Hitecvision Sustainability Profile
HitecVision, a leading private equity firm headquartered in Norway, has established itself as a prominent player in the energy and technology sectors since its founding in 2001. With a strong operational presence across Europe and North America, the firm focuses on investments in oil and gas, renewable energy, and technology-driven solutions. HitecVision is renowned for its strategic approach to identifying and nurturing innovative companies, particularly in the energy transition space. The firm’s unique blend of industry expertise and capital has enabled it to achieve significant milestones, including successful partnerships and exits that underscore its market position. With a commitment to sustainability and growth, HitecVision continues to shape the future of energy and technology investments.
DitchCarbon Score
How does Hitecvision'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 Services Auxiliary to Financial Intermediation 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
Hitecvision's score of 59 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hitecvision's reported carbon emissions
In 2024, Hitecvision reported total carbon emissions of approximately 315,639,000 kg CO2e, comprising 19,000 kg CO2e from Scope 2 and 296,619,000 kg CO2e from Scope 3 emissions. Notably, there was a reduction in total emissions from 2023, where emissions were approximately 366,751,000 kg CO2e, with Scope 2 emissions at 16,000 kg CO2e and Scope 3 emissions at 366,751,000 kg CO2e. Hitecvision has set a significant climate commitment to divest from all fossil fuel exploration and production portfolio companies by 2030, while increasing investments in companies that support the European energy transition. This initiative is part of their broader strategy to achieve net-zero emissions across all scopes. The emissions data is cascaded from HitecVision AS, reflecting their current subsidiary status. Hitecvision's commitment to reducing its carbon footprint aligns with industry standards and reflects a proactive approach to climate change mitigation.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 281,797,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000 | - | - |
| Scope 2 | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Hitecvision's Industry?
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Hitecvision's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hitecvision has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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