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Public Profile
Maritime Transport
NO
updated 5 months ago

Fred. Olsen Ocean Ltd.

Company website

Fred. Olsen Ocean Ltd., headquartered in Norway, is a prominent player in the maritime industry, specialising in offshore services and renewable energy solutions. Founded in 1848, the company has a rich history marked by significant milestones, including its expansion into the offshore wind sector, which has positioned it as a leader in sustainable maritime operations. With a focus on providing innovative solutions for offshore wind farms and other marine projects, Fred. Olsen Ocean offers a range of services, including installation, maintenance, and decommissioning. Their commitment to environmental sustainability and operational excellence sets them apart in a competitive market. Recognised for their expertise and reliability, Fred. Olsen Ocean continues to strengthen its market position, contributing to the global transition towards renewable energy.

DitchCarbon Score

How does Fred. Olsen Ocean Ltd.'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.

46

Industry Average

Mean score of companies in the Maritime 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.

9

Industry Benchmark

Fred. Olsen Ocean Ltd.'s score of 46 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

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Fred. Olsen Ocean Ltd.'s reported carbon emissions

Inherited from Bonheur ASA

Fred. Olsen Ocean Ltd., headquartered in Norway, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Bonheur ASA, which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges from Fred. Olsen Ocean Ltd. This lack of specific initiatives suggests that the company may still be in the early stages of formalising its climate strategy. The emissions data and climate commitments may be inherited from its parent company, Bonheur ASA, which could provide a broader context for understanding Fred. Olsen Ocean Ltd.'s environmental impact and goals. However, without explicit data or targets from either organisation, it is challenging to assess their current carbon footprint or future commitments in detail. In summary, while Fred. Olsen Ocean Ltd. is part of a corporate family that may have climate initiatives, specific emissions data and reduction targets are currently unavailable.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2021202220232024
Scope 1
95,797,000
000,000,000
0,000,000
0,000,000
Scope 2
1,783,000
000,000
000,000
000,000
Scope 3
1,900,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fred. Olsen Ocean Ltd.'s primary industry is Sea and coastal water transportation services, which is high 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 Fred. Olsen Ocean Ltd. is in NO, which has a very low grid carbon intensity relative to other regions.

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.

Fred. Olsen Ocean Ltd. 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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