2.2 Driving the Business
towards Net Zero by 2050
Scope 1 & 2 Emissions
To further improve transparency and the granularity of our ESG disclosures, in 2022 we have examined our company’s sources of emissions and initiated disclosing Scope 1 and Scope 2 emissions in a more structured way following GHG Protocol.(refer to our accounting policies in ESG Content Index).
As part of our ambition to expand decarbonisation targets, we will perform a deep-dive analysis in 2023 to define a methodology to calculate Scope 3 emissions.
Results: A reduction of emissions per ship
The following results reflect a reduction of emission per ship of 725MT with respect to 2021, and a reduction of 3.0% with respect to our Annual Efficiency Ratio (AER).
|Parameter||Units||2022 VS 2021||2022||2021||2020|
Scope 1: Own Operations (operational control approach
|Number of vessels included in emission calculation for the year||+39.8%||123*
*The data include 10 vessels sold during 2022
|Fuel use and resulting CO2 emissions- HSHFO||MT||+ 219.1%||64,001||20,058||20,451|
|Fuel use and resulting CO2 emissions- VLSFO||MT||+ 22.5%||436,361||356,294||362,816|
|Fuel use and resulting CO2 emissions- LSMGO||MT||+11.7%||95,803||86,312||86,652|
|CO2 emissions – certified by DNV||MT||+27.9%||1,869,715||1,461,858||1,484,724|
|Annual Efficiency Ratio (AER) – CO2 emissions in grams per ton-nautical mile – based on capacity work||gms/DW T- NM||-3.0%||5.24
(on track for our 40% reduction target by 2028)
Scope 2: Purchased Electricity (location-based)
|CO2 equivalent emissions||MT||Not applicable||212.7||Not reported||Not reported|