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 Services Auxiliary to Financial Intermediation 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 47 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hitecvision's reported carbon emissions
In 2023, Hitecvision reported total carbon emissions of approximately 2,774,213,000 kg CO2e. This figure includes 220,082,000 kg CO2e from Scope 1 emissions, 2,110,000 kg CO2e from Scope 2, and a significant 2,552,022,000 kg CO2e from Scope 3 emissions. Hitecvision has set ambitious climate commitments, aiming for all its portfolio companies to establish science-based emissions reduction targets by 2030. This commitment applies to both Scope 1 and Scope 2 emissions, reflecting a proactive approach to mitigating climate impact. In comparison, the previous year's emissions in 2022 were reported at 481,793,000 kg CO2e, with Scope 1 emissions at 301,180,000 kg CO2e, Scope 2 at 2,013,000 kg CO2e, and Scope 3 at 178,600,000 kg CO2e. This indicates a substantial increase in total emissions in 2023, primarily driven by Scope 3 emissions, which are often the largest component for companies in the investment sector. Hitecvision's commitment to reducing emissions aligns with industry standards and reflects a growing recognition of the need for sustainable practices in investment strategies.
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| 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 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.
