Golden Ocean

Golden Ocean, headquartered in BM, operates in sea and coastal water transportation services. In 2024, the company reported approximately 2,176,400,000 kg CO2e in Scope 1 emissions, 119,000 kg CO2e in market-based Scope 2 emissions, and 33,480 kg CO2e in Scope 3 business travel emissions.

For 2023, Golden Ocean's Scope 1 emissions were approximately 1,952,668,000 kg CO2e, with market-based Scope 2 emissions at 1,570 kg CO2e, and Scope 3 business travel emissions at 18,100 kg CO2e. In 2022, Scope 1 emissions were around 1,867,760,000 kg CO2e, market-based Scope 2 emissions were 1,800 kg CO2e, and Scope 3 business travel emissions were 25,800 kg CO2e. The company's 2021 emissions included approximately 1,936,521,000 kg CO2e for Scope 1 and 50,000 kg CO2e for Scope 2 purchased electricity. In 2020, Golden Ocean reported approximately 1,596,329,000 kg CO2e in Scope 1 emissions and 41,000 kg CO2e in Scope 2 emissions.

Golden Ocean has committed to reducing its fleet's Carbon Intensity Indicator (CII) by 15% by 2026 and by 30% by 2030, both against a 2019 baseline. The company also aims to achieve net-zero emissions across all scopes by 2050. These targets are cascaded from its parent organization, Golden Ocean Group Limited.