Sval, officially known as Sval Energi, is a prominent player in the energy sector, headquartered in Norway. Established in 2020, the company has quickly positioned itself as a key operator in the Norwegian continental shelf, focusing on oil and gas exploration and production. With a commitment to sustainability, Sval Energi is dedicated to developing innovative energy solutions that align with global environmental goals. The company’s core offerings include upstream oil and gas services, with a unique emphasis on integrating advanced technology to enhance efficiency and reduce carbon footprints. Sval Energi has achieved significant milestones in its short history, including successful partnerships and exploration projects that underscore its market presence. As a forward-thinking entity, Sval Energi is poised to contribute to the evolving landscape of the energy industry while maintaining a strong focus on responsible resource management.
How does Sval'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.
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.
Sval's score of 16 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sval reported significant carbon emissions, totalling approximately 8,900,000,000 kg CO2e, all of which fall under Scope 1 emissions. There were no reported emissions for Scope 2 or Scope 3 in that year. In 2021, Sval's emissions were considerably lower, with Scope 1 emissions at about 750,310 kg CO2e, Scope 2 at approximately 11,420 kg CO2e, and Scope 3 at around 130,938 kg CO2e. Despite the substantial increase in emissions in 2023, Sval has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within the mineral fuels and oils sector, which is known for its significant carbon footprint. Sval's emissions data highlights the need for enhanced climate commitments and strategies to address their environmental impact effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2023 | |
---|---|---|
Scope 1 | 750,310 | 0,000,000,000 |
Scope 2 | 11,420 | - |
Scope 3 | 130,938.3 | - |
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.
Sval 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.