Grand Ocean Advanced Resources
Grand Ocean Advanced Resources, also known as Grand Ocean, is a leading player in the marine and offshore industry, headquartered in Hong Kong with significant operations across Asia and beyond. Established in 2005, the company has achieved notable milestones, including the expansion of its service offerings and strategic partnerships that enhance its market presence. Specialising in marine engineering, offshore construction, and environmental services, Grand Ocean distinguishes itself through innovative solutions and a commitment to sustainability. Its core products and services cater to a diverse clientele, ensuring compliance with the highest industry standards. With a strong reputation for reliability and excellence, Grand Ocean Advanced Resources continues to solidify its position as a trusted partner in the global marine sector.
DitchCarbon Score
How does Grand Ocean Advanced Resources'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 Business Services 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
Grand Ocean Advanced Resources's score of 24 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grand Ocean Advanced Resources's reported carbon emissions
In 2023, Grand Ocean Advanced Resources reported total carbon emissions of approximately 9.16 million tonnes CO2e. This figure includes 835,600 tonnes CO2e from Scope 1 emissions, 8.27 million tonnes CO2e from Scope 2 emissions, and 58,000 tonnes CO2e from Scope 3 emissions. In 2022, the company achieved a reduction in total emissions to about 7.96 million tonnes CO2e, down from 8.08 million tonnes CO2e in 2021. The breakdown for 2022 shows 757,800 tonnes CO2e from Scope 1, 7.15 million tonnes CO2e from Scope 2, and 50,100 tonnes CO2e from Scope 3. Despite these reductions, Grand Ocean Advanced Resources has not publicly committed to specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The company continues to monitor its emissions and is focused on improving its carbon footprint in alignment with industry standards.
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Add to project2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 274,000 | 000,000 | 000,000 |
| Scope 2 | 7,734,800 | 0,000,000 | 0,000,000 |
| Scope 3 | 73,500 | 00,000 | 00,000 |
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.
Grand Ocean Advanced Resources 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.
