Altera Infrastructure
Altera Infrastructure, headquartered in Bermuda (BM), is a prominent player in the offshore energy sector, specialising in the operation and management of floating production storage and offloading (FPSO) units. Founded in 2017, the company has rapidly established itself in key operational regions, including Brazil and the North Sea, delivering innovative solutions that enhance the efficiency and sustainability of oil and gas production. With a focus on providing high-quality FPSO services, Altera Infrastructure distinguishes itself through its commitment to safety, environmental stewardship, and operational excellence. The company has achieved significant milestones, including the successful deployment of advanced technologies that optimise production processes. Recognised for its strong market position, Altera Infrastructure continues to play a vital role in the evolving energy landscape, contributing to the transition towards more sustainable energy practices.
DitchCarbon Score
How does Altera Infrastructure'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.
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.
Industry Benchmark
Altera Infrastructure's score of 38 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Altera Infrastructure's reported carbon emissions
In 2023, Altera Infrastructure reported total carbon emissions of approximately 984,884,000 kg CO2e. This figure includes Scope 1 emissions of about 19,646,000 kg CO2e, Scope 2 emissions of approximately 16,401,000 kg CO2e (with a market-based approach contributing about 4,912,000 kg CO2e), and significant Scope 3 emissions totalling around 266,237,000 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from fuel and energy-related activities (about 161,225,000 kg CO2e) and downstream leased assets (approximately 89,915,000 kg CO2e). In comparison, the previous year, 2022, saw total emissions of about 757,824,000 kg CO2e for Scope 1, 525,000 kg CO2e for Scope 2, and 375,772,000 kg CO2e for Scope 3. This indicates a notable increase in emissions across all scopes in 2023. Despite the lack of specific reduction targets or initiatives disclosed, Altera Infrastructure is committed to addressing its carbon footprint. The company has acknowledged the importance of climate action within the industry context, although no formal climate pledges or SBTi (Science Based Targets initiative) reduction targets have been established. Altera Infrastructure's headquarters is located in BM, and the company continues to navigate the challenges of reducing its carbon emissions while maintaining operational efficiency in the energy sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 16,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Altera Infrastructure 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.
