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Flex LNG Ltd., headquartered in Great Britain, is a prominent player in the inland water transportation services industry. Founded in 2008, the company has established itself as a leader in the transportation of liquefied natural gas (LNG), with a focus on providing innovative and efficient shipping solutions.
With a fleet of state-of-the-art vessels, Flex LNG offers unique services that cater to the growing demand for cleaner energy alternatives. The company operates primarily in key markets across Europe and North America, ensuring reliable and safe transportation of LNG.
Flex LNG's commitment to sustainability and operational excellence has positioned it as a trusted partner in the energy sector, achieving significant milestones in fleet expansion and technological advancements. As the industry evolves, Flex LNG continues to adapt, reinforcing its market position and dedication to delivering exceptional service.
28
DitchCarbon score
+12 vs industry average
Flex Lng’s score of 28 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Inland Water Transport is among the most carbon-intensive industries
Industry performance
1.042
20182025
The Inland Water Transport industry has reduced its overall emissions by 28% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Flex Lng's reported carbon emissions
Flex LNG, a UK-headquartered company in the inland water transportation services industry, reported its carbon emissions for 2025 as about 786,046,000 kg CO2e for Scope 1 and approximately 266,196,000 kg CO2e for Scope 3 business travel. For 2024, Scope 1 emissions were approximately 751,929,000 kg CO2e, with Scope 3 business travel at about 1,665,000 kg CO2e. In 2023, Scope 1 emissions stood at around 745,186,000 kg CO2e, and Scope 3 business travel at roughly 3,093,000 kg CO2e.
Looking back, Flex LNG's Scope 1 emissions were approximately 800,461,000 kg CO2e in 2022, about 759,086,000 kg CO2e in 2021, and approximately 485,793,000 kg CO2e in 2020. Scope 2 emissions were not disclosed for any of these years.
The company has set ambitious climate commitments, aiming for a 25% reduction in absolute emissions across all scopes by 2030, compared to a 2018 baseline, and a 65% reduction by 2040. Furthermore, Flex LNG is committed to achieving Net Zero Emissions by 2050. These targets include Scope 1, 2, and 3 emissions.
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Flex Lng’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Flex Lng4 months ago
28
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