Public Profile

OLT OFFSHORE LNG TOSCANA

OLT Offshore LNG Toscana, headquartered in Italy, is a prominent player in the liquefied natural gas (LNG) sector. Founded in 2007, the company operates primarily in the Mediterranean region, focusing on the regasification of LNG. OLT Offshore is renowned for its Floating Storage and Regasification Unit (FSRU), which uniquely combines storage and regasification capabilities, enhancing energy supply flexibility. With a commitment to sustainability and innovation, OLT Offshore has achieved significant milestones, including the successful commissioning of its FSRU in 2013. The company plays a vital role in Italy's energy landscape, contributing to energy security and diversification. OLT Offshore LNG Toscana continues to strengthen its market position through strategic partnerships and a focus on operational excellence, making it a key player in the European LNG market.

DitchCarbon Score

How does OLT OFFSHORE LNG TOSCANA'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.

6

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

OLT OFFSHORE LNG TOSCANA's score of 6 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

23%

OLT OFFSHORE LNG TOSCANA's reported carbon emissions

In 2023, OLT Offshore LNG Toscana reported total carbon emissions of approximately 420,000,000 kg CO2e. This figure includes about 113,704,000 kg CO2e from Scope 1 emissions and approximately 111,006,000 kg CO2e from Scope 3 emissions. Over the previous years, emissions have fluctuated significantly. In 2022, total emissions were about 94,730,000 kg CO2e, with Scope 1 emissions at approximately 81,247,000 kg CO2e and Scope 3 emissions at around 32,457,000 kg CO2e. The year 2021 saw total emissions of about 68,143,000 kg CO2e, with Scope 1 emissions at approximately 79,475,000 kg CO2e and Scope 3 emissions at about 31,531,000 kg CO2e. In 2020, emissions were approximately 67,300,000 kg CO2e (Scope 1: 6,730,000 kg CO2e; Scope 3: 80,042,000 kg CO2e), and in 2019, total emissions were about 73,312,000 kg CO2e (Scope 1: 73,312,000 kg CO2e; Scope 3: 80,632,000 kg CO2e). Despite these figures, OLT Offshore LNG Toscana has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the organisation. As the industry faces increasing scrutiny regarding carbon emissions, OLT Offshore LNG Toscana's future strategies will be crucial in addressing climate change and aligning with global sustainability goals.

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Add to project
20192020202120222023
Scope 1
73,312,000
0,000,000
00,000,000
00,000,000
000,000,000
Scope 2
-
-
-
-
-
Scope 3
80,632,000
00,000,000
00,000,000
00,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. OLT OFFSHORE LNG TOSCANA's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. OLT OFFSHORE LNG TOSCANA is headquartered in IT, which has a rank of low, indicating low grid carbon 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.

OLT OFFSHORE LNG TOSCANA is not committed to any reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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