Knutsen NYK Offshore Tankers AS Sustainability Profile
Knutsen NYK Offshore Tankers AS, commonly referred to as Knutsen, is a prominent player in the maritime industry, headquartered in Norway. Established in 1997, the company has carved a niche in the offshore shipping sector, specialising in the transportation of crude oil and liquefied natural gas (LNG). With a strong operational presence in key regions such as the North Sea and the Americas, Knutsen has built a reputation for reliability and innovation. The company offers a diverse fleet of advanced tankers, including shuttle tankers and LNG carriers, distinguished by their cutting-edge technology and commitment to safety. Knutsen's strategic partnerships and focus on sustainability have positioned it as a leader in the offshore tanker market, achieving significant milestones in operational efficiency and environmental stewardship.
DitchCarbon Score
How does Knutsen NYK Offshore Tankers AS'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 Maritime Transport 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
Knutsen NYK Offshore Tankers AS's score of 27 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Knutsen NYK Offshore Tankers AS, headquartered in Norway, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of TS Shipping Invest AS, which may influence its emissions profile and climate commitments. As of now, Knutsen NYK Offshore Tankers AS has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate initiatives. This lack of specific targets suggests that the company may still be in the early stages of formalising its climate strategy. Given the absence of emissions data and reduction initiatives, it is essential for Knutsen NYK Offshore Tankers AS to develop a comprehensive approach to carbon management and set measurable targets to align with industry standards and expectations. This would not only enhance their sustainability profile but also contribute positively to the broader maritime industry's efforts to reduce greenhouse gas emissions.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 13,360,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 837,919,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
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Knutsen NYK Offshore Tankers AS's Scope 3 Categories Breakdown
Knutsen NYK Offshore Tankers AS's Scope 3 emissions, which increased by 488% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 64% of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 27% of Scope 3 emissions.
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Knutsen NYK Offshore Tankers AS's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Knutsen NYK Offshore Tankers AS has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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