Kværner ASA Sustainability Profile
Kværner ASA, a prominent player in the engineering and construction sector, is headquartered in Norway. Founded in 1853, the company has established itself as a leader in delivering innovative solutions for the oil and gas industry, particularly in the North Sea region and other major operational areas worldwide. Specialising in the design and construction of offshore platforms, Kværner is renowned for its commitment to sustainability and efficiency, offering unique services that include decommissioning and maintenance of oil and gas facilities. With a strong market position, Kværner has achieved significant milestones, including successful project completions that underscore its expertise and reliability. The company continues to shape the future of energy infrastructure, making it a key player in the global market.
DitchCarbon Score
How does Kværner ASA'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 Crude Oil Extraction 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
Kværner ASA's score of 67 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kværner ASA, headquartered in Norway, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is part of a merged entity with Aker Solutions ASA, which influences its climate commitments and reporting. Kværner ASA's climate initiatives and reduction targets are inherited from Aker Solutions ASA, which has established various sustainability frameworks. However, specific reduction targets or achievements for Kværner ASA are not detailed in the available data. The company is involved in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are sourced from Aker Solutions ASA. As part of its commitment to sustainability, Kværner ASA aligns with industry standards and practices, although specific metrics or targets are not disclosed. The lack of direct emissions data suggests that the company may still be in the process of developing its own comprehensive climate strategy or reporting framework.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 5,782,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 13,150,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 15,094,000 | 00,000,000 | 0,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Kværner ASA's Industry?
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Kværner ASA's Scope 3 Categories Breakdown
Kværner ASA's Scope 3 emissions, which increased by 14% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 56% of Scope 3 emissions.
Top Scope 3 Categories
Kværner ASA'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.
Kværner ASA has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
