Okea Asa
Okea ASA, headquartered in Norway, is a prominent player in the oil and gas industry, focusing on the exploration and production of hydrocarbons. Established in 2015, the company has rapidly expanded its operations across the Norwegian Continental Shelf, positioning itself as a key contributor to the region's energy sector. Okea ASA is renowned for its innovative approach to mature field development, offering unique solutions that enhance recovery rates and optimise production efficiency. The company’s portfolio includes a range of assets, with a strong emphasis on sustainability and environmental responsibility. With a commitment to operational excellence, Okea ASA has achieved significant milestones, including successful project completions and strategic partnerships. As a growing entity in the energy market, Okea ASA continues to strengthen its market position through its dedication to technological advancement and resource management.
DitchCarbon Score
How does Okea 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.
Industry Average
Mean score of companies in the Gas/Diesel Oil 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
Okea Asa's score of 24 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Okea Asa's reported carbon emissions
In 2023, Okea Asa reported total carbon emissions of approximately 4,634,000,100 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99.8% of the total. Specifically, Scope 1 emissions were approximately 394,163,000 kg CO2e, while Scope 2 emissions were about 1,007,000 kg CO2e. The breakdown of Scope 3 emissions reveals that the use of sold products was the largest contributor, at approximately 3,847,973,000 kg CO2e. Comparatively, in 2022, Okea Asa's emissions were approximately 52,086,000 kg CO2e for Scope 3, with Scope 1 emissions at about 138,290,000 kg CO2e and Scope 2 emissions at approximately 1,172,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023, particularly in Scope 3. Okea Asa has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in the Science Based Targets initiative (SBTi). The company has not disclosed any climate pledges or reduction initiatives, indicating a potential area for future development in their sustainability strategy. Overall, Okea Asa's emissions profile highlights the significant impact of their operations, particularly in Scope 3 emissions, and underscores the need for enhanced climate commitments and reduction strategies moving forward.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 193,754,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Okea 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.
