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Other Services
NO
updated 2 months ago

Akastor Sustainability Profile

Company website

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.

27

Industry Benchmark

Akastor's score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

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Akastor's reported carbon emissions

In 2024, Akastor reported total carbon emissions of approximately 166.2 million kg CO2e. This figure includes Scope 1 emissions of about 23.1 million kg CO2e, Scope 2 emissions of 1,000 kg CO2e, and significant Scope 3 emissions amounting to approximately 143.2 million kg CO2e. The previous year, 2023, Akastor's total emissions were approximately 16.8 million kg CO2e, primarily from Scope 1 emissions of about 16.8 million kg CO2e, with no reported Scope 2 or Scope 3 emissions. In 2022, the company recorded total emissions of approximately 79.3 million kg CO2e, with Scope 1 emissions at about 18.5 million kg CO2e, Scope 2 emissions at 100,000 kg CO2e, and Scope 3 emissions reaching approximately 27.3 million kg CO2e. Despite these figures, Akastor has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in the Science Based Targets initiative (SBTi). Their emissions data is not cascaded from any parent organization, and all reported figures are directly from Akastor ASA. Overall, Akastor's emissions profile highlights a significant reliance on Scope 3 emissions, indicating potential areas for future climate action and improvement.

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201420152016201720192020202220232024
Scope 1
171
00,000,000
00,000,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
-
0,000,000
0,000,000
0,000,000
0,000,000
-
000,000
-
0,000
Scope 3
-
-
-
-
-
-
00,000,000
-
000,000,000

How Carbon Intensive is Akastor's Industry?

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

How Carbon Intensive is Akastor's Location?

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.

Akastor's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Akastor has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare Akastor's Emissions with Industry Peers

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Halliburton

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•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 22 days ago

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Other business services (74)
Updated about 2 hours ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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