Environmental Management Policy 

 

Yang Ming upholds the core value of achieving environmental sustainability through energy saving and emissions reduction. The Company became the first carrier in Taiwan to obtain the ISM certification in 1996. For the ISO 14001 Environmental Management System certification obtained in 2004, the scope covers 100% of our operating locations, including the headquarters in Qidu, Taiwan Business Dept., and Keelung Branch (including the Keelung Yang Ming Container Yard), Taichung Branch, Kaohsiung Branch, and the fleet. The highest management position, the Chairman, is responsible for approving environmental management policies and assigning management representatives to supervise management system promotion, system improvement, and the execution of action plans. The Company holds ISO/ISM management review meetings annually to report on the promotion performance to the Chairman and executives. The Audit Department conducts internal audits and commissions an external verifier for third-party verification. We continuously promote green transport, digital low-carbon transformation, and sustainable supply chain management, control environmental risks, and are committed to protecting marine ecology, reducing carbon emissions and air pollution, and creating a sustainable future for the earth's environment.

In order to fulfill the specific commitment to net-zero carbon emissions by 2050, the Company conducts GHG inventory every year and passes third-party verification to understand the total carbon emissions of our own operations and formulate decarbonization pathway & strategies. The Company continually builds a green, energy-efficient fleet by gradually replacing old ships with new ships and retrofitting existing ships. By monitoring big data through our Smart Ship Center and other smart technologies, we optimize our vessel energy savings. We have started the construction of 5 15,500 TEU LNG dual-fuel container ships, which are expected to be delivered from 2026 onwards. In addition, we have established a dedicated unit to actively pay attention to the various energy-saving devices for ships and the development trends of future marine fuels. We have joined The Silk Alliance as a founding member, the Getting to Zero Coalition, and the Society for Gas as a Marine Fuel to join hands with companies in the shipping industry chain to implement fuel transformation. Starting from 2024, we will use sustainable biofuels in our operating fleet, and we will continue to deploy more duel-fuel capable and energy efficient vessels to further reduce the impact to the environment. In addition, Yang Ming's offices have adopted ecological green roofs and promoted renewable procurement. They have carried out energy conservation and carbon reduction measures to improve energy efficiency, and implemented local procurement, green procurement, and source reduction measures, in order to reduce energy consumption and waste of resources and further decrease GHG emissions, hoping to become a sustainability leader in the global shipping industry.


Yang Ming’s Environmental Protection Policy, please find Certifications
 

Use of Shore Power to Reduce the Impact of Ships on the Environment

 

WBCT, Yang Ming's U.S.-based invested company, sets up and manages 16 Alternative Maritime Power (AMP) systems, and our Kao Ming Container Terminal Corp. is an eco-friendly terminal using green energy and equipped with 6 AMP systems for use by container ships when calling at the port. In addition, Kao Ming actively cooperates with the Ministry of Environment in shore power promotion to facilitate the development of environmental protection in Taiwan.

During the operations of a ship at a port, powering lighting, air conditioning, and other necessary operations by connection to shore power can reduce emissions and air pollution from the use of generator fuel at the port. In Yang Ming's fleet, 61.70% ships are equipped with shore power equipment, and we actively cooperate with ports for connection to shore power at the terminal, including the Port of Los Angeles, Port of Oakland, Port of Yantian, Port of Busan, and Port of Yantian, Shanghai, Ningbo, Shekou, Xiamen, and Guangzhou of China, to reduce the carbon emissions and air pollution caused by the use of generators. In 2023, the amount of shore power used totaled 1,558,865 kWh, which not only saved more than 3,713.8463 tons of marine fuel, but also reduced 11,596.8678 tons of GHG emissions and air pollution emissions such as sulfur oxides and nitrogen oxides.

 

Yang Ming’s Operating Vessels Installed with AMP Systems

 
Own ships  19 + 5 ships with AMP container modules
Chartered ships  4 ships + 30 ships with AMP container modules
 

Decarbonization Pathway

 
2021
  • ISO 14064 GHG inventory baseline year
Note:Baseline year 2021 for GHG inventory4,000,525.4688 (tCO2e) for Scope 1+2.
2024
  • Carbon intensity is no higher than that of 2023
  • Absolute GHG emissions do not exceed those in 2023
2025
  • Reduce the carbon intensity by 20% compared to 2020
2030
  • Reduce absolute GHG emissions from the fleet by 20% compared to 2018
  • Reduce absolute GHG emissions from onshore by 25% compared to 2023
2050
  • Achieve net-zero emissions


Decarbonization Strategies and Goals

 
  Energy Efficiency Improvement Equipment Update Low-carbon Innovation
Operating Fleet
  • Hull optimization (adopting energy-saving propellers and hull design as per the practical operating profile)
  • Use of the Low-Load Tuning EGB mode with the main engine
  • Monitoring with the smart Green Shipping Module
  • 100% engine power limitation modification rate
  • Regularly monitor the management of operating ships' fuel consumption (the CII goal is to receive a C rating or higher).
  • 100% installation of alternative maritime power by 2030
  • Delivery of 5 LNG dual-fuel container ships starting from 2026
  • 60% of the overall operating fleet are eco-friendly and energy-efficient ships by 2030
  • Use of biofuels
  • Net-zero fuels account for at least 5% of total fleet fuel usage by 2030
  • Research, analysis and assessment on the selection of low-carbon and green fuels design for newbuilding ships and onboard carbon capture technology
Onshore Business Locations
  • Adoption of energy-efficient LED lighting equipment, zoning lighting, and induction lights
  • Automatic switch of elevators, computers and printers to power saving mode
  • Reduce the average power usage effectiveness (PUE) of server rooms by up to 5% compared to 2023 and up to 15% by 2030
  • Install a building rainwater storage and utilization system
  • Prioritized purchase of equipment with a Level 1 energy efficiency label
  • Air conditioning unit update
  • Electrify 100% of newly purchased operating equipment by 2030
  • 100% of company cars are electric vehicles by 2030
  • Plan the setup of charging piles in the building
  • Rooftop solar photovoltaic planning
  • Building energy assessment and carbon emissions monitoring
  • The use of renewable energy in self-owned office buildings in Taiwan achieve RE20 by 2024, RE30 by 2025, and RE40 by 2030
  • For the promotion of office digitalization, 99% of official documents are electronic; 45% of attachments to vouchers payable are electronic; and 99% of operations for shipowner bills are cloudbased
Net-Zero Investment
  • Invest in and sponsor carbon fixation and carbon reduction-related industrial innovation plans, and undertake green financing products that amount to USD 10 million


 
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