FLEX LNG

Sustainability Report and Carbon Intensity Rankings

Is FLEX LNG doing their part?

Their DitchCarbon score is 31

FLEX LNG has a DitchCarbon Score of 31 out of 100, indicating a lower performance in sustainability measures. This score suggests that the company’s carbon intensity is relatively high, reflecting a need for improvement in reducing emissions. To enhance its sustainability efforts, FLEX LNG should focus on strategies to decrease its carbon intensity.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

FLEX LNG operates within the transport services industry, which has a carbon intensity ranking of high. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

FLEX LNG operates in the United Kingdom, which has a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing the carbon footprint associated with its location.
4.79%

...this company is doing 4.79% better in emissions than the industry average.

Founded in 2006 and headquartered in London, FLEX LNG operates within the transport services industry, specializing in the provision of LNG Carriers and Floating Storage & Regasification Units. The company is committed to delivering safe, reliable, and cost-effective logistic solutions in the LNG shipping sector, featuring a fleet of environmentally friendly vessels. FLEX LNG is recognized for its innovative use of MEGI propulsion technology, which enhances fuel efficiency and reduces emissions, and is publicly traded on the Oslo Stock Exchange under the symbol FLNG.

Bad news, FLEX LNG hasn't committed to SBTi goals yet

FLEX LNG has not established specific commitments with the Science Based Targets initiative (SBTi). This means the company has yet to define or announce public targets for reducing greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

FLEX LNG could reduce its emissions by 15% by investing in cleaner and more efficient machinery and equipment to enhance operational sustainability.
Not participating

Get unlimited free access to SBTI data via API

Reduce emissions with actionable insights on all your suppliers, embedded seamlessly into your procurement stack

Case study — How Compleat's clients use our carbon data

Making Compleat’s customers climate heroes. Download the 19-page case study PDF.

Claim this profile

Are you associate with this company?
Help us improve our data and claim this profile.

Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.