Hitecvision
HitecVision, a leading private equity firm headquartered in Norway, has established itself as a prominent player in the energy and technology sectors since its founding in 2001. With a strong operational presence across Europe and North America, the firm focuses on investments in oil and gas, renewable energy, and technology-driven solutions. HitecVision is renowned for its strategic approach to identifying and nurturing innovative companies, particularly in the energy transition space. The firm’s unique blend of industry expertise and capital has enabled it to achieve significant milestones, including successful partnerships and exits that underscore its market position. With a commitment to sustainability and growth, HitecVision continues to shape the future of energy and technology investments.
DitchCarbon Score
How does Hitecvision'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 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
Hitecvision's score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hitecvision's reported carbon emissions
In 2023, Hitecvision reported total carbon emissions of approximately 2,774,213,000 kg CO2e, with Scope 1 emissions at about 220,082,000 kg CO2e, Scope 2 emissions at around 2,110,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 2,552,022,000 kg CO2e. The company has shown a trend in emissions over the years, with total emissions in 2022 being about 481,793,000 kg CO2e, and Scope 1 and 2 emissions in 2021 at approximately 320,000,000 kg CO2e. However, there are no specific reduction targets or initiatives disclosed in their reports, indicating a lack of formal commitments to reduce emissions at this time. Hitecvision's emissions data reflects its operations in the oil and gas sector, where carbon intensity metrics are crucial. The company has reported carbon intensity figures for various years, with a notable carbon intensity of 0.0023 kg CO2e per barrel in 2013 and 0.001383 kg CO2e per barrel in 2018. Overall, while Hitecvision has provided extensive emissions data, it currently lacks defined reduction targets or climate pledges, which are essential for aligning with industry standards and addressing climate change effectively.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 281,797,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 13,394,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,030,000 | 0,000,000 | 00,000,000 | 0,000 | 00,000 | 000,000,000 | 0,000,000,000 |
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.
Hitecvision 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.
