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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.
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.
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.
International Seaways's score of 23 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, International Seaways reported total carbon emissions of approximately 3,801,847,000 kg CO2e, with Scope 1 emissions accounting for about 1,336,590,000 kg CO2e and Scope 2 emissions at approximately 544,000 kg CO2e. This marks an increase from 2023, where total emissions were about 3,016,762,000 kg CO2e, with Scope 1 emissions at approximately 2,226,796,000 kg CO2e and Scope 2 emissions at about 175,000 kg CO2e. The company has set a long-term commitment to achieve carbon neutrality for Scope 1 emissions by 2050, starting from 2023. This initiative reflects their dedication to addressing climate change and reducing their carbon footprint in the maritime industry. International Seaways does not currently report Scope 3 emissions, which typically encompass indirect emissions from the value chain. The emissions data is sourced directly from International Seaways, Inc., with no cascaded data from a parent or related organization. Overall, International Seaways is actively working towards significant climate commitments while navigating the challenges of emissions reduction in the shipping sector.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | 000,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | - | - |
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.