Ocyan S.A. Sustainability Profile
Ocyan S.A., headquartered in Brazil, is a prominent player in the oil and gas industry, specialising in offshore exploration and production. Founded in 2018, the company has quickly established itself as a key operator in the Brazilian pre-salt region, leveraging advanced technologies and innovative practices to enhance operational efficiency. With a focus on sustainable energy solutions, Ocyan offers a range of services, including drilling, subsea engineering, and project management. Their commitment to safety and environmental stewardship sets them apart in a competitive market. Notably, Ocyan has achieved significant milestones in operational excellence, positioning itself as a trusted partner in the energy sector. As the company continues to expand its footprint, it remains dedicated to delivering high-quality services while contributing to Brazil's energy landscape.
DitchCarbon Score
How does Ocyan S.A.'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
Ocyan S.A.'s score of 13 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ocyan S.A.'s reported carbon emissions
In 2023, Ocyan S.A. reported total carbon emissions of approximately 6,121,921,000 kg CO2e. This figure includes Scope 1 emissions of about 20,270,800 kg CO2e, Scope 2 emissions of approximately 46,300 kg CO2e, and significant Scope 3 emissions totalling around 537,158,500 kg CO2e. The previous year, 2022, saw total emissions of about 8,187,253,500 kg CO2e, indicating a reduction in emissions year-on-year. Ocyan S.A. has disclosed emissions data across all three scopes (1, 2, and 3) for the years 2021 to 2023, demonstrating transparency in their reporting. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments, nor are there any targets set through the Science Based Targets initiative (SBTi). As a current subsidiary of Ocyan S.A., the emissions data reflects the company's operational impact without inherited targets from a parent organisation. The company is committed to addressing its carbon footprint, although specific reduction strategies have not been detailed.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 20,317,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 187,700 | 000,000 | 000,000 | 00,000 | 00,000 |
| Scope 3 | 606,838,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Ocyan S.A.'s Industry?
How Carbon Intensive is Ocyan S.A.'s Location?
Ocyan S.A.'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.
Ocyan S.A. 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.
