Scorpio Tankers
Scorpio Tankers Inc., commonly referred to as Scorpio Tankers, is a leading player in the maritime shipping industry, headquartered in Monaco (MC). Founded in 2010, the company has rapidly established itself as a prominent operator of product tankers, focusing on the transportation of refined petroleum products and chemicals across major global trade routes. With a modern fleet that includes a diverse range of vessels, Scorpio Tankers is renowned for its commitment to operational efficiency and environmental sustainability. The company’s strategic positioning in key operational regions, including Europe, North America, and Asia, enhances its competitive edge in the market. Notable achievements include a robust fleet expansion and a strong emphasis on technological innovation, solidifying Scorpio Tankers' reputation as a trusted partner in the shipping sector.
DitchCarbon Score
How does Scorpio Tankers's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Maritime Transport industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Scorpio Tankers's score of 27 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Scorpio Tankers's reported carbon emissions
In 2024, Scorpio Tankers reported total carbon emissions of approximately 478,592,000 kg CO2e. This figure includes Scope 1 emissions of about 2,219,059,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 493,000 kg CO2e. The company also disclosed Scope 3 emissions, which totalled around 383,409,000 kg CO2e from downstream leased assets, alongside other categories such as purchased goods and services (about 72,930,000 kg CO2e) and employee commute (approximately 3,451,000 kg CO2e). In 2023, Scorpio Tankers' emissions were reported at approximately 2,362,449,000 kg CO2e for Scope 1 and about 386,000 kg CO2e for Scope 2, indicating a consistent focus on tracking and managing their carbon footprint. The 2022 data showed similar trends, with Scope 1 emissions at around 2,329,945,000 kg CO2e and Scope 2 emissions at approximately 481,000 kg CO2e. Despite the detailed emissions reporting, Scorpio Tankers has not set specific reduction targets or initiatives as part of their climate commitments. The company does not currently participate in the Science Based Targets initiative (SBTi) or disclose any formal climate pledges. This lack of defined targets may reflect the broader industry context, where many shipping companies are still developing comprehensive strategies to address climate change. Scorpio Tankers is headquartered in Monaco (MC) and continues to monitor its emissions as part of its sustainability efforts, although further commitments to reduction initiatives are yet to be established.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,329,945,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 481,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Scorpio Tankers is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
