Fred. Olsen Seawind
Fred. Olsen Seawind, a prominent player in the renewable energy sector, is headquartered in Norway. Established in 1998, the company has made significant strides in the offshore wind industry, focusing on the development and operation of wind farms across Europe and beyond. Specialising in innovative solutions for sustainable energy, Fred. Olsen Seawind offers a range of services, including project development, engineering, and asset management. Their commitment to environmental stewardship and cutting-edge technology sets them apart in a competitive market. With a strong market position, Fred. Olsen Seawind has achieved notable milestones, contributing to the growth of renewable energy and helping to shape a greener future. Their expertise and dedication to quality make them a trusted partner in the transition to sustainable energy solutions.
DitchCarbon Score
How does Fred. Olsen Seawind'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 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
Fred. Olsen Seawind's score of 19 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fred. Olsen Seawind's reported carbon emissions
In 2023, Fred. Olsen Seawind reported total carbon emissions of approximately 367,336,000 kg CO2e. This figure includes 237,422,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 1,386,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions amounted to about 128,526,000 kg CO2e, encompassing all other indirect emissions that occur in the value chain. In 2022, the company's total emissions were approximately 242,568,000 kg CO2e, with Scope 1 emissions at 215,109,000 kg CO2e, Scope 2 at 978,000 kg CO2e, and Scope 3 emissions reaching about 26,481,000 kg CO2e. The previous year, 2021, saw total emissions of around 99,480,000 kg CO2e, primarily driven by Scope 1 emissions of 95,797,000 kg CO2e. Despite the significant emissions reported, there are currently no publicly disclosed reduction targets or climate pledges from Fred. Olsen Seawind. The company operates within an industry context that increasingly prioritises sustainability and carbon reduction, yet specific initiatives or commitments to reduce emissions have not been outlined.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 95,797,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,783,000 | 000,000 | 0,000,000 |
| Scope 3 | 1,900,000 | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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 Seawind 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.
