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Torm PLC

Common Name
Torm
Country
United Kingdom
Sector
Energy
Industry
Oil & Gas Midstream
Employees
588
Ticker
TRMD A
Exchange
NASDAQ COPENHAGEN A/S
Description
TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom and internationally. It operates in two segments, Tanker and Marine Engineering. The Tanker segment tra...

Torm's GHG Emissions Data Preview

In 2025, Torm 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).

Torm has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202520242023
2022 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Torm’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2021, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Torm’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 Torm’s data sources below and access millions more through our Disclosure Search.

a. Torm's Annual Report 2025
b. Torm's Responsibility Report 2023

Insights into Torm's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Torm amounted to 1,594,553 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 Torm decreased by 0.05%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Torm's Scope 1 Emissions Over Time

202120222023202420250400 k800 k1.2 M1.6 MtCO2e+26%+14%+2%0%
  • Total Scope 1
  • Year-over-Year Change

What are Torm's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Torm were 1,594,057 metric tons of CO₂ equivalent (tCO₂e).a

Has Torm reduced its Scope 1 emissions over time?

Since 2021, Torm's Scope 1 emissions have increased by 47.46%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), Torm's Scope 1 emissions remained relatively stable, indicating that Torm's emissions have plateaued with no significant change in its operational footprint.a

What are Torm's Scope 2 emissions?

In 2025, Torm reported Scope 2 greenhouse gas (GHG) emissions of 793 tCO₂e using the market-based method and 496 tCO₂e using the location-based method.a

Has Torm reduced its Scope 2 emissions over time?

Compared to the previous year (2024), Torm's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Torm's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Torm use for Scope 2 reporting?

In 2025, Torm reported its Scope 2 emissions using the market-based method and using the location-based method.a

Torm's Scope 2 Emissions Over Time

2021202220232024202502505007501 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Torm's Value Chain Emissions

In 2025, Torm reported 1,047,324 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 Torm includes a breakdown across 6 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

Torm's Scope 3 Emissions Over Time

202120222023202420250500 k1 M1.5 M2 MtCO2e-51%+52%+100%-43%
  • Total Scope 3
  • Year-over-Year Change

What are Torm's Scope 3 emissions?

In 2025, Torm reported total Scope 3 emissions of 1,047,324 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 76.57% of these emissions originated from upstream activities such as purchased goods and capital goods, while 23.43% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Torm reduced its Scope 3 emissions over time?

Since 2021, Torm's Scope 3 emissions have decreased by 15.43%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2024), Torm's Scope 3 emissions decreased by 43.37%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Torm disclose?

In 2025, Torm reported emissions for 6 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 Torm's Scope 3 emissions?

In 2025, the largest contributors to Torm's Scope 3 emissions were:a

  • Capital Goods (Cat. 2): 418,371 tCO₂e (39.95%)
  • Fuel- and Energy-Related Services (Cat. 3): 297,296 tCO₂e (28.39%)
  • Downstream Leased Assets (Cat. 13): 151,908 tCO₂e (14.5%)

Torm's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(14.5%)Capital Goods(Cat. 2)(39.9%)Fuel- andEnergy-RelatedServices (Cat. 3)(28.4%)

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

In 2025, Torm reported Scope 1 greenhouse gas (GHG) emissions of 1,594,057 tCO₂e and total revenues of USD 1,340 millions. This translates into an emissions intensity of 1,190.04 tCO₂e per millions USD.a

Torm's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0005,000,00050,000,000Scope 1 Emissions (tCO2e)1005005,00020,000200,000Revenues (Millions of USD)HSHAntero MidstreamYear: 2024Scope 1: 2,002,955 tCO2eRevenue: $M 1,177Scope 1 Intensity: 1,701.94 tCO2e/$MHHHuntingYear: 2024Scope 1: 3,630 tCO2eRevenue: $M 1,049Scope 1 Intensity: 3.46 tCO2e/$MDT MidstreamYear: 2024Scope 1: 1,612,970 tCO2eRevenue: $M 981Scope 1 Intensity: 1,644.21 tCO2e/$MSSSovkomflotYear: 2021Scope 1: 3,141,000 tCO2eRevenue: $M 1,540Scope 1 Intensity: 2,039.11 tCO2e/$MHHHess MidstreamYear: 2024Scope 1: 479,446 tCO2eRevenue: $M 1,492Scope 1 Intensity: 321.37 tCO2e/$MCMB.TECHYear: 2024Scope 1: 1,336,590 tCO2eRevenue: $M 940Scope 1 Intensity: 1,421.53 tCO2e/$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 Partners L.PYear: 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: $M 3,605Scope 1 Intensity: 2,535.21 tCO2e/$MQatar Gas Transport Co Ltd (Nakilat) (QPSC)Year: 2024Scope 1: 5,211,345 tCO2eRevenue: $M 1,008Scope 1 Intensity: 5,169.59 tCO2e/$MMPLXYear: 2024Scope 1: 6,300,000 tCO2eRevenue: $M 10,904Scope 1 Intensity: 577.77 tCO2e/$MGibson EnergyYear: 2024Scope 1: 125,044 tCO2eRevenue: $M 8,189Scope 1 Intensity: 15.27 tCO2e/$MTarga ResourcesYear: 2024Scope 1: 10,200,000 tCO2eRevenue: $M 16,382Scope 1 Intensity: 622.65 tCO2e/$MPembina PipelineYear: 2024Scope 1: 4,492,231 tCO2eRevenue: $M 5,133Scope 1 Intensity: 875.14 tCO2e/$MKeyeraYear: 2024Scope 1: 1,408,005 tCO2eRevenue: $M 4,962Scope 1 Intensity: 283.73 tCO2e/$MPlains GP HoldingsYear: 2024Scope 1: 836,000 tCO2eRevenue: $M 50,073Scope 1 Intensity: 16.70 tCO2e/$MGolar LNGYear: 2024Scope 1: 443,125 tCO2eRevenue: $M 260Scope 1 Intensity: 1,701.89 tCO2e/$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: $M 2,050Scope 1 Intensity: 1,509.72 tCO2e/$MTormYear: 2025Scope 1: 1,594,057 tCO2eRevenue: $M 1,340Scope 1 Intensity: 1,190.04 tCO2e/$M

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

In 2025, Torm reported a Scope 1 emissions intensity of 1,190.04 tCO₂e per millions USD. Compared to the peer group median of 792.35, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

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

In 2025, Torm ranked 13 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into Torm's Total Carbon Footprint

In 2025, Torm reported a total carbon footprint of 2,641,877 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.3% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Torm's total carbon footprint was Scope 1 emissions, accounting for 60.34% of the company's total carbon footprint, followed by Scope 3 emissions at 39.64%.a

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