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OrganisationsHitecvision
Hitecvision logo

Hitecvision

Services Auxiliary to Financial IntermediationNorway
Last verified 12 days agohitecvision.com

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.

62
DitchCarbon score

+26 vs industry average

Hitecvision’s score of 62 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2028

000.0M000.0M000.0M000.0M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hitecvision's reported carbon emissions

In 2025, Hitecvision reported total carbon emissions of approximately 372.1 million kg CO2e, comprising 35.2 million kg CO2e from Scope 1, 0.6 million kg CO2e from Scope 2, and about 336.3 million kg CO2e from Scope 3 emissions. This marked an increase from 2024, where total emissions were approximately 335.5 million kg CO2e, with Scope 1 emissions at 33.7 million kg CO2e, Scope 2 at 0.3 million kg CO2e, and Scope 3 at about 301.5 million kg CO2e. Hitecvision has set ambitious climate commitments, aiming for all its portfolio companies to establish science-based emissions reduction targets by 2030. This commitment encompasses both Scope 1 and Scope 2 emissions. Additionally, the company plans to divest from all fossil fuel exploration and production portfolio companies by 2030, while increasing investments in firms that support the European energy transition. The emissions data is cascaded from HitecVision AS, reflecting the company's commitment to transparency and accountability in its climate strategy.

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Hitecvision’s Climate Goals (2030 & 2050)

3 goals

2030

We expect to be divested from all fossil fuel exploration an…

We expect to be divested from all fossil fuel exploration and production portfolio companies by 2030, while scaling up investments in compan…

Behind target0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hitecvision logoHitecvision
NOServices Auxiliary to Financial Intermediation
12 days ago
62
Slb logoSlb
USCrude Oil Extraction
7 days ago
76
View
Sbm Offshore logoSbm Offshore
NLGas/Diesel Oil
4 days ago
69
View
Vallourec logoVallourec
FRFurniture Manufacturing
10 days ago
67
View
Subsea 7 logoSubsea 7
GBOther Services
10 days ago
63
View
Aker Asa logoAker Asa
NOGas/Diesel Oil
10 hours ago
56
View
Baker Hughes logoBaker Hughes
USMachinery and Equipment
3 days ago
45
View

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Ditchcarbonv260319.2
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