Public Profile

Ocean Yield Asa

Ocean Yield ASA, headquartered in Norway, is a prominent player in the maritime and shipping industry, specialising in the acquisition and operation of modern, high-quality vessels. Founded in 2012, the company has established a strong presence in key operational regions, including Europe and the Americas, focusing on sectors such as offshore support and renewable energy. With a diverse portfolio that includes advanced shipping assets, Ocean Yield ASA is recognised for its long-term charter agreements, which provide stable cash flows and mitigate market risks. The company’s commitment to sustainability and innovation sets it apart in a competitive landscape, positioning it as a leader in the maritime sector. Notable achievements include a robust fleet and strategic partnerships that enhance its market position, reflecting its dedication to growth and operational excellence.

DitchCarbon Score

How does Ocean Yield 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.

13

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.

5

Industry Benchmark

Ocean Yield Asa's score of 13 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

Ocean Yield Asa's reported carbon emissions

In 2021, Ocean Yield ASA reported significant carbon emissions, with Scope 3 emissions amounting to approximately 1,400,000,000,000 kg CO2e. The company did not disclose any Scope 1 or Scope 2 emissions for that year. In 2020, their Scope 1 emissions were about 20,000,000,000 kg CO2e, while Scope 3 emissions remained consistent at approximately 1,210,000,000,000 kg CO2e. In 2019, Scope 1 emissions were reported at about 10,000,000,000 kg CO2e, with Scope 3 emissions again at approximately 1,210,000,000,000 kg CO2e. Despite these substantial emissions figures, Ocean Yield ASA has not set specific reduction targets or made formal climate pledges. The absence of documented reduction initiatives suggests a need for enhanced climate commitments within the industry context. As a company headquartered in Norway, Ocean Yield ASA operates in a sector increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear sustainability goals and strategies to mitigate carbon emissions.

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Add to project
201920202021
Scope 1
10,000,000,000
00,000,000,000
-
Scope 2
-
-
-
Scope 3
1,210,000,000,000
0,000,000,000,000
0,000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ocean Yield Asa's primary industry is Sea and coastal water transportation services, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ocean Yield Asa is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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.

Ocean Yield Asa is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers