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International Seaways Inc

Common Name
International Seaways
Country
United States
Sector
Energy
Industry
Oil & Gas Midstream
Employees
2,899
Ticker
INSW
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
International Seaways Inc. is a prominent player in the maritime transportation sector, focusing primarily on the shipping of crude oil and petroleum products across global markets. Operating a divers...

International Seaways's GHG Emissions Data Preview

In 2023, International Seaways 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) and Scope 2 (indirect emissions from purchased energy).

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

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind International Seaways’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 International Seaways’s data sources below and access millions more through our Disclosure Search.

a. International Seaways's Sustainability Report 2023
a. International Seaways's Sustainability Report 2023

Insights into International Seaways's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofInternational Seaways amounted to1,906,054.04metric 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 International Seawaysdecreased by 0.87%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

International Seaways's Scope 1 Emissions Over Time

202220230500 k1 M1.5 M2 MtCO2e-1%
  • Total Scope 1
  • Year-over-Year Change

What are International Seaways's Scope 1 emissions?

In 2023, the total Scope 1 emissions of International Seaways were 1,906,017 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2022), International Seaways's Scope 1 emissions remained relatively stable, indicating that International Seaways's emissions have plateaued with no significant change in its operational footprint.a

What are International Seaways's Scope 2 emissions?

In 2023, International Seaways reported Scope 2 greenhouse gas (GHG) emissions of 37.04 tCOâ‚‚e without specifying the calculation method.a

Has International Seaways reduced its Scope 2 emissions over time?

Compared to the previous year(2022), International Seaways's Scope 2 emissions(Unspecified Calculation Method) rose by 110.57% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does International Seaways use for Scope 2 reporting?

In 2023, International Seaways reported its Scope 2 emissions using an unspecified methodology.a

International Seaways's Scope 2 Emissions Over Time

20222023010203040tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into International Seaways’s GHG Emissions Intensity Compared to Industry Peers

In 2023, International Seaways reported Scope 1 greenhouse gas (GHG) emissions of 1,906,017 tCOâ‚‚e and total revenues of USD 1,072 millions. This translates into an emissions intensity of 1,778.37 tCOâ‚‚e per millions USD.a

International Seaways's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0005,000,000100,000,000Scope 1 Emissions (tCO2e)505002,00020,000200,000Revenues (Millions of USD)CSHGAntero MidstreamYear: 2024Scope 1: 2,002,955 tCO2eRevenue: $M 1,177Scope 1 Intensity: 1,701.94 tCO2e/$MDT MidstreamYear: 2024Scope 1: 1,612,970 tCO2eRevenue: $M 981Scope 1 Intensity: 1,644.21 tCO2e/$MKinetik HoldingsYear: 2024Scope 1: 2,377,360 tCO2eRevenue: $M 1,483Scope 1 Intensity: 1,603.15 tCO2e/$MCCCore LaboratoriesYear: 2024Scope 1: 11,675 tCO2eRevenue: $M 524Scope 1 Intensity: 22.29 tCO2e/$MONEOKYear: 2024Scope 1: 3,900,000 tCO2eRevenue: $M 21,698Scope 1 Intensity: 179.74 tCO2e/$MOil States InternationalYear: 2024Scope 1: 18,094 tCO2eRevenue: $M 693Scope 1 Intensity: 26.13 tCO2e/$MSSSolaris Energy InfrastructureYear: 2020Scope 1: 2,094 tCO2eRevenue: $M 103Scope 1 Intensity: 20.33 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MWilliams CompaniesYear: 2024Scope 1: 13,389,356 tCO2eRevenue: $M 10,503Scope 1 Intensity: 1,274.81 tCO2e/$MHHHess MidstreamYear: 2024Scope 1: 479,446 tCO2eRevenue: $M 1,492Scope 1 Intensity: 321.37 tCO2e/$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: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MGGGlobal PartnersYear: 2024Scope 1: 42,584 tCO2eRevenue: $M 17,163Scope 1 Intensity: 2.48 tCO2e/$MMPLXYear: 2024Scope 1: 6,300,000 tCO2eRevenue: $M 10,904Scope 1 Intensity: 577.77 tCO2e/$MTarga ResourcesYear: 2024Scope 1: 10,200,000 tCO2eRevenue: $M 16,382Scope 1 Intensity: 622.65 tCO2e/$MClean Energy FuelsYear: 2024Scope 1: 24,742 tCO2eRevenue: $M 416Scope 1 Intensity: 59.49 tCO2e/$MPlains GP HoldingsYear: 2024Scope 1: 836,000 tCO2eRevenue: $M 50,073Scope 1 Intensity: 16.70 tCO2e/$MEnergy TransferYear: 2023Scope 1: 19,544,494 tCO2eRevenue: $M 78,586Scope 1 Intensity: 248.70 tCO2e/$MInternational SeawaysYear: 2023Scope 1: 1,906,017 tCO2eRevenue: $M 1,072Scope 1 Intensity: 1,778.37 tCO2e/$M

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

In 2023, International Seaways reported a Scope 1 emissions intensity of 1,778.37 tCOâ‚‚e per millions USD. Compared to the peer group median of 362.46, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does International Seaways rank on GHG emissions intensity within its industry?

In 2023, International Seaways ranked 22 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

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