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Maritime Transport
NO
updated 2 months ago

Odfjell Sustainability Profile

Company website

Odfjell SE, a leading global provider of integrated logistics and tankers, is headquartered in Bergen, Norway. Founded in 1914, the company has established a strong presence in the chemical and oil transportation sectors, operating primarily in Europe, Asia, and the Americas. Odfjell is renowned for its fleet of specialised chemical tankers and its commitment to safety and sustainability, setting industry standards with innovative solutions. With a focus on providing high-quality services in the transportation and storage of bulk liquids, Odfjell has achieved significant milestones, including the development of advanced vessel designs that enhance operational efficiency. The company’s strategic positioning in the market is underscored by its extensive global network and a reputation for reliability, making it a preferred partner in the logistics and maritime industries.

DitchCarbon Score

How does Odfjell'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.

47

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.

11

Industry Benchmark

Odfjell's score of 47 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

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Odfjell's reported carbon emissions

In 2024, Odfjell reported total carbon emissions of approximately 1,182,349,000 kg CO2e, with emissions distributed across Scope 1 (1,182,349,000 kg CO2e), Scope 2 (176,600 kg CO2e), and Scope 3 (673,951,600 kg CO2e). In 2023, the company recorded emissions of about 1,190,000,000 kg CO2e, comprising 1,170,139,000 kg CO2e in Scope 1, 12,041 kg CO2e in Scope 2, and 861,497 kg CO2e in Scope 3. The 2022 emissions were approximately 890,707,000 kg CO2e in Scope 3, with Scope 1 emissions at 1,279,741,000 kg CO2e and Scope 2 at 8,877 kg CO2e. Odfjell has set ambitious climate targets, aiming to reduce carbon intensity by 50% by 2030 compared to a 2008 baseline, applicable to both Scope 1 and Scope 2 emissions. Additionally, the company is committed to achieving a zero-emission-capable fleet by 2050, which encompasses both Scope 1 and Scope 2 emissions. These initiatives reflect Odfjell's commitment to addressing climate change and reducing its carbon footprint in the maritime industry.

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2018201920202021202220232024
Scope 1
-
0,000,000,000
000,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
24,210
00,000,000
-
-
0,000
00,000
000,000
Scope 3
-
00,000,000
0,000,000
0,000,000
000,000,000
000,000
000,000,000

How Carbon Intensive is Odfjell's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Odfjell's primary industry is Maritime Transport, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Odfjell's Location?

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 Odfjell is in NO, which has a very low grid carbon intensity relative to other regions.

Odfjell'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.

Odfjell 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Odfjell's Emissions with Industry Peers

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Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 5 days ago

Teekay Corporation Ltd.

BM
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Sea and coastal water transportation services
Updated 5 days ago

BW Group

BM
•
Sea and coastal water transportation services
Updated 16 days ago

EXMAR

BE
•
Fabricated metal products, except machinery and equipment (28)
Updated 4 days ago

Terin Corp.

US
•
Construction work (45)
Updated 5 days ago

Stena

SE
•
Motor vehicles, trailers and semi-trailers (34)
Updated 5 days ago

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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

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