Scorpio Tankers Sustainability Profile
Scorpio Tankers Inc., commonly referred to as Scorpio Tankers, is a leading player in the maritime shipping industry, headquartered in Monaco (MC). Founded in 2010, the company has rapidly established itself as a prominent operator of product tankers, focusing on the transportation of refined petroleum products and chemicals across major global trade routes. With a modern fleet that includes a diverse range of vessels, Scorpio Tankers is renowned for its commitment to operational efficiency and environmental sustainability. The company’s strategic positioning in key operational regions, including Europe, North America, and Asia, enhances its competitive edge in the market. Notable achievements include a robust fleet expansion and a strong emphasis on technological innovation, solidifying Scorpio Tankers' reputation as a trusted partner in the shipping sector.
DitchCarbon Score
How does Scorpio Tankers'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
Scorpio Tankers's score of 27 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Scorpio Tankers's reported carbon emissions
In 2024, Scorpio Tankers reported total carbon emissions of approximately 478,592,000 kg CO2e. This figure includes significant contributions from Scope 1 emissions, which total about 1,835,650,000 kg CO2e, primarily from mobile combustion activities. Scope 2 emissions were reported at approximately 493,000 kg CO2e, while Scope 3 emissions accounted for about 383,409,000 kg CO2e from downstream leased assets, alongside other categories such as purchased goods and services. The company has not disclosed specific reduction targets or initiatives as part of its climate commitments. There are no emissions data cascaded from a parent company, and all reported figures are directly from Scorpio Tankers Inc. The organisation is actively engaged in monitoring its emissions across all scopes, but it has not yet established formal science-based targets or climate pledges. Overall, Scorpio Tankers is focused on transparency in its emissions reporting, with a commitment to understanding and managing its carbon footprint in the maritime industry.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,332,699,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | 000,000,000 |
How Carbon Intensive is Scorpio Tankers's Industry?
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Scorpio Tankers's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 21% of total emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 80% of Scope 3 emissions.
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Scorpio Tankers'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.
Scorpio Tankers 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.
