Scorpio Tankers Inc
Scorpio Tankers's GHG Emissions Data Preview
In 2024, Scorpio Tankers 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).
Scorpio Tankers has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Verified Sources Behind Scorpio Tankers’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 Scorpio Tankers’s data sources below and access millions more through our Disclosure Search.
Insights into Scorpio Tankers's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Scorpio Tankers amounted to 1,836,121 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 2023, the total operational greenhouse gas (GHG) emissions of Scorpio Tankers decreased by 22.29%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Scorpio Tankers's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Scorpio Tankers's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Scorpio Tankers were 1,835,650 metric tons of CO₂ equivalent (tCO₂e).a
Has Scorpio Tankers reduced its Scope 1 emissions over time?
Since 2022, Scorpio Tankers's Scope 1 emissions have decreased by 21.21%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Scorpio Tankers's Scope 1 emissions decreased by 22.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Scorpio Tankers's Scope 2 emissions?
In 2024, Scorpio Tankers reported Scope 2 greenhouse gas (GHG) emissions of 493 tCO₂e using the market-based method and 471 tCO₂e using the location-based method.a
What methodology does Scorpio Tankers use for Scope 2 reporting?
In 2024, Scorpio Tankers reported its Scope 2 emissions using the market-based method and using the location-based method.a
Scorpio Tankers's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Scorpio Tankers's Value Chain Emissions
In 2024, Scorpio Tankers reported 478,592 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 2024 disclosure of Scorpio Tankers includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Scorpio Tankers's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Scorpio Tankers's Scope 3 emissions?
In 2024, Scorpio Tankers reported total Scope 3 emissions of 478,592 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 19.89% of these emissions originated from upstream activities such as purchased goods and capital goods, while 80.11% came from downstream activities like product use, distribution, and end-of-life treatment.a
What categories of Scope 3 emissions does Scorpio Tankers disclose?
In 2024, Scorpio Tankers reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Scorpio Tankers's Scope 3 emissions?
In 2024, the largest contributors to Scorpio Tankers's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 383,409 tCO₂e (80.11%)
- Purchased Goods and Services (Cat. 1): 72,930 tCO₂e (15.24%)
- Capital Goods (Cat. 2): 17,822 tCO₂e (3.72%)
Scorpio Tankers's Scope 3 Emissions by Categories
Insights into Scorpio Tankers’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Scorpio Tankers reported Scope 1 greenhouse gas (GHG) emissions of 1,835,650 tCO₂e and total revenues of USD 1,244 millions. This translates into an emissions intensity of 1,475.66 tCO₂e per millions USD.a
Scorpio Tankers's Scope 1 Emissions Intensity Compared to Peers
How does Scorpio Tankers's GHG emissions intensity compare to its peers?
In 2024, Scorpio Tankers reported a Scope 1 emissions intensity of 1,475.66 tCO₂e per millions USD. Compared to the peer group median of 680.32, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Scorpio Tankers rank on GHG emissions intensity within its industry?
In 2024, Scorpio Tankers ranked 16 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Scorpio Tankers is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Scorpio Tankers's Total Carbon Footprint
In 2024, Scorpio Tankers reported a total carbon footprint of 2,314,713 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.04% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Scorpio Tankers's total carbon footprint was Scope 1 emissions, accounting for 79.3% of the company's total carbon footprint, followed by Scope 3 emissions at 20.68%.a