Aker Carbon Capture

Aker Carbon Capture's reported carbon emissions

Aker Carbon Capture, headquartered in Norway and operating in the Other Services (93) industry, is actively engaged in reducing its environmental impact. **Emissions Data:** For the fiscal year 2024, Aker Carbon Capture reported total emissions of approximately 4.78 million kg CO2e, comprising 17,000 kg CO2e of Scope 1 emissions, 26,000 kg CO2e of Scope 2 emissions, and 4,610,000 kg CO2e of Scope 3 emissions. In 2023, the company's total emissions were approximately 17.2 million kg CO2e. This included 300 kg CO2e of Scope 1 emissions, approximately 45,000 kg CO2e for Scope 2 (location-based), and 17.19 million kg CO2e for Scope 3. Key contributors to its Scope 3 emissions in 2023 were purchased goods and services (approximately 16.44 million kg CO2e), and business travel (approximately 675,000 kg CO2e). For 2022, Aker Carbon Capture reported total emissions of approximately 18.27 million kg CO2e. This breakdown included 500 kg CO2e of Scope 1 emissions, approximately 82,000 kg CO2e for Scope 2 (location-based), and 17.84 million kg CO2e for Scope 3. Notably, purchased goods and services were the largest component of Scope 3 emissions, at approximately 17.84 million kg CO2e. In 2021, the company's reported emissions were approximately 119,000 kg CO2e, consisting of 3,000 kg CO2e of Scope 2 emissions (location-based) and 116,000 kg CO2e of Scope 3 emissions. Scope 1 emissions were not reported for this year. For 2020, Aker Carbon Capture reported approximately 20,000 kg CO2e in total emissions, comprising 1,000 kg CO2e for Scope 2 (location-based) and 19,000 kg CO2e for Scope 3 emissions. Scope 1 emissions were not reported. **Climate Commitments and Reduction Initiatives:** Aker Carbon Capture is committed to significant carbon reduction targets. The company aims to improve the carbon intensity of its products by 50% by 2030, a target applicable to both Scope 1 and Scope 2 emissions. Furthermore, Aker Carbon Capture is ambitiously targeting carbon net-negative status by 2030, aligning with more ambitious goals than those currently outlined by the Science-Based Targets initiative (SBTi). This net-zero ambition extends to Scope 1, Scope 2, and Scope 3 emissions. In addition to these overarching goals, Aker Carbon Capture has secured contracts to capture 10 million tonnes of CO2 per annum by 2025, demonstrating a clear focus on its core business as a carbon capture solution provider. The company also participates in broader industry initiatives, with a target that all its portfolio companies shall have set science-based emissions reduction targets by 2030. Aker Carbon Capture ASA has committed to net-zero emissions by 2050.