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 29 is lower than 99% 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 9,159,300 kg CO2e. This figure includes 835,600 kg CO2e from Scope 1 emissions, 8,265,700 kg CO2e from Scope 2 emissions, and 58,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company’s total emissions were about 7,956,600 kg CO2e, with Scope 1 emissions at 757,800 kg CO2e, Scope 2 at 7,148,700 kg CO2e, and Scope 3 at 50,100 kg CO2e. The 2021 emissions were approximately 8,082,200 kg CO2e, comprising 274,000 kg CO2e from Scope 1, 7,734,800 kg CO2e from Scope 2, and 73,500 kg CO2e from Scope 3. Despite the fluctuations in emissions over the years, Grand Ocean Advanced Resources has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for enhanced strategies to address their carbon footprint effectively. The company operates within an industry context that increasingly prioritises sustainability and carbon neutrality, highlighting the importance of establishing clear climate action plans.
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Add to project| 2021 | 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.
