Public Profile

Akastor

Akastor ASA, headquartered in Norway, is a prominent player in the oilfield services industry, specialising in providing innovative solutions for the energy sector. Founded in 2014, the company has rapidly established itself through strategic acquisitions and a focus on technology-driven services. With a strong operational presence in key regions including Europe, North America, and Asia, Akastor offers a diverse range of products and services, including subsea technologies and drilling equipment. Their commitment to sustainability and efficiency sets them apart in a competitive market. Recognised for their expertise and reliability, Akastor has achieved significant milestones, positioning itself as a trusted partner for major energy companies worldwide. Their unique approach to integrating advanced technology with industry needs continues to drive their success and market influence.

DitchCarbon Score

How does Akastor's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

40

Industry Average

Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

25

Industry Benchmark

Akastor's score of 40 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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Akastor's reported carbon emissions

In 2023, Akastor reported carbon emissions of approximately 1,388,323,000 kg CO2e, with no emissions from Scope 1 and 1,200 kg CO2e from Scope 2. The majority of their emissions, about 1,388,322,800 kg CO2e, were classified under Scope 3. This marks a continuation of their trend from previous years, where they have consistently reported significant Scope 3 emissions. In 2022, Akastor's total emissions were approximately 1,348,613,800 kg CO2e, with Scope 1 emissions at zero, Scope 2 at 1,200 kg CO2e, and Scope 3 emissions reaching about 1,348,612,600 kg CO2e. The company has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint, nor have they committed to any science-based targets (SBTi). Overall, while Akastor has made strides in reporting their emissions, the lack of defined reduction targets highlights an area for potential improvement in their climate commitments.

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2014201520162017201820192020202120222023
Scope 1
171
00,000,000
00,000,000
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000
-
-
Scope 2
-
0,000,000
0,000,000
0,000,000
0,000,000
0,000
0,000,000
000,000
0,000
0,000
Scope 3
-
-
-
-
-
00,000
0,000,000
00,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Akastor's primary industry is Other services (93), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Akastor is in NO, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Akastor is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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