Frontline, officially known as Frontline Ltd., is a prominent player in the sea and coastal water transportation services industry, headquartered in BM. Founded in 1992, the company has established itself as a leader in the transportation of crude oil and refined petroleum products, operating primarily in key maritime regions across the globe.
With a diverse fleet of modern tankers, Frontline is renowned for its commitment to safety, efficiency, and environmental sustainability. The company’s innovative approach to logistics and its strategic positioning in the market have garnered significant recognition, making it a trusted partner in the maritime sector. Frontline continues to set benchmarks in the industry, reflecting its dedication to excellence and operational integrity.
+6 vs industry average
Frontline’s score of 14 is higher than 51% 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
Maritime Transport is among the most carbon-intensive industries
Industry performance
The Maritime Transport industry has reduced its overall emissions by 28% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Frontline's reported carbon emissions
Frontline, a prominent name in sea and coastal water transportation services headquartered in BM, is actively addressing its carbon footprint. For the 2024 reporting year, the company reported a Scope 1 emissions total of approximately 3,095,498,000 kg CO2e. Scope 2 emissions, measured on a market basis, were approximately 146,200 kg CO2e, with location-based Scope 2 emissions at approximately 6,500 kg CO2e. Additionally, Scope 3 emissions related to business travel amounted to approximately 107,400 kg CO2e.
In the 2023 reporting year, Frontline's Scope 1 emissions were approximately 2,317,363,000 kg CO2e, while Scope 2 market-based emissions were about 2,100 kg CO2e, and location-based Scope 2 emissions were approximately 800 kg CO2e. Business travel-related Scope 3 emissions for 2023 were approximately 37,000 kg CO2e.
Looking back, in 2022, Scope 1 emissions stood at approximately 2,110,633,000 kg CO2e, with Scope 2 market-based emissions at approximately 35,700 kg CO2e and location-based at about 500 kg CO2e. Business travel Scope 3 emissions for 2022 were approximately 83,100 kg CO2e. For the 2021 reporting year, Scope 1 emissions were around 2,081,481,000 kg CO2e, and Scope 2 market-based emissions were approximately 66,000 kg CO2e, with Scope 3 emissions totalling around 9,300 kg CO2e. In 2020, Scope 1 emissions were approximately 1,849,822,000 kg CO2e.
Frontline's ESG reports highlight a fleet-weighted average Carbon Intensity Indicator (CII) of 0.0021 for 2024, 0.00232 for 2023, and 0.0025 for both 2022 and 2021, measured in DWT-nm. The company's reporting covers Scope 1, 2, and 3 emissions, although specific data points for certain Scope 3 categories like purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution were not detailed in the provided information for 2024, 2023, and 2022. Frontline has not publicly disclosed specific reduction targets or joined initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge as per the latest available information.
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Frontline’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Frontline yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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