Torm PLC 2021 Annual Report with Sustainability Disclosures
Company: Torm PLC
Sector: Transport & logistics
Country: United Kingdom
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 179
The report describes TORM's accelerated decarbonization agenda, including a 40% CO2 reduction target by 2025, a 45% reduction target by 2030 and a zero-emissions ambition for 2050. It also introduces an ESG materiality assessment focused on impacts across the value chain. Operational highlights include a 37.6% AER reduction against the IMO 2008 baseline, 3,420 seafarers, 348 shore-based employees and a 0.37 lost-time accident frequency in 2021.
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