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 57% 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 4,634,201,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99.5% 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 revealed 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 significantly lower, with total emissions of about 52,086,000 kg CO2e, comprising approximately 138,290,000 kg CO2e from Scope 1 and about 1,172,000 kg CO2e from Scope 2. This indicates a substantial increase in emissions in 2023, particularly in Scope 3 categories. Okea Asa has not set specific reduction targets or initiatives as part of their climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The company has not disclosed any climate pledges or significant reduction initiatives, indicating a potential area for future development in their sustainability strategy. All emissions data is sourced directly from Okea Asa, with no cascaded data from parent or related organizations. The company is headquartered in Norway and operates within the mineral fuels and oils sector.
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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.
