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U-Ming Marine Transportation Corporation

U-Ming Marine Transport Corporation is a publicly listed company headquartered in Taiwan, China. In 2021 its revenue was USD 0.57 billion. The U-Ming Transportation Company (U-Ming Marine) is a bulk shipping company established in 1984. The company operates a fleet of 61 vessels and specialises in the transport of metal ore and coal.

Ranking position
#69 /90
Total score
10.6 /100

ACT
9.1 /60
Core social indicators
1.5 /20
Just transition
0.0 /20

ACT score components

Performance score
1.4 /20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-90)

Targets

9.5 /100 #46

Material investment

0.0 /100 #53

Intangible investment

5.0 /100 #24

Sold products

N/A

Management

39.5 /100 #41

Supplier engagement

0.0 /100 #70

Client engagement

0.0 /100 #62

Policy engagement

20.0 /100 #38

Business model

3.8 /100 #43

ACT assessment

Leading practices

No leading practices were identified for the company.

Risks and opportunities

Trend

U-Ming Marine Transport Corp receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company’s targets do not show significant ambition and do not align with its 1.5°C pathway. The company’s emissions intensity has increased over the last three years. U-Ming has developed a broad transition plan but it lacks detail and is not informed by scenario analysis. The company has not implemented board-level oversight of climate change and has not incorporated emissions reduction into its executive compensation.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core social assessment

More about the company

Headquarters
Taipei City, Taiwan, China
Revenue
USD 0.57 billion
Ownership
Publicly listed
Employees
841
Website
https://www.uming.com.tw/index.aspx