Frontline

Frontline, a Bermuda-headquartered company in the sea and coastal water transportation services industry, reported approximately 3.096 billion kg CO2e in Scope 1 emissions for 2024. In the same year, Scope 2 market-based emissions were 146,200 kg CO2e, and Scope 3 business travel emissions were 107,400 kg CO2e. This data was disclosed in their 2024 ESG Report.

Looking back, in 2023, Frontline's Scope 1 emissions were approximately 2.317 billion kg CO2e, with Scope 2 market-based emissions at 2,100 kg CO2e, and Scope 3 business travel emissions at 37,000 kg CO2e. In 2022, Scope 1 emissions stood at approximately 2.111 billion kg CO2e, Scope 2 market-based emissions at 35,700 kg CO2e, and Scope 3 business travel emissions at 83,100 kg CO2e. The company reported a Scope 1 and 2 emission factor of 1.509786796138286 per USD revenue in 2024, down from 1.285864872843172 in 2023.

Frontline has disclosed its Scope 1, 2, and 3 emissions for these years, though certain Scope 3 categories, such as purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution, were not reported. The company uses the Carbon Intensity Indicator (CII) fleet weighted average as a production emission factor, which was 0.0021 DWT-nm in 2024, an improvement from 0.00232 DWT-nm in 2023 and 0.0025 DWT-nm in 2022.

Frontline has not published any specific carbon reduction targets, nor does it participate in the Science Based Targets initiative (SBTi). All reported emissions data originates directly from Frontline plc.