Frontline Ltd.

Greenhouse gas emissions & sustainability report data

๐Ÿ“Š Latest report period: 2021๐Ÿ—‚๏ธ Report periods on file: 2021

In its 2021 reporting, Frontline Ltd. disclosed greenhouse gas emissions of 2.1M tCO2e. By scope: Scope 1: 2.1M tCO2e; Scope 2: 66 tCO2e; Scope 3: 9.3 tCO2e. 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.

๐Ÿ’จ
GHG Emissions
2.1M tCO2e
2021
โš™๏ธ
Energy Use
25.7M GJ
2021

๐Ÿ“Š Emissions by Scope (2021)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.1M tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.66 tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).9.3 tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

โœ… Reported Environmental Achievements

๐ŸŽฏ Climate & Sustainability Targets

๐Ÿ”œ Short-term

  • Maintain position as segment leader and outperform IMO CII and Poseidon Principles trajectories.

๐Ÿ“… Medium-term

  • Roadmap for compliance with upcoming IMO regulations established for each vessel.

๐Ÿ”ญ Long-term

  • Support IMOโ€™s 2030/2050 long-term targets and support the global energy transition.

๐ŸŒฑ ESG Focus Areas

Ensuring a modern and fuel-efficient fleetDecarbonizationSeafarer safety and wellbeingEthical business conduct

โš ๏ธ Challenges & Risks +

  • Covid-19 pandemic impacting seafarer wellbeing and safety.
  • Increasing environmental laws and regulations.
  • Climate change posing physical, technological, regulatory and reputational risks.

๐Ÿ“‹ Report Information

Reporting Period: 2021
Frameworks: SASB, UN Global Compact
Assurance: DNV (Scope 1 GHG emissions data)