Odfjell

Odfjell, a sea and coastal water transportation services company headquartered in Norway, reported approximately 2.11 billion kg CO2e in total emissions for 2025. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

In 2024, Odfjell's total emissions were approximately 1.86 billion kg CO2e, with Scope 1 emissions accounting for around 1.18 billion kg CO2e. Scope 2 emissions for the same year were approximately 171,000 kg CO2e (market-based). Scope 3 emissions were approximately 674 million kg CO2e.

For 2023, the company's total emissions were approximately 2.07 billion kg CO2e. Scope 1 emissions were approximately 1.18 billion kg CO2e, and Scope 2 emissions were approximately 138,000 kg CO2e (market-based). Scope 3 emissions for 2023 were approximately 884 million kg CO2e.

Odfjell has set ambitious climate targets. The company aims to improve its carbon intensity by 50% by 2030, using the 2008 baseline. This target applies to both Scope 1 and Scope 2 emissions, measured by the Average Energy Ratio (AER). Furthermore, Odfjell intends to have a zero-emission-capable fleet by 2050, aligning with long-term net-zero goals for Scope 1 and Scope 2 emissions.