Public Profile

Scorpio Tankers

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.

17

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.

9

Industry Benchmark

Scorpio Tankers's score of 17 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Scorpio Tankers's reported carbon emissions

In 2023, Scorpio Tankers reported carbon emissions of approximately 2,362,449,000 kg CO2e from Scope 1 and 386,000 kg CO2e from Scope 2. This marks a slight increase in Scope 1 emissions compared to 2022, where emissions were about 2,329,945,000 kg CO2e for Scope 1 and 481,000 kg CO2e for Scope 2. The company has consistently disclosed its Scope 1 emissions, which reflect direct emissions from owned or controlled sources. However, there is no available data on Scope 3 emissions, which would encompass indirect emissions from the value chain. Despite the fluctuations in emissions, Scorpio Tankers has not set specific reduction targets or initiatives as part of its climate commitments. The company continues to focus on improving energy efficiency, as indicated by its use of the Energy Efficiency Design Index (EEDI) for new ships, although no specific metrics for emissions reductions have been disclosed. Overall, Scorpio Tankers is actively monitoring its carbon footprint but has yet to establish formal reduction targets or commitments within the industry context.

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2019202020222023
Scope 1
2,499,006,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
-
000,000
000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Scorpio Tankers's primary industry is Sea and coastal water transportation services, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Scorpio Tankers is headquartered in MC, which has a rank of very low, indicating very low grid carbon 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.

Scorpio Tankers is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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