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BM
updated 3 days ago

Altera Infrastructure

Company website

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.

38

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.

26

Industry Benchmark

Altera Infrastructure's score of 38 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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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 713,735,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 4,912,000 kg CO2e from Scope 2 emissions, related to energy consumption. Additionally, Scope 3 emissions totalled about 266,237,000 kg CO2e, encompassing various indirect emissions such as business travel and fuel-related activities. Comparatively, in 2022, the company recorded total emissions of approximately 1,134,596,000 kg CO2e, with Scope 1 emissions at 757,824,000 kg CO2e and Scope 3 emissions at 375,772,000 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Altera Infrastructure has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is sourced directly from Altera Infrastructure L.P., with no cascaded data from a parent or related organization. Overall, Altera Infrastructure's emissions profile reflects a substantial focus on managing and reporting carbon emissions, although further commitments to reduction targets would enhance their climate strategy.

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201820192020202120222023
Scope 1
-
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Altera Infrastructure'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 Altera Infrastructure is in BM, which we do not have grid emissions data for.

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.

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?

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

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