Climate Change Data

Uni-Tankers A/S

Climate Impact & Sustainability Data (2023-05 to 2024-04)

Reporting Period: 2023-05 to 2024-04

Environmental Metrics

Total Carbon Emissions:363,065 tCO2e/year
Scope 1 Emissions:282,296 tCO2e/year
Scope 2 Emissions:47 tCO2e/year (market-based), 21 tCO2e/year (location-based)
Scope 3 Emissions:80,759 tCO2e/year
Total Energy Consumption:3,663 TJ/year

ESG Focus Areas

  • Decarbonization
  • Diversity, Equity, and Inclusion (DEI)

Environmental Achievements

  • 37.6% reduction in carbon intensity compared to the 2008 IMO baseline
  • 0.9% reduction in GHG intensity of energy used on vessels above 5,000 GT operating in the EU
  • Deployment of 94 energy-saving devices on owned vessels
  • Biofuel trial on M/T Alsia Swan resulting in up to 30% less CO2 emissions compared to LSMGO
  • CII rating 15% below the IMO reference line

Social Achievements

  • Launched a mentorship program for women to gain a better understanding of the business
  • Launched a company-wide safety campaign to improve safety culture
  • Rolled out an extended healthcare plan for seafarers
  • Improved LTIF performance to 0.51 (down from 0.94 in 2022/23)
  • Launched Destination-Possible.dk, a digital career platform to attract diverse talent

Governance Achievements

  • Introduced a new anti-corruption compliance policy and conducted training
  • Rolled out a revised cybersecurity policy and established a security screening process for IT suppliers
  • Conducted cybersecurity awareness training for onshore employees
  • Hired a GDPR specialist to strengthen GDPR compliance

Climate Goals & Targets

Long-term Goals:
  • Net zero GHG emissions by 2050
Medium-term Goals:
  • Near-equal gender balance among first- and second-level managers in Denmark by 2032
Short-term Goals:
  • 40% reduction in carbon intensity by 2030
  • 2% reduction in GHG intensity of energy used on vessels above 5,000 GT operating in the EU by 2025
  • Installation of 15 additional energy-saving devices by end of 2025
  • Conduct two additional biofuel trials by end of 2025

Environmental Challenges

  • Heightened risk to crew safety due to geopolitical turmoil in the Red Sea
  • Need to significantly increase the uptake of biofuels to reach GHG intensity reduction targets
  • Complexity of reducing emissions while maintaining a commercially viable business
  • Increased emissions from transporting goods to vessels due to disrupted trade patterns
Mitigation Strategies
  • Rerouted vessels via the Cape of Good Hope
  • Launched a ‘Safety Chemistry Campaign’ to encourage a proactive approach towards safety
  • M/T Mona Swan will exclusively use a B30 biofuel blend in 2024/25
  • Installation of additional energy-saving devices and technologies
  • Conducting additional biofuel trials
  • Established a task force to automate data collection and ensure smooth implementation of EU ETS
  • Established a cross-departmental task force to ensure compliance with FuelEU Maritime

Supply Chain Management

Responsible Procurement
  • Refurbishing and re-using existing parts
  • Optimizing logistics to minimize environmental impact of transporting goods

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol

Third-party Assurance: PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab