Golden Ocean

Golden Ocean, headquartered in Bermuda (BM) and operating in Sea and coastal water transportation services, is committed to reducing its carbon emissions.

In 2024, Golden Ocean reported Scope 1 emissions of 2,176,400,000 kg CO2e, Scope 2 market-based emissions of 119,000 kg CO2e, and Scope 3 business travel emissions of 33,480 kg CO2e. For 2023, the company's Scope 1 emissions were 1,952,668,000 kg CO2e, Scope 2 market-based emissions were 1,570 kg CO2e, and Scope 3 business travel emissions were 18,100 kg CO2e. In 2022, Golden Ocean's Scope 1 emissions were 1,867,760,000 kg CO2e, with Scope 2 market-based emissions at 1,800 kg CO2e and Scope 3 business travel emissions at 25,800 kg CO2e.

Golden Ocean has set ambitious climate commitments, aiming for a 15% reduction in its fleet's Carbon Intensity Indicator (CII) by 2026 and a 30% reduction by 2030, both against a 2019 baseline. The company also targets achieving net-zero emissions by 2050 across all scopes. These reduction targets are specifically related to Scope 1 emissions through improvements in vessel efficiency.

Golden Ocean's emissions data and reduction initiatives are cascaded from its parent company, Golden Ocean Group Limited.