First Ship Lease Trust
First Ship Lease Trust (FSL Trust) is a prominent player in the maritime leasing industry, headquartered in Singapore (SG). Established in 2007, the trust has carved a niche in providing financing solutions for a diverse fleet of vessels, primarily focusing on the shipping and offshore sectors. FSL Trust's portfolio includes a range of modern tankers and bulk carriers, distinguished by their operational efficiency and adherence to high safety standards. The trust has achieved significant milestones, including a successful listing on the Singapore Exchange, which underscores its strong market position. With a commitment to sustainable practices and a robust asset management strategy, First Ship Lease Trust continues to be a trusted partner for shipping companies, contributing to the growth and stability of the maritime industry.
DitchCarbon Score
How does First Ship Lease Trust's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
First Ship Lease Trust's score of 20 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
First Ship Lease Trust's reported carbon emissions
In 2023, First Ship Lease Trust reported carbon emissions of approximately 4,580 kg CO2e, specifically from Scope 2 emissions. This data highlights the Trust's commitment to monitoring and managing its carbon footprint, although no Scope 1 or Scope 3 emissions data has been disclosed. Currently, First Ship Lease Trust has not set any formal reduction targets or initiatives, nor have they made specific climate pledges. This indicates a potential area for growth in their climate strategy, as the shipping industry increasingly focuses on sustainability and emissions reduction. Overall, while the Trust has made strides in tracking its emissions, further commitments and targets could enhance its climate action efforts in alignment with industry standards.
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Add to project| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 4,580 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
First Ship Lease Trust is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
