Torm PLC 2022 Annual Report with Sustainability Disclosures
Company: Torm PLC
Sector: Transport & logistics
Country: United Kingdom
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 202
The report describes TORM's highest yearly earnings on record in 2022, with net profit of USD 563m. It also highlights the first-time expansion of emissions transparency through TCFD analysis and Scope 3 reporting. TORM set carbon-intensity reduction targets of at least 40% by 2025 and 45% by 2030 against the 2008 IMO baseline, with a zero-CO2 ambition for its operating fleet by 2050. The Responsibility report provides consolidated environmental, workforce, safety, diversity and governance data.
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