Frontline PLC 2023 SR
The report highlights Frontline's significant fleet modernization, achieving a 99% ECO vessel composition and an average fleet age of 5.7 years following strategic acquisitions. The company outperformed the IMO and Poseidon Principles emission trajectories by 20% and 10% respectively, securing a weighted average CII rating of 'A'. Frontline also completed a Scope 3 emission baseline study and initiated preparations for the Corporate Sustainability Reporting Directive (CSRD). Safety performance remained strong with a Lost Time Injury Frequency of 0.33, beating the company's target for the second consecutive year.
Company: Frontline PLC
Sector: Industrials
Country: Cyprus
Year: 2023
Type: SR
Pages: 17
Frontline PLC
ESG Report
The report highlights Frontline's significant fleet modernization, achieving a 99% ECO vessel composition and an average fleet age of 5.7 years following strategic acquisitions. The company outperformed the IMO and Poseidon Principles emission trajectories by 20% and 10% respectively, securing a weighted average CII rating of 'A'. Frontline also completed a Scope 3 emission baseline study and initiated preparations for the Corporate Sustainability Reporting Directive (CSRD). Safety performance remained strong with a Lost Time Injury Frequency of 0.33, beating the company's target for the second consecutive year.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Women on Board
Workplace Fatalities
Net Zero Target
Employees