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Frontline Plc

Common Name
Frontline
Country
Cyprus
Sector
Energy
Industry
Oil & Gas Midstream
Employees
85
Ticker
FRO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Frontline Plc is a leading global shipping company specializing in the transportation of crude oil and refined petroleum products. Primarily operating through its large fleet of tankers, Frontline's m...

Frontline's GHG Emissions Data Preview

In 2024, Frontline 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).

Frontline has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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b
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a
0000000
Location-Based
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a
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b
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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b
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=FRO&reporting_period=2024"

Verified Sources Behind Frontline’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Frontline’s data sources below and access millions more through our Disclosure Search.

a. Frontline's ESG Report 2024
a. Frontline's ESG Report 2024
b. Frontline's ESG Report 2023
b. Frontline's ESG Report 2023

Insights into Frontline's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofFrontline amounted to3,095,504.5metric 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 2023, the total operational greenhouse gas (GHG) emissions of Frontlineincreased by 33.58%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Frontline's Scope 1 Emissions Over Time

20212022202320240800 k1.6 M2.4 M3.2 MtCO2e+1%+10%+34%
  • Total Scope 1
  • Year-over-Year Change

What are Frontline's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Frontline were 3,095,498 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Frontline reduced its Scope 1 emissions over time?

Since 2021, Frontline's Scope 1 emissions have increased by 48.72%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Frontline's Scope 1 emissions increased by 33.58%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Frontline's Scope 2 emissions?

In 2024, Frontline reported Scope 2 greenhouse gas (GHG) emissions of 146.2 tCOâ‚‚e using the market-based method and 6.5 tCOâ‚‚e using the location-based method.a

Has Frontline reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Frontline's Scope 2 emissions(Location-Based) rose by 755.26% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Frontline use for Scope 2 reporting?

In 2024, Frontline reported its Scope 2 emissions using the market-based method and using the location-based method.a

Frontline's Scope 2 Emissions Over Time

202120222023202404080120160tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Frontline's Value Chain Emissions

In 2024, Frontline reported 107.4 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Frontline includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Frontline's Scope 3 Emissions Over Time

20212022202320240306090120tCO2e+794%-56%+191%
  • Total Scope 3
  • Year-over-Year Change

What are Frontline's Scope 3 emissions?

In 2024, Frontline reported total Scope 3 emissions of 107.4 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Frontline reduced its Scope 3 emissions over time?

Since 2021, Frontline's Scope 3 emissionshave increased by 1,054.84%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Frontline's Scope 3 emissions increased by 190.66%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Frontline disclose?

In 2024, Frontline reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Frontline's Scope 3 emissions?

In 2024, the largest contributors to Frontline's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 107.4 tCOâ‚‚e(100%)

Frontline's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Frontline’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Frontline reported Scope 1 greenhouse gas (GHG) emissions of 3,095,498 tCOâ‚‚e and total revenues of USD 2,050 millions. This translates into an emissions intensity of 1,509.72 tCOâ‚‚e per millions USD.a

Frontline's Scope 1 Emissions Intensity Compared to Peers

5,00050,000500,0005,000,000100,000,000Scope 1 Emissions (tCO2e)2001,00010,00050,000500,000Revenues (Millions of USD)SHCGAntero MidstreamYear: 2024Scope 1: 2,002,955 tCO2eRevenue: $M 1,177Scope 1 Intensity: 1,701.94 tCO2e/$MKoninklijke VopakYear: 2024Scope 1: 122,706 tCO2eRevenue: $M 1,369Scope 1 Intensity: 89.63 tCO2e/$MDT MidstreamYear: 2024Scope 1: 1,612,970 tCO2eRevenue: $M 981Scope 1 Intensity: 1,644.21 tCO2e/$MSSSovkomflotYear: 2021Scope 1: 3,141,000 tCO2eRevenue: $M 123,701Scope 1 Intensity: 25.39 tCO2e/$MKinetik HoldingsYear: 2024Scope 1: 2,377,360 tCO2eRevenue: $M 1,483Scope 1 Intensity: 1,603.15 tCO2e/$MWilliams CompaniesYear: 2024Scope 1: 13,389,356 tCO2eRevenue: $M 10,503Scope 1 Intensity: 1,274.81 tCO2e/$MHHHess MidstreamYear: 2024Scope 1: 479,446 tCO2eRevenue: $M 1,492Scope 1 Intensity: 321.37 tCO2e/$MCMB.TECHYear: 2023Scope 1: 2,226,796 tCO2eRevenue: $M 1,235Scope 1 Intensity: 1,802.89 tCO2e/$MCheniere EnergyYear: 2024Scope 1: 11,142,029 tCO2eRevenue: $M 15,703Scope 1 Intensity: 709.55 tCO2e/$MNew Fortress EnergyYear: 2023Scope 1: 947,243 tCO2eRevenue: $M 2,413Scope 1 Intensity: 392.51 tCO2e/$MEnterprise Products PartnersYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MExcelerate EnergyYear: 2024Scope 1: 579,252 tCO2eRevenue: $M 851Scope 1 Intensity: 680.32 tCO2e/$MWestern Midstream PartnersYear: 2024Scope 1: 9,140,000 tCO2eRevenue: $M 3,605Scope 1 Intensity: 2,535.21 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MCCChina Merchants Energy ShippingYear: 2024Scope 1: 6,060,200 tCO2eRevenue: $M 3,535Scope 1 Intensity: 1,714.31 tCO2e/$MGGGlobal PartnersYear: 2024Scope 1: 42,584 tCO2eRevenue: $M 17,163Scope 1 Intensity: 2.48 tCO2e/$MAltaGasYear: 2024Scope 1: 1,595,781 tCO2eRevenue: $M 8,653Scope 1 Intensity: 184.41 tCO2e/$MQatar Gas Transport Co Ltd (Nakilat) (QPSC)Year: 2024Scope 1: 5,211,345 tCO2eRevenue: $M 1,008Scope 1 Intensity: 5,169.59 tCO2e/$MTormYear: 2023Scope 1: 1,558,254 tCO2eRevenue: $M 10,501Scope 1 Intensity: 148.39 tCO2e/$MMPLXYear: 2024Scope 1: 6,300,000 tCO2eRevenue: $M 10,904Scope 1 Intensity: 577.77 tCO2e/$MGibson EnergyYear: 2024Scope 1: 125,044 tCO2eRevenue: $M 8,189Scope 1 Intensity: 15.27 tCO2e/$MScorpio TankersYear: 2024Scope 1: 1,835,650 tCO2eRevenue: $M 1,244Scope 1 Intensity: 1,475.66 tCO2e/$MInternational SeawaysYear: 2023Scope 1: 1,906,017 tCO2eRevenue: $M 1,072Scope 1 Intensity: 1,778.37 tCO2e/$MFrontlineYear: 2024Scope 1: 3,095,498 tCO2eRevenue: $M 2,050Scope 1 Intensity: 1,509.72 tCO2e/$M

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

In 2024, Frontline reported a Scope 1 emissions intensity of 1,509.72 tCOâ‚‚e per millions USD. Compared to the peer group median of 709.55, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Frontline rank on GHG emissions intensity within its industry?

In 2024, Frontline ranked 16 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Frontline is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Frontline's Total Carbon Footprint

In 2024, Frontline reported a total carbon footprint of 3,095,611.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 33.58% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Frontline's total carbon footprint was Scope 1 emissions, accounting for 100% of the company's total carbon footprint, followed by Scope 3 emissions at 0%.a

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