TORM PLC 2024 AR2
The report highlights TORM plc's strong financial and operational performance in 2024, delivering a net profit of USD 611.5 million and expanding its fleet to 94 vessels. Notably, the company achieved its 2025 carbon intensity reduction target one year ahead of schedule, recording a 40% reduction compared to the 2008 baseline. TORM also advanced its sustainability reporting by aligning with the Corporate Sustainability Reporting Directive (CSRD) and establishing new ESG targets, including absolute emission reductions and zero oil spills. Additionally, the company maintained high safety standards with a Lost Time Accident Frequency of 0.42 and continued its commitment to gender diversity, aiming for 35% women in leadership by 2030.
Company: TORM PLC
Sector: Energy
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 282
TORM PLC
Annual Report
The report highlights TORM plc's strong financial and operational performance in 2024, delivering a net profit of USD 611.5 million and expanding its fleet to 94 vessels. Notably, the company achieved its 2025 carbon intensity reduction target one year ahead of schedule, recording a 40% reduction compared to the 2008 baseline. TORM also advanced its sustainability reporting by aligning with the Corporate Sustainability Reporting Directive (CSRD) and establishing new ESG targets, including absolute emission reductions and zero oil spills. Additionally, the company maintained high safety standards with a Lost Time Accident Frequency of 0.42 and continued its commitment to gender diversity, aiming for 35% women in leadership by 2030.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees