HitecVision

Sustainability Report and Carbon Intensity Rankings

Is HitecVision doing their part?

Their DitchCarbon score is 53

HitecVision has a DitchCarbon Score of 53 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would denote stronger efforts towards minimizing carbon intensity and enhancing sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

HitecVision, operating in the finance sector, has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

HitecVision is located in Norway, a country with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by providing a cleaner energy grid and lower carbon footprint.
2.17%

...this company is doing 2.17% better in emissions than the industry average.

Founded in 1994, HitecVision is a prominent private equity firm based in Stavanger, Norway, with additional offices in Oslo and Houston. Specializing in the upstream offshore oil and gas industry, the company has a strong presence in the finance sector, providing capital and expertise to growth-focused companies in Europe and North America. With a portfolio of over 150 investments and an active management of five private equity funds totaling around USD 5 billion, HitecVision is a key player in shaping the oil and gas landscape.

Bad news, HitecVision hasn't committed to SBTi goals yet

HitecVision has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

HitecVision should explore opportunities for fuel switching in transportation and operations to potentially reduce their emissions by 15%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.