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OrganisationsFlex Lng
Flex Lng logo

Flex Lng

Inland Water TransportUnited KingdomNYSE: FLNG
Last verified 2 months agoflexlng.com

Flex LNG Ltd., headquartered in Great Britain, is a prominent player in the inland water transportation services industry. Founded in 2008, the company has established itself as a leader in the transportation of liquefied natural gas (LNG), with a focus on providing innovative and efficient shipping solutions.

With a fleet of state-of-the-art vessels, Flex LNG offers unique services that cater to the growing demand for cleaner energy alternatives. The company operates primarily in key markets across Europe and North America, ensuring reliable and safe transportation of LNG.

Flex LNG's commitment to sustainability and operational excellence has positioned it as a trusted partner in the energy sector, achieving significant milestones in fleet expansion and technological advancements. As the industry evolves, Flex LNG continues to adapt, reinforcing its market position and dedication to delivering exceptional service.

29
DitchCarbon score

+14 vs industry average

Flex Lng’s score of 29 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Inland Water Transport is among the most carbon-intensive industries

Industry performance

0.743
20192025

The Inland Water Transport industry has increased its overall emissions by 30% since 2019

Emissions trajectory 2020 – 2028

0.0B0.0B000M000M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Flex Lng's reported carbon emissions

Flex Lng, headquartered in GB and operating in inland water transportation services, has reported significant carbon emissions across its operations. For 2025, the company reported approximately 786,046,000 kg CO2e for Scope 1 emissions and 266,196,000 kg CO2e for Scope 3 (business travel). In 2024, Scope 1 emissions were approximately 751,929,000 kg CO2e, with Scope 3 (business travel) at about 1,665,000 kg CO2e. For 2023, Scope 1 emissions stood at approximately 745,186,000 kg CO2e, and Scope 3 (business travel) at about 3,093,000 kg CO2e. In earlier reporting years, Scope 1 emissions were approximately 800,461,000 kg CO2e in 2022 and approximately 759,086,000 kg CO2e in 2021. For 2020, Scope 1 emissions were approximately 485,793,000 kg CO2e. Flex Lng has established ambitious climate commitments, including a near-term target to achieve a 25% reduction in absolute emissions by 2030, relative to a 2018 baseline. Furthermore, the company aims for a 65% reduction by 2040. Looking further ahead, Flex Lng has set a long-term goal of Net Zero Emissions by 2050, encompassing Scope 1, 2, and 3 emissions. The company's reporting indicates Scope 1 and Scope 3 data are available for several years, with Scope 2 data not always disclosed.

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Flex Lng’s Climate Goals (2030 & 2050)

2 goals

2030

25% reduction in all scopes

-25% at 2030 vs. 2018 and -65% at 2040

Insufficient data25%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

1 of 15 categories disclosed
Business Travel100%
Business Travel100%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Flex Lng logoFlex Lng
GBInland Water Transport
2 months ago
29
Royal Dutch Shell logoRoyal Dutch Shell
GBPetroleum Refineries
3 hours ago
86
View
TotalEnergies logoTotalEnergies
FRPetroleum Refineries
2 days ago
71
View
Bp logoBp
GBCrude Petroleum Extraction
1 day ago
44
View
Equinor logoEquinor
NOCrude Oil Extraction
4 days ago
36
View
Chevron logoChevron
USCrude Oil Extraction
2 days ago
32
View
Exxonmobil logoExxonmobil
USCrude Oil Extraction
27 minutes ago
29
View

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Ditchcarbonv260319.2
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