Grand Ocean Advanced Resources
Grand Ocean Advanced Resources, commonly referred to as Grand Ocean, is a leading player in the marine and offshore industry, headquartered in Hong Kong. Established in 2001, the company has made significant strides in providing innovative solutions for marine engineering, offshore construction, and environmental protection. With a strong operational presence across Asia and beyond, Grand Ocean is renowned for its core services, including underwater engineering, marine logistics, and project management. Their commitment to sustainability and advanced technology sets them apart in a competitive market. Recognised for their expertise, Grand Ocean has achieved notable milestones, positioning itself as a trusted partner in the industry. Their dedication to quality and safety has earned them a solid reputation, making them a preferred choice for clients seeking reliable marine solutions.
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 26 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grand Ocean Advanced Resources's reported carbon emissions
In 2024, Grand Ocean Advanced Resources, headquartered in Hong Kong (HK), reported total carbon emissions of approximately 2,056,000 kg CO2e. This figure includes Scope 1 emissions of about 282,000 kg CO2e, Scope 2 emissions of approximately 1,590,000 kg CO2e, and Scope 3 emissions of around 184,000 kg CO2e. Comparatively, in 2023, the company recorded total emissions of about 2,169,000 kg CO2e, with Scope 1 at approximately 317,000 kg CO2e, Scope 2 at around 1,671,000 kg CO2e, and Scope 3 at about 181,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Despite these figures, Grand Ocean Advanced Resources has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company does not currently participate in any climate pledges or initiatives aimed at reducing carbon emissions. Overall, while Grand Ocean Advanced Resources has made strides in tracking its emissions, further commitments and reduction strategies would enhance its climate action profile.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,204,370 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 47,996,880 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 586,630 | 000,000 | 000,000 | 00,000 | 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 participating in any of the initiatives that 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.
