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FLEX LNG Ltd.

Common Name
FLEX LNG
Country
Bermuda
Sector
Energy
Industry
Oil & Gas Midstream
Employees
9
Ticker
FLNG
Exchange
New York Stock Exchange
Description
FLEX LNG Ltd. is a Bermuda-based LNG shipping company that provides seaborne transportation services for liquefied natural gas through a fleet of modern, fuel-efficient carriers. Its core business cen...

FLEX LNG's GHG Emissions Data Preview

In 2025, FLEX LNG completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, FLEX LNG has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
786,046a
751,929a
745,186a
Total Scope 2
Market-Based
N/A
28.4a
0.3a
Location-Based
N/A
0.4a
0.1a
Unspecified Calculation Method
0a
N/AN/A
Total Scope 3
266,196a
1,665a
3,093a
Total Scope 1 Revenue Intensity (tCO2e/$M)
2,261.1114a
2,110.0915a
2,008.4685a
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a. FLEX LNG's ESG Report 2025

Insights into FLEX LNG's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of FLEX LNG amounted to 786,046 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of FLEX LNG increased by 4.54%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

FLEX LNG's Scope 1 Emissions Over Time

2023202420250200 k400 k600 k800 ktCO2e+1%+5%
  • Total Scope 1
  • Year-over-Year Change

What are FLEX LNG's Scope 1 emissions?

In 2025, the total Scope 1 emissions of FLEX LNG were 786,046 metric tons of CO₂ equivalent (tCO₂e).a

Has FLEX LNG reduced its Scope 1 emissions over time?

Since 2023, FLEX LNG's Scope 1 emissions have increased by 5.48%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), FLEX LNG's Scope 1 emissions increased by 4.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are FLEX LNG's Scope 2 emissions?

In 2025, FLEX LNG reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e without specifying the calculation method.a

What methodology does FLEX LNG use for Scope 2 reporting?

In 2025, FLEX LNG reported its Scope 2 emissions using an unspecified methodology.a

FLEX LNG's Scope 2 Emissions Over Time

20232024202508162432tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into FLEX LNG's Value Chain Emissions

In 2025, FLEX LNG reported 266,196 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of FLEX LNG includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

FLEX LNG's Scope 3 Emissions Over Time

202320242025070 k140 k210 k280 ktCO2e-46%+15888%
  • Total Scope 3
  • Year-over-Year Change

What are FLEX LNG's Scope 3 emissions?

In 2025, FLEX LNG reported total Scope 3 emissions of 266,196 metric tons of CO₂ equivalent (tCO₂e).a

Has FLEX LNG reduced its Scope 3 emissions over time?

Since 2023, FLEX LNG's Scope 3 emissions have increased by 8,506.4%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2024), FLEX LNG's Scope 3 emissions increased by 15,887.75%, suggesting that the company faced challenges in reducing emissions across its value chain.a

Insights into FLEX LNG’s GHG Emissions Intensity Compared to Industry Peers

In 2025, FLEX LNG reported Scope 1 greenhouse gas (GHG) emissions of 786,046 tCO₂e and total revenues of USD 348 millions. This translates into an emissions intensity of 2,261.11 tCO₂e per millions USD.a

FLEX LNG's Scope 1 Emissions Intensity Compared to Peers

20010,000200,00010,000,000200,000,000Scope 1 Emissions (tCO2e)202002,00020,000200,000Revenues (Millions of USD)DT MidstreamYear: 2024Scope 1: 1,612,970 tCO2eRevenue: $M 981Scope 1 Intensity: 1,644.21 tCO2e/$MWestern Midstream PartnersYear: 2025Scope 1: 5,520,000 tCO2eRevenue: $M 3,843Scope 1 Intensity: 1,436.23 tCO2e/$MChina Merchants Energy ShippingYear: 2025Scope 1: 6,399,600 tCO2eRevenue: $M 4,025Scope 1 Intensity: 1,590.03 tCO2e/$MPembina PipelineYear: 2025Scope 1: 4,365,457 tCO2eRevenue: $M 5,680Scope 1 Intensity: 768.60 tCO2e/$MCheniere EnergyYear: 2025Scope 1: 11,589,814 tCO2eRevenue: $M 19,976Scope 1 Intensity: 580.19 tCO2e/$MONEOKYear: 2024Scope 1: 3,900,000 tCO2eRevenue: $M 21,698Scope 1 Intensity: 179.74 tCO2e/$MMPLXYear: 2024Scope 1: 6,300,000 tCO2eRevenue: $M 10,904Scope 1 Intensity: 577.77 tCO2e/$MTarga ResourcesYear: 2024Scope 1: 10,168,000 tCO2eRevenue: $M 16,381Scope 1 Intensity: 620.70 tCO2e/$MEnergy TransferYear: 2023Scope 1: 19,544,494 tCO2eRevenue: $M 78,586Scope 1 Intensity: 248.70 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MTC EnergyYear: 2025Scope 1: 45,172,000 tCO2eRevenue: $M 11,128Scope 1 Intensity: 4,059.32 tCO2e/$MEnterprise Products Partners L.PYear: 2024Scope 1: 12,753,819 tCO2eRevenue: $M 56,219Scope 1 Intensity: 226.86 tCO2e/$MWilliams CompaniesYear: 2024Scope 1: 13,389,356 tCO2eRevenue: $M 10,503Scope 1 Intensity: 1,274.81 tCO2e/$MEnbridgeYear: 2025Scope 1: 8,101,000 tCO2eRevenue: $M 47,607Scope 1 Intensity: 170.17 tCO2e/$MNavigator HoldingsYear: 2024Scope 1: 985,641 tCO2eRevenue: $M 567Scope 1 Intensity: 1,739.33 tCO2e/$MSinopec Kantons HoldingsYear: 2025Scope 1: 1,419 tCO2eRevenue: $M 85Scope 1 Intensity: 16.77 tCO2e/$MTsakos Energy NavigationYear: 2023Scope 1: 1,189,769 tCO2eRevenue: $M 890Scope 1 Intensity: 1,337.47 tCO2e/$MFluxys BelgiumYear: 2025Scope 1: 196,799 tCO2eRevenue: $M 904Scope 1 Intensity: 217.67 tCO2e/$MGlobal PartnersYear: 2024Scope 1: 42,584 tCO2eRevenue: $M 17,163Scope 1 Intensity: 2.48 tCO2e/$MTormYear: 2025Scope 1: 1,594,057 tCO2eRevenue: $M 1,340Scope 1 Intensity: 1,190.04 tCO2e/$MSovkomflotYear: 2021Scope 1: 3,141,000 tCO2eRevenue: $M 1,540Scope 1 Intensity: 2,039.11 tCO2e/$MPrima MarineYear: 2024Scope 1: 7,874 tCO2eRevenue: $M 256Scope 1 Intensity: 30.75 tCO2e/$MTeekay TankersYear: 2023Scope 1: 1,176,254 tCO2eRevenue: $M 1,474Scope 1 Intensity: 798.16 tCO2e/$MDHT HoldingsYear: 2025Scope 1: 1,101,306 tCO2eRevenue: $M 498Scope 1 Intensity: 2,209.68 tCO2e/$MGolar LNGYear: 2024Scope 1: 443,125 tCO2eRevenue: $M 260Scope 1 Intensity: 1,701.89 tCO2e/$MFLEX LNGYear: 2025Scope 1: 786,046 tCO2eRevenue: $M 348Scope 1 Intensity: 2,261.11 tCO2e/$M

How does FLEX LNG's GHG emissions intensity compare to its peers?

In 2025, FLEX LNG reported a Scope 1 emissions intensity of 2,261.11 tCO₂e per millions USD. Compared to the peer group median of 798.16, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does FLEX LNG rank on GHG emissions intensity within its industry?

In 2025, FLEX LNG ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places FLEX LNG among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into FLEX LNG's Total Carbon Footprint

In 2025, FLEX LNG reported a total carbon footprint of 1,052,242 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 39.63% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to FLEX LNG's total carbon footprint was Scope 1 emissions, accounting for 74.7% of the company's total carbon footprint, followed by Scope 3 emissions at 25.3%.a

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