Torm PLC

Common Name
Torm
Country
United Kingdom
Sector
Energy
Industry
Oil & Gas Midstream
Employees
479
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. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil ...

Torm's GHG Emissions Data Preview

In 2023, 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).

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

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Unspecified Calculation Method
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Torm's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Torm amounted to 1,559,069 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Torm increased by 14.34%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Torm's Scope 1 Emissions Over Time

2021202220230400 k800 k1.2 M1.6 MtCO2e+26%+14%
  • Total Scope 1
  • Year-over-Year Change

What are Torm's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Torm were 1,558,254 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Torm reduced its Scope 1 emissions over time?

Since 2021, Torm's Scope 1 emissions have increased by 44.15%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Torm's Scope 1 emissions increased by 14.32%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Torm's Scope 2 emissions?

In 2023, Torm reported Scope 2 greenhouse gas (GHG) emissions of 815 tCOâ‚‚e without specifying the calculation method.

Has Torm reduced its Scope 2 emissions over time?

Since 2021, Torm's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 67.7%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Torm's Scope 2 emissions (Unspecified Calculation Method) rose by 81.92% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Torm use for Scope 2 reporting?

In 2023, Torm reported its Scope 2 emissions using an unspecified methodology.

Torm's Scope 2 Emissions Over Time

20212022202302505007501 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Torm's Value Chain Emissions

In 2023, Torm reported 923,784 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Torm includes a breakdown across 0 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.

Torm's Scope 3 Emissions Over Time

2021202220230350 k700 k1.05 M1.4 MtCO2e-51%+52%
  • Total Scope 3
  • Year-over-Year Change

What are Torm's Scope 3 emissions?

In 2023, Torm reported total Scope 3 emissions of 923,784 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Torm reduced its Scope 3 emissions over time?

Since 2021, Torm's Scope 3 emissions have decreased by 25.41%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Torm's Scope 3 emissions increased by 51.95%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Torm's Total Carbon Footprint

In 2023, Torm reported a total carbon footprint of 2,482,853 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.94% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Torm's total carbon footprint was Scope 1 emissions, accounting for 62.76% of the company's total carbon footprint, followed by Scope 3 emissions at 37.21%.

Want Full Access to Torm's GHG Emissions Dataset?
Sign Up