Knutsen NYK Offshore Tankers AS, commonly referred to as Knutsen, is a prominent player in the sea and coastal water transportation services industry, headquartered in Norway. Established in 1997, the company has built a strong reputation for its innovative solutions in the transportation of crude oil and liquefied natural gas (LNG), primarily operating in key regions such as the North Sea and the Mediterranean.
Knutsen's fleet is distinguished by its advanced technology and commitment to safety and environmental sustainability, offering a range of services that include shuttle tankers and floating storage units. The company has achieved significant milestones, including the development of state-of-the-art vessels that meet stringent industry standards. With a solid market position, Knutsen continues to be recognised for its reliability and efficiency in offshore transportation, making it a trusted partner in the energy sector.
+30 vs industry average
Knutsen NYK Offshore Tankers AS’s score of 38 is higher than 70% 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
Maritime Transport is among the most carbon-intensive industries
Industry performance
The Maritime Transport industry has increased its overall emissions by 30% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Knutsen NYK Offshore Tankers AS's reported carbon emissions
Knutsen NYK Offshore Tankers AS (KNOT), a leader in sea and coastal water transportation services headquartered in NO, has disclosed its carbon emissions for several years. In 2024, KNOT reported total emissions of approximately 681.1 million kg CO2e. This figure comprises approximately 220.0 million kg CO2e of Scope 1 emissions, about 0.3 million kg CO2e of Scope 2 emissions, and approximately 458.9 million kg CO2e of Scope 3 emissions. For the preceding year, 2023, total emissions were approximately 715.9 million kg CO2e. This breakdown includes about 235.4 million kg CO2e for Scope 1, 0.3 million kg CO2e for Scope 2, and 480.2 million kg CO2e for Scope 3. In 2022, the company's total emissions were approximately 725.2 million kg CO2e, with Scope 1 emissions at about 250.0 million kg CO2e, Scope 2 at approximately 0.1 million kg CO2e, and Scope 3 at around 475.1 million kg CO2e. KNOT's 2021 emissions totalled approximately 969.0 million kg CO2e, with Scope 1 accounting for about 255.0 million kg CO2e, Scope 2 for approximately 7.4 million kg CO2e, and Scope 3 for about 708.0 million kg CO2e. In 2020, KNOT reported Scope 1 emissions of approximately 750.0 million kg CO2e and Scope 2 emissions of about 3.5 million kg CO2e. Scope 3 emissions data was not disclosed for this year. KNOT's climate commitments and reduction targets are cascaded from its ultimate parent, Nippon Yusen Kabushiki Kaisha. While specific reduction targets for Knutsen NYK Offshore Tankers AS are not detailed here, the company participates in industry-wide initiatives and reports its environmental performance. The available data indicates a focus on disclosing emissions across Scope 1, 2, and 3, underscoring a commitment to transparency in its climate impact. Some Scope 3 data points, including purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution, were noted as missing in their reporting.
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Knutsen NYK Offshore Tankers AS’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Knutsen NYK Offshore Tankers AS yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Knutsen NYK Offshore Tankers AS
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