Frontline

Frontline's reported carbon emissions

Frontline, a prominent player in sea and coastal water transportation services headquartered in BM, reported substantial carbon emissions for the 2024 reporting year, totalling approximately 3.4 billion kg CO2e. This figure encompasses Scope 1 (direct emissions) and Scope 2 (indirect emissions from purchased energy), alongside partial Scope 3 emissions related to business travel. For the 2024 reporting year, Frontline's Scope 1 emissions were approximately 3.1 billion kg CO2e. Scope 2 emissions, utilising market-based accounting, were around 146,200 kg CO2e, while location-based Scope 2 emissions stood at approximately 6,500 kg CO2e. Scope 3 emissions for business travel accounted for approximately 107,400 kg CO2e. Looking at previous years, Frontline's emissions in the 2023 reporting year were approximately 2.5 billion kg CO2e. This included Scope 1 emissions of about 2.3 billion kg CO2e and market-based Scope 2 emissions of approximately 2,100 kg CO2e. Scope 3 business travel emissions were around 37,000 kg CO2e. In the 2022 reporting year, total emissions reached approximately 2.3 billion kg CO2e. This consisted of Scope 1 emissions of about 2.1 billion kg CO2e and market-based Scope 2 emissions of approximately 35,700 kg CO2e. Scope 3 business travel emissions were approximately 83,100 kg CO2e. For the 2021 reporting year, Frontline reported total emissions of approximately 2.1 billion kg CO2e, with Scope 1 emissions around 2.08 billion kg CO2e and Scope 2 market-based emissions of about 66,000 kg CO2e. Scope 3 emissions for this year totalled approximately 9,300 kg CO2e. In the 2020 reporting year, Frontline's Scope 1 emissions were approximately 1.85 billion kg CO2e. Scope 2 emissions data for this period was not fully disclosed. Frontline utilises the Carbon Intensity Indicator (CII) fleet-weighted average as a key metric for its environmental performance. For instance, the CII fleet-weighted average was reported as 0.0021 DWT-nm for the 2024 reporting year, 0.00232 DWT-nm for 2023, and 0.0025 DWT-nm for both 2022 and 2021. The company's ESG reports indicate a commitment to transparency, with disclosed scopes including 1, 2, and 3 for the years 2021, 2022, 2023, and 2024. However, specific reduction targets or achievements aligned with initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge are not detailed in the provided information. Frontline's climate commitments are not cascaded from a parent organisation.