Fred. Olsen Cruise Lines
Fred. Olsen Cruise Lines, a prominent name within the "Other transport equipment (35)" industry, is headquartered in the United Kingdom. Established in 1848, the company has a long-standing history of delivering memorable cruise experiences across various regions, including Europe, the Caribbean, and beyond.
Specialising in passenger cruise services, Fred. Olsen is renowned for its intimate ships, personalised service, and unique itineraries that appeal to discerning travellers. Over the years, the company has achieved notable milestones, solidifying its position as a trusted provider of high-quality cruises. With a focus on delivering authentic and enriching journeys, Fred. Olsen Cruise Lines continues to be a distinguished player in the UK’s maritime leisure sector.
-5 vs industry average
Fred. Olsen Cruise Lines’s score of 23 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Transport Equipment Manufacturing is among the most carbon-intensive industries
Industry performance
The Transport Equipment Manufacturing industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Fred. Olsen Cruise Lines's reported carbon emissions
Fred. Olsen Cruise Lines, headquartered in GB and operating within the "Other transport equipment" industry, has been reporting on its carbon emissions and climate commitments.
For the reporting year 2023, Fred. Olsen Cruise Lines reported Scope 1 emissions of approximately 196,931,000 kg CO2e, primarily from stationary combustion. Scope 2 emissions from purchased electricity were around 456,000 kg CO2e. Scope 3 emissions were reported across several categories, with business travel accounting for approximately 10,387,000 kg CO2e, purchased goods and services at about 193,000 kg CO2e, and waste generated in operations at approximately 671,000 kg CO2e.
In 2022, the company's Scope 1 emissions were approximately 180,233,000 kg CO2e, with mobile combustion being a significant contributor. Scope 2 emissions from purchased electricity were about 56,000 kg CO2e. Scope 3 emissions included business travel at roughly 5,243,000 kg CO2e, purchased goods and services at approximately 183,870 kg CO2e, and waste generated in operations at about 5,168,000 kg CO2e. In addition to these figures, a separate disclosure noted shore-based CO2 emissions from electricity as 440 metric tons CO2e for 2022.
For 2021, Scope 1 emissions totalled approximately 102,382,310 kg CO2e, with mobile combustion contributing 84,954,750 kg CO2e. Scope 2 emissions for purchased electricity were around 72,420 kg CO2e. Scope 3 data for purchased goods and services was not available for this year.
In 2020, Scope 1 emissions from mobile combustion were approximately 50,800,710 kg CO2e. Scope 2 and Scope 3 data were not disclosed for this year.
Fred. Olsen Cruise Lines's emissions data for 2021, 2020, and 2019 cascade from the parent organisation, Bonheur ASA, for CDP reporting. Specifically, for the 2021 reporting year, the emissions data reflects disclosures made by Fred. Olsen Cruise Lines Limited.
Fred. Olsen Cruise Lines has indicated its commitment to sustainability through various reports. However, specific, publicly stated reduction targets or achievements, such as Science Based Targets initiative (SBTi) commitments or participation in initiatives like the Climate Pledge, are not detailed in the provided information. The company's initiative sources highlight that CDP data is sourced from Bonheur ASA at cascade level 1.
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Fred. Olsen Cruise Lines’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Fred. Olsen Cruise Lines yet.
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Fred. Olsen Cruise Lines
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