- Transition to future fuels remains a distant prospect.
- Geopolitical challenges (Russia-Ukraine conflict, EU Refined Product Embargo, climate-related disruptions).
- Evolving maritime security challenges in various regions.
Ardmore Shipping Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Ardmore Shipping Corporation disclosed greenhouse gas emissions of 418.0K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 418.0K tCO2e/year; Scope 2: 22.2 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
418.0K tCO2e/year (Scope 1 & 2)
2023
Water Usage
6.21 m3/day/ship (consumption)
2023
Energy Use
553.4K GJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 418.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 22.2 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 418.0K tCO2e/year (Scope 1 & 2) |
| 2022 | 404.1K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by 21,397 metric tonnes through hull coating performance management.
- Invested nearly $40 million in drydockings, including $25 million on carbon capture-ready scrubber installations and other energy efficiency technologies.
- Successfully implemented fourteen energy transition projects with ROI ranging from 40% to 140%.
- Proactively implemented the EU Emissions Trading System before its 2024 enforcement.
🌱 ESG Focus Areas
Environmental SustainabilitySafetyDiversity, Equity, Inclusion, and Belonging (DEIB)GovernanceSocial Impact