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Kvaerner ASA, often simply referred to as Kvaerner, stands as a prominent Norwegian EPC contractor, headquartered in Norway. Specialising in crude petroleum and related services, excluding surveying, Kvaerner delivers complex projects for the offshore oil and gas industry.
With a legacy dating back to 1853, Kvaerner has evolved significantly, boasting a rich history of innovation and engineering excellence. The company's core services encompass the engineering, procurement, and construction of offshore platforms, floating production units, and onshore facilities, including comprehensive maintenance and modifications.
Kvaerner's unique strength lies in its integrated project delivery approach, combining advanced technical expertise with robust project management. This enables them to successfully execute challenging projects globally, maintaining a strong presence in key oil and gas regions worldwide. Their commitment to safety and operational efficiency solidifies their position as a trusted partner in the energy sector.
+45 vs industry average
Kværner ASA’s score of 61 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Crude Oil Extraction is among the most carbon-intensive industries
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
No reported emissions data is available for Kværner ASA yet.
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.
No climate goals have been disclosed for Kværner ASA yet.
No scope 3 category breakdown has been disclosed yet.


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