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TORM, a global leader in maritime transportation, is a pure-play product tanker company headquartered in Denmark. Established in 1889, TORM has built a distinguished heritage in the shipping industry, focusing on the safe and efficient transport of refined oil products and crude oil worldwide.
Specialising in essential sea transportation services, TORM operates a modern, high-quality fleet of product tankers. Their "One-Partner strategy" focuses on providing dedicated vessels for the reliable global delivery of vital energy resources. This has cemented TORM's strong market position, reflected in its listings on Nasdaq Copenhagen and Nasdaq New York.
34
DitchCarbon score
+26 vs industry average
Torm’s score of 34 is higher than 66% 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
Maritime Transport is among the most carbon-intensive industries
Industry performance
1.042
20182025
The Maritime Transport industry has reduced its overall emissions by 28% since 2018
Emissions trajectory 2020 – 2028
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.
Torm's reported carbon emissions
Torm, a Danish company providing sea and coastal water transportation services, reported total carbon emissions of approximately 2.64 billion kg CO2e in 2025. This figure comprises 1.59 billion kg CO2e from Scope 1, 793,000 kg CO2e from Scope 2 (market-based), and 1.05 billion kg CO2e from Scope 3 emissions.
Looking back, Torm's total emissions in 2024 were approximately 3.44 billion kg CO2e, with Scope 1 at 1.59 billion kg CO2e, Scope 2 (market-based) at 832,000 kg CO2e, and Scope 3 at 1.85 billion kg CO2e. In 2023, the company reported Scope 1 emissions of 1.59 billion kg CO2e, Scope 2 emissions of 832,000 kg CO2e, and Scope 3 emissions of 1.85 billion kg CO2e, but a total calculated emissions figure is not available for this year.
In 2022, Torm's total emissions were about 1.97 billion kg CO2e, consisting of 1.36 billion kg CO2e from Scope 1, 448,000 kg CO2e from Scope 2, and 608 million kg CO2e from Scope 3. For 2021, total emissions were approximately 2.32 billion kg CO2e, with Scope 1 at 1.08 billion kg CO2e, Scope 2 (market-based) at 486,000 kg CO2e, and Scope 3 at 1.24 billion kg CO2e. In 2020, Torm's total emissions were approximately 1.26 billion kg CO2e, including 1.26 billion kg CO2e from Scope 1 and 434,000 kg CO2e from Scope 2. For 2019, Torm reported Scope 1 emissions of 1.30 billion kg CO2e and Scope 2 emissions of 488,000 kg CO2e. A total calculated emissions figure is not available for 2019.
Torm has not disclosed specific reduction targets or climate pledges in the provided data.
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Torm’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Torm yet.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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The Climate Pledge
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UN Global Compact Climate Champions initiative
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RE 100
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Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Torm5 months ago
34
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