Odfjell SE, a prominent player in the sea and coastal water transportation services industry, is headquartered in Norway. Founded in 1914, the company has established itself as a leader in the transportation and storage of bulk liquids, particularly chemicals and oil products. With a strong operational presence across Europe, Asia, and the Americas, Odfjell is renowned for its innovative fleet of chemical tankers and terminal facilities.
The company’s commitment to safety, sustainability, and efficiency sets it apart in a competitive market. Odfjell's strategic focus on integrated logistics solutions and its extensive global network have earned it a notable position within the industry. With over a century of experience, Odfjell continues to drive advancements in maritime transportation, ensuring reliable service for its diverse clientele.
+24 vs industry average
Odfjell’s score of 32 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Maritime Transport is among the most carbon-intensive industries
Industry performance
The Maritime Transport industry has increased its overall emissions by 30% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Odfjell's reported carbon emissions
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.
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Odfjell’s Climate Goals (2030 & 2050)
6 goals2030
50% reduction in Scope 2
Odfjell will cut greenhouse gas emission by 50% by 2030 compared to 2008
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Odfjell
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