2025-11-26
Latest News

Yang Ming Charts a Sustainable Course Recognized with TCSA's "Top 100 Model Companies for Excellence in Overall Performance" and "Gold Award in Sustainability Reporting – Transportation Industry Category I"

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Yang Ming Charts a Sustainable Course Recognized with TCSA's "Top 100 Model Companies for Excellence in Overall Performance" and "Gold Award in Sustainability Reporting – Transportation Industry Category I"

 

Yang Ming has once again been recognized at the 2025 Taiwan Corporate Sustainability Awards (TCSA), organized by the Taiwan Institute for Sustainable Energy. Marking its fifth consecutive year of participation, Yang Ming competed in both the "Overall Performance" and "Sustainability Reporting" categories. This year, the company received the "Top 100 Model Companies for Excellence in Overall Performance" and the "Gold Award in Sustainability Reporting – Transportation Industry Category I." The awards highlight Yang Ming's commitment to sustainability practices and transparent sustainability reporting. The honors were accepted on November 26 by President Cliff Pai, on behalf of the company.

Yang Ming operates under the vision of becoming "the preferred carrier for global customers and an influential leader in the transport industry." The company continues to strengthen its sustainability actions as part of its corporate responsibility. In response to global climate challenges, Yang Ming began adopting sustainable marine biofuel for its operating fleet in 2024, while actively promoting fleet renewal, retrofitting energy-saving devices, and installing shore power systems. By the end of 2024, Yang Ming achieved a 62.74% reduction in fleet carbon intensity compared with the 2008 baseline―surpassing the IMO's 2030 target ahead of schedule.

Looking ahead, Yang Ming will continue its fleet modernization roadmap. Starting in 2026, the company will deploy LNG dual-fuel full-container vessels, followed by methanol dual-fuel-ready full-container vessels scheduled for delivery between 2028 and 2029. These efforts aim to enhance fleet competitiveness and align with global decarbonization trends.

Beyond climate action, Yang Ming declared its "Biodiversity Conservation and No Deforestation Commitment" in 2024 and further adopted the TNFD (Taskforce on Nature-related Financial Disclosures) framework. Using the LEAP methodology, the company assesses nature-related risks and opportunities across ecosystems and formulates strategies to strengthen resilience and promote a balanced relationship with nature―demonstrating its commitment to contributing to a sustainable future.

Yang Ming also upholds integrity as the foundation of corporate governance. In 2024, the company implemented the ISO 37001 Anti-Bribery Management System and successfully obtained certification in 2025, reinforcing its dedication to sound governance and ethical business practices.

On the social front, Yang Ming continues to collaborate with academic institutions to support maritime education, participate in seafarer development programs, offer at-sea internships and scholarships, and sponsor outstanding athletes―embodying the principle of giving back to society.

As sustainability challenges continue to evolve across environmental, governance, and social dimensions, Yang Ming remains committed to steady growth in its core container shipping business while balancing revenue generation with environmental stewardship. Through professional service, the company fulfills its commitments to customers; through concrete action, it contributes positively to the planet. Yang Ming also leverages its annual Sustainability Report as a key communication platform to engage stakeholders on material issues and corresponding strategies.

Going forward, Yang Ming will continue advancing energy-saving and emission-reduction initiatives, protecting biodiversity, strengthening operational resilience, and accelerating digital service development with the goal of providing customers with more efficient, safer, and low-carbon sustainable transport solutions.

  • 251126-TCSA
    Yang Ming received recognition at the TCSA Taiwan Corporate Sustainability Awards, earning the "Top 100 Model Companies for Excellence in Overall Performance" and the "Gold Award in Sustainability Reporting – Transportation Industry Category I." The awards were presented by Dr. Eugene Chien (left), Chairman of the Taiwan Institute for Sustainable Energy, and accepted on behalf of the company by President Cliff Pai (right).

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Yang Ming continues to proactively advance its energy transition strategy in response to evolving international environmental regulations. In 2026, Yang Ming will progressively introduce newly built 15,500 TEU class container vessels primarily fueled by liquefied natural gas (LNG) into its operating fleet. The lead vessel, YM Willpower, completed partial LNG bunkering at the shipyard prior to delivery and was officially deployed on February 8 into Yang Ming’s Far East–Mediterranean MD2 service. On February 26, through close collaboration with the Maritime and Port Authority of Singapore (MPA) and energy supplier Shell Eastern Trading (Pte) Ltd. (Shell), YM Willpower successfully bunkered around 3,500 metric tons of LNG in Singapore. The LNG supplied will serve as the vessel’s primary fuel for the entire voyage. This milestone signifies Yang Ming’s concrete progress in low-carbon transformation and the provision of emission-reduction solutions to customers, further demonstrating the Company’s firm commitment toward the gradual realization of net-zero emissions.

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Yang Ming Deepens Maritime–Academia Collaboration Partnering with Dong Gang Maritime High School to Cultivate the Next Generation of Marine Engineering Professionals

Guided by its commitment to sustainable operations and talent development, Yang Ming held a signing ceremony for a Maritime Personnel Talent Development Cooperation Agreement with National Dong Gang Senior High School of Marine Science and Aquaculture (hereinafter referred to as "Dong Gang Maritime") on January 21 at Yang Ming's Qidu Headquarters Building. The agreement was signed by Chairman Dr. Chuck F. M. Tsai on behalf of Yang Ming and Principal Hung Chia-Huang on behalf of Dong Gang Maritime.

Yang Ming Deepens Maritime–Academia Collaboration Partnering with Dong Gang Maritime High School to Cultivate the Next Generation of Marine Engineering Professionals
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