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Sustainability Progress
Our sustainability and drive for continuous improvement
Environmental
Our Role in the Ocean Economy
Scope 1 emissions

A location-based approach is used to track progress against targets using each region's average grid emissions factor to calculate Scope 1 and 2 emissions. Reported emissions data is calculated in line with the GHG Protocol.
This shows a 12% increase in emissions compared to last FY.
Our increase in Scope 1 emissions was primarily due to a change in calculation methodology.
For FY25, Lloyd’s Register has adopted an activity-based approach for our company owned vehicles. On a comparable basis, the increase reflects the methodological improvement rather than a significant change in underlying travel activity.  

Scope 2 emissions

A location-based approach is used to track progress against targets using each region's average grid emissions factor to calculate Scope 1 and 2 emissions. Reported emissions data is calculated in line with the GHG Protocol. 
This shows a 1% reduction in emissions compared to last FY.    
Our reduction in Scope 2 emissions was due to a reduction in our building portfolio in the UK.  

Scope 3 emissions

*Purchased Goods & Services: 34,605.32tCO2e
Business Travel: 10,348tCO2eTBC    
This shows a 12% increase in emissions compared to last FY for Purchased Goods & Services and +88.5% for Business Travel.     
Our increased emissions from Purchased Goods & Services has been driven largely by continued improvement in the accuracy in our reporting through the application and use of more appropriate emission factors.

Social
Our Role in the Social Economy
Work related injury & lost time injury rates
Lost Time Injury Rate

= 10 (LTIs) x 200,000 
/ 7,201,617 (hours worked) =

↑ from 0.15 in 2024
0.28
Total Recordable Injury Rate

= 14 (TRIs) x 200,000 
/ 7,201,617 (hours worked) =

↑ from 0.23 in 2024
0.39
We have incorporated Health and Safety data to promote transparency in health and safety practices.  This data helps the public assess risk, provides information for investigations, and enables better oversight of workplace practices, all of which contribute to a safer environment.
Total near miss safety observations
Lost Time Injury Rate

= 10 (LTIs) x 200,000 
/ 7,201,617 (hours worked) =

↑ from 0.15 in 2024
0.28
Total Recordable Injury Rate

= 14 (TRIs) x 200,000 
/ 7,201,617 (hours worked) =

↑ from 0.23 in 2024
0.39
We have incorporated Health and Safety data to promote transparency in health and safety practices.  This data helps the public assess risk, provides information for investigations, and enables better oversight of workplace practices, all of which contribute to a safer environment.
Training hours per colleague (avg.)

We have included our employee average training hours to demonstrate our commitment to employee development and skill enhancement. 

HSE training hours

This covers both training attended online via our Learning management system and externally using verified providers. The training ranges from induction training through to role specific high-risk operations training e.g . Working at height and covers all levels of employees from admin to our CEO.

Gender Pay Gap*
Median Pay Gap
24.2%
We have incorporated Health and Safety data to promote transparency in health and safety practices.  This data helps the public assess risk, provides information for investigations, and enables better oversight of workplace practices, all of which contribute to a safer environment.
Employees by nationality

As a global organisation we have included a count of the nationalities of our colleagues globally.

LR Office Countries

Countries in which LR has a physical office presence.

Employees in age ranges
We have incorporated Health and Safety data to promote transparency in health and safety practices.  This data helps the public assess risk, provides information for investigations, and enables better oversight of workplace practices, all of which contribute to a safer environment.
Employee turnover

We have included our employee turnover to provide stakeholders with insight into our company's human capital management and its potential impact on performance. 

Employee engagement

We have included our employee engagement.
(last survey 2025)

Females employed per role
ELT members
25%
Board members
33%
Non-exec management
23%
All other employees
44%
Surveyor Employees
5%
We have incorporated Health and Safety data to promote transparency in health and safety practices.  This data helps the public assess risk, provides information for investigations, and enables better oversight of workplace practices, all of which contribute to a safer environment.
Governance
Our Role in the Ocean Economy
Customer Satisfaction NPS

We have included our NPS to demonstrate our commitment to customer loyalty and satisfaction and continuous improvement of our service delivery for our clients.  

Revenues from low carbon services

We have included the percentage of revenues we derive from low carbon services to demonstrate our support for the energy transition and decarbonisation of the ocean economy.  

Avoided emissions due to digital services - Emissions (number) *
89,638
As a service led organisation we work with clients to reduce their emissions across a number of key services. The emissions we have worked with clients to reduce has been incorporated as a count of emissions avoided to demonstrate our commitment to the decarbonisation of the ocean economy. These are not counted in our own emissions or in reduction targets.  This represents the total volume (in tonnes) of CO₂ emissions clients have avoided through using our digital solutions.
Optimised Routes

This metric reflects the number of unique passages/routes that we optimized to drive impactful results towards bunker fuel efficiency, reduced cost, positive commercial, environmental and time gains for our customers. 

Wind Farm Certification

LR certification for assets associated with offshore wind power generation and other offshore renewable power generation. 

Anti-Corruption
Vessels removed from Lloyd’s Register Class due to sanctions related to the conflict between Ukraine and Russia
28
We uphold strict adherence to International Sanctions and ethical standards. In 2024, this included the removal of 28 vessels from Lloyd’s Register Class due to sanctions related to the conflict between Ukraine and Russia.
Vessels classed by LR for construction with an alternative fuel
6584
We have included the number of projects we have underway with clients with alternative fuels to demonstrate our support for the energy transition and decarbonisation of the ocean economy.  This metric shows the number of vessels LR currently classes that are designed to be capable of burning an alternative fuel to standard fuel oil.
Fuel Cost Savings

This is the cost equivalent in USD and represents the monetary savings that we generated through delivering optimized vessel route services to our clients whereby reducing bunker fuel consumption and saving fuel to that value. 

Fuel Savings

This metric is the overall bunker fuel conserved through route optimization services that are both cost effective and environmentally sustainable. 

Vessels classed by LR with retrofit of energy saving or environmental equipment
2218
We have included the number of vessels classed with the retrofit of energy saving or environmental equipment to demonstrate our support for the energy transition and decarbonisation of the ocean economy.  This metric shows the number of in-service vessels LR currently classes that are fitted with an Energy Saving Technology, or where there is one scheduled to be fitted.
JDP/JIP projects
underway (Environment)
86
We have included the number of projects we have underway with clients from JDP/ JIP to demonstrate our support for the energy transition and decarbonisation of the ocean economy.  This metric shows the number of joint development projects or joint industry projects that LR is involved with that centre on a decarbonisation theme.