Farstad Shipping ASA Sustainability Profile
Farstad Shipping ASA, a prominent player in the maritime industry, is headquartered in Norway (NO) and operates extensively in key regions such as the North Sea, Australia, and Brazil. Founded in 1980, the company has established itself as a leader in providing high-quality offshore support services, particularly for the oil and gas sector. Specialising in the operation of advanced offshore vessels, Farstad Shipping offers a diverse range of services, including platform supply, anchor handling, and subsea support. Their commitment to safety, innovation, and environmental sustainability sets them apart in a competitive market. With a strong fleet and a reputation for reliability, Farstad Shipping ASA continues to achieve significant milestones, reinforcing its position as a trusted partner in the global maritime landscape.
DitchCarbon Score
How does Farstad Shipping ASA'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 Inland Water Transport 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
Farstad Shipping ASA's score of 40 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Farstad Shipping ASA, headquartered in Norway (NO), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Solstad Offshore ASA, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or climate pledges from Farstad Shipping ASA, it is important to note that emissions data and performance metrics may be inherited from its parent company, Solstad Offshore ASA. This relationship suggests that Farstad Shipping ASA may align its climate strategies with those of Solstad Offshore ASA, although specific details on emissions or targets are not available. As a part of the maritime industry, Farstad Shipping ASA is likely to be affected by broader sectoral initiatives aimed at reducing greenhouse gas emissions and enhancing sustainability practices. However, without specific data or commitments, the company's individual climate impact remains unclear.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 714,722,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 156,000 | 000,000 | 000,000 | 000,000 | - | - | 00,000 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Farstad Shipping ASA's Industry?
How Carbon Intensive is Farstad Shipping ASA's Location?
Farstad Shipping ASA's Scope 3 Categories Breakdown
Farstad Shipping ASA's Scope 3 emissions, which decreased by 79% last year and decreased by approximately 81% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 34% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 20% of Scope 3 emissions.
Top Scope 3 Categories
Farstad Shipping ASA's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Farstad Shipping ASA has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
