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.

9

Industry Benchmark

Ocean Yield Asa's score of 13 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

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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. Notably, the company did not report any Scope 1 or Scope 2 emissions for that year. In 2020, their emissions included about 20,000,000,000 kg CO2e in Scope 1 and approximately 1,210,000,000,000 kg CO2e in Scope 3. The 2019 data showed similar trends, with Scope 1 emissions at about 11,000,000 kg CO2e and Scope 3 emissions around 1,212,000,000,000 kg CO2e. Despite the substantial emissions figures, Ocean Yield ASA has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or targets suggests that the company may still be in the early stages of formalising its climate commitments. As a leading player in the maritime industry, Ocean Yield ASA's future climate strategies will be crucial in addressing the growing concerns surrounding carbon emissions and sustainability.

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201920202021
Scope 1
11,000,000
00,000,000,000
-
Scope 2
-
-
-
Scope 3
1,212,000,000
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. This request for Ocean Yield Asa is in NO, which has a very low grid carbon intensity relative to other regions.

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 participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

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