Marine Transport Corporation logo

Yang Ming Marine Transport Corporation

Transport Equipment ManufacturingTaiwanTAI: 2609.TW
Last verified 5 months agoyangming.com

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.

34
DitchCarbon score

+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

Medium

Transport Equipment Manufacturing has typical carbon intensity

Industry performance

0.533
20182025

The Transport Equipment Manufacturing industry has reduced its overall emissions by 31% since 2018

Emissions trajectory 2020 – 2026

0.0B0B0.0B0.0B0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

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 goals

2030

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…

Behind target20%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

7 of 15 categories disclosed
Fuel & Energy Activities50%
Capital Goods48%
Downstream Leased Assets2%
Business Travel0%
Employee Commuting0%
Upstream Transportation & Distribution0%
Waste Generated in Operations0%
Fuel & Energy Activities50%
Capital Goods48%
Downstream Leased Assets2%
Business Travel0%
Employee Commuting0%
Upstream Transportation & Distribution0%
Waste Generated in Operations0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Yang Ming Marine Transport Corporation logoYang Ming Marine Transport Corporation
TWTransport Equipment Manufacturing
5 months ago
34
Ap Moller Maersk logoAp Moller Maersk
DKMaritime Transport
2 days ago
72
View
Unifeeder logoUnifeeder
DKMaritime Transport
4 days ago
56
View
Hapag-Lloyd logoHapag-Lloyd
DEDeep Sea Freight Transportation
4 days ago
51
View
Shanghai Zhonggu Logistic logoShanghai Zhonggu Logistic
CNBusiness Services
4 days ago
41
View
ZIM Shipping logoZIM Shipping
ILPipeline Transportation
13 days ago
31
View
Evergreen Marine Corporation (Taiwan) Ltd. logoEvergreen Marine Corporation (Taiwan) Ltd.
TWMaritime Transport
1 month ago
30
View

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