SHIH WEI NAVIGATION CO., LTD.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022

In its 2022 reporting, SHIH WEI NAVIGATION CO., LTD. disclosed greenhouse gas emissions of 374.8K tCO2e/year (Scope 1). By scope: Scope 1: 374.8K tCO2e/year; Scope 2: 93.670 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
374.8K tCO2e/year (Scope 1)
2022
💧
Water Usage
17.497 Megaliters/year (fleet) + 1.44 Megaliters/year (Head Office)
2022
♻️
Waste
383.063 tons/year (fleet)
2022
⚙️
Energy Use
5.1M GJ/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).374.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.93.670 tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce total carbon emissions by 23% by 2025.

📅 Medium-term

  • Reduce total carbon emissions by 40% by 2030.

🔭 Long-term

  • Reduce total carbon emissions by 70% by 2050.

🌱 ESG Focus Areas

Climate Change MitigationGreen ShippingHuman Rights ManagementOccupational Safety and HealthSocial EngagementEconomic PerformanceCorporate Governance

⚠️ Challenges & Risks +

  • Labor shortages.
  • Supply chain disruptions.
  • Global logistics restrictions and trade tensions.
  • Border closure and port congestion.
  • Difficulty for crews to swap shifts.
  • Fluctuations in the drybulk market.
  • Russia-Ukraine conflict disrupting market expectations.
  • Increasingly stringent environmental regulations.
  • Rising prices of oil and raw materials due to geopolitical tensions.
  • Potential impacts of extreme climate change.

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Universal Standards 2021, TCFD, SASB Standards - Marine Transportation
Assurance: Bureau Veritas Certification (Taiwan)