In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Frontline amounted to 2,317,363.76 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 2022, the total operational greenhouse gas (GHG) emissions of Frontline increased by 9.79%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2023, the total Scope 1 emissions of Frontline were 2,317,363 metric tons of CO₂ equivalent (tCO₂e). a
Since 2021, Frontline's Scope 1 emissions have increased by 11.33%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Frontline's Scope 1 emissions increased by 9.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, Frontline reported Scope 2 greenhouse gas (GHG) emissions of 2.05 tCO₂e using the market-based method and 0.76 tCO₂e using the location-based method. a
Compared to the previous year (2022), Frontline's Scope 2 emissions (Location-Based) rose by 52% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
In 2023, Frontline reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, Frontline reported 36.95 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 2023 disclosure of Frontline includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2023, Frontline reported total Scope 3 emissions of 36.95 metric tons of CO₂ equivalent (tCO₂e). 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
Since 2021, Frontline's Scope 3 emissions have increased by 297.31%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Frontline's Scope 3 emissions decreased by 55.54%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2023, 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.
In 2023, the largest contributors to Frontline's Scope 3 emissions were: a
In 2023, Frontline reported Scope 1 greenhouse gas (GHG) emissions of 2,317,363 tCO₂e and total revenues of USD 1,802 millions. This translates into an emissions intensity of 1,285.86 tCO₂e per millions USD. a
In 2023, Frontline reported a Scope 1 emissions intensity of 1,285.86 tCO₂e per millions USD. Compared to the peer group median of 1,019.87, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Frontline ranked 13 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2023, Frontline reported a total carbon footprint of 2,317,400.71 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.79% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
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