Public Profile

Fred. Olsen Ocean Ltd.

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.

12

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 12 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

Fred. Olsen Ocean Ltd.'s reported carbon emissions

Fred. Olsen Ocean Ltd., headquartered in Norway, currently does not have available carbon emissions data for the most recent year, nor does it specify any reduction targets or climate pledges. Without specific emissions figures or commitments, it is challenging to assess their carbon footprint or climate strategy. However, the company is likely aware of the industry's increasing focus on sustainability and may be exploring initiatives to align with global climate goals. As the maritime sector faces pressure to reduce greenhouse gas emissions, Fred. Olsen Ocean Ltd. may consider developing measurable targets in the future to enhance its environmental performance.

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. Fred. Olsen Ocean Ltd. is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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.

Fred. Olsen Ocean Ltd. is not committed to any reduction initiatives 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

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