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Public Profile
Machinery and Equipment
NO
updated 24 days ago

Flexit AS Sustainability Profile

Company website

Flexit AS, headquartered in Norway, is a leading player in the energy and technology sector, specialising in innovative solutions for the oil and gas industry. Founded in 2005, the company has established a strong presence in key operational regions, including the North Sea and other significant offshore markets. Flexit AS is renowned for its advanced flexible pipe systems and subsea solutions, which are designed to enhance operational efficiency and safety. Their unique offerings, such as the patented Flexit pipe technology, set them apart in a competitive landscape. With a commitment to sustainability and cutting-edge engineering, Flexit AS has achieved notable milestones, solidifying its market position as a trusted partner for major energy companies.

DitchCarbon Score

How does Flexit AS'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.

21

Industry Average

Mean score of companies in the Machinery and Equipment 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.

23

Industry Benchmark

Flexit AS's score of 21 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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Flexit AS's reported carbon emissions

In 2021, Flexit AS reported carbon emissions of approximately 2,000 kg CO2e per full-time equivalent (FTE) and about 0.000003 tonnes CO2e per unit of revenue. This represents a significant reduction from 2020, where emissions were about 4,000 kg CO2e per FTE and 0.000008 tonnes CO2e per unit of revenue. In 2019, the emissions were even higher at approximately 8,000 kg CO2e per FTE and 0.000018 tonnes CO2e per unit of revenue. Flexit AS has not disclosed specific Scope 1, 2, or 3 emissions data, nor have they set formal reduction targets through initiatives such as the Science Based Targets initiative (SBTi). The company has not reported any climate pledges or commitments to specific reduction initiatives. Overall, Flexit AS is demonstrating a trend of decreasing emissions intensity relative to both employee count and revenue, indicating a commitment to improving their carbon footprint, although further transparency and formal commitments would enhance their climate strategy.

How Carbon Intensive is Flexit AS's Industry?

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Flexit AS's primary industry is Machinery and equipment n.e.c. (29), which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Flexit AS's Location?

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 Flexit AS is in NO, which has a very low grid carbon intensity relative to other regions.

Flexit AS'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.

Flexit AS 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.

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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