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 16 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Altera Infrastructure's reported carbon emissions
In 2023, Altera Infrastructure reported total carbon emissions of approximately 984,884,000 kg CO2e. This figure includes 19,646,000 kg CO2e from Scope 1 emissions, 16,401,000 kg CO2e from Scope 2 emissions, and 266,237,000 kg CO2e from Scope 3 emissions. Notably, the company has demonstrated a significant reduction in emissions over the years, decreasing from about 2,224,576,000 kg CO2e in 2019 to the latest figure in 2023. The emissions data reveals a consistent effort to manage and reduce carbon footprints across various scopes. For instance, Scope 1 emissions have decreased from 1,895,536,000 kg CO2e in 2019 to 19,646,000 kg CO2e in 2023, indicating a substantial reduction in direct emissions from owned or controlled sources. Similarly, Scope 2 emissions have also seen a decline, from 237,000 kg CO2e in 2019 to 16,401,000 kg CO2e in 2023. Despite these reductions, Altera Infrastructure has not publicly disclosed specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi). The absence of formal commitments suggests a need for further clarity on their long-term climate strategy. Overall, Altera Infrastructure's emissions trajectory reflects a positive trend towards sustainability, aligning with industry standards for climate action.
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Add to project| 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 committed to any reduction initiatives 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.
