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 64% 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 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 purchased electricity. 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 about 1,130,596,000 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 not cascaded from a parent organisation, ensuring that the reported figures are solely reflective of Altera Infrastructure's operations. Overall, Altera Infrastructure's emissions profile highlights the need for ongoing efforts to address carbon output, particularly in Scope 1 and Scope 3 categories, as the company navigates its climate commitments 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 | 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
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.
