International Seaways
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 59% 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 2023, International Seaways reported significant carbon emissions, with Scope 1 emissions totalling approximately 1,906,017,000 kg CO2e and Scope 2 emissions at about 37,040 kg CO2e. This data reflects the company's ongoing commitment to transparency in its environmental impact. Over the past few years, emissions have shown fluctuations, with Scope 1 emissions recorded at approximately 1,922,820,000 kg CO2e in 2022 and about 2,217,788,000 kg CO2e in 2021. Notably, the company has set a long-term target for carbon neutrality in Scope 1 emissions by 2050, indicating a proactive approach to addressing climate change. International Seaways has not disclosed any Scope 3 emissions data, which typically encompasses indirect emissions from the value chain. The company is actively working on initiatives to improve its carbon footprint, including a focus on fleet energy efficiency, as evidenced by its reported Fleet Energy Efficiency Operational Indicator (EEOI) values. Overall, International Seaways is taking steps towards reducing its carbon emissions, with a clear commitment to achieving net-zero emissions in its direct operations by 2050.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,053,451,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 00,000 | 00,000 |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
International Seaways is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
