International Seaways Sustainability Profile
International Seaways, Inc., a prominent player in the maritime transportation industry, is headquartered in the United States. Founded in 2016, the company has rapidly established itself as a leader in the global shipping sector, specialising in the transportation of crude oil and petroleum products. With a diverse fleet operating primarily in key regions such as the Atlantic Basin and the Middle East, International Seaways offers a range of services that include tanker operations and marine logistics. The company is recognised for its commitment to safety and environmental sustainability, setting it apart in a competitive market. Notable achievements include a strong market position bolstered by strategic partnerships and a focus on innovative shipping solutions. International Seaways continues to navigate the complexities of the maritime industry, ensuring reliable and efficient service for its clients worldwide.
DitchCarbon Score
How does International Seaways'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 Maritime Transport 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
International Seaways's score of 21 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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International Seaways's reported carbon emissions
In 2024, International Seaways reported total carbon emissions of approximately 1,934,662,000 kg CO2e, with emissions distributed across various scopes: 1,934,662,000 kg CO2e from Scope 1, 46,060 kg CO2e from Scope 2, and 50,136,000 kg CO2e from Scope 3. The Scope 3 emissions included significant contributions from purchased goods and services (about 33,140,000 kg CO2e) and business travel (approximately 888,000 kg CO2e). Comparatively, in 2023, the company recorded emissions of about 1,906,017,000 kg CO2e for Scope 1 and 37,040 kg CO2e for Scope 2, indicating a slight increase in Scope 1 emissions year-on-year. The absence of Scope 3 data for 2023 suggests a focus on direct emissions reporting. International Seaways has not publicly committed to specific reduction targets or initiatives, as indicated by the lack of documented reduction targets or climate pledges. The company’s emissions data is sourced directly from International Seaways, Inc., with no cascading from a parent or related organization. Overall, while International Seaways has made strides in emissions reporting, the absence of reduction commitments highlights an area for potential improvement in their climate strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,053,451,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - | 00,000,000 |
How Carbon Intensive is International Seaways's Industry?
How Carbon Intensive is International Seaways's Location?
International Seaways's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 3% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.
Top Scope 3 Categories
International Seaways's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
International Seaways has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
