Moreld Sustainability Profile
Moreld, headquartered in Norway, is a prominent player in the energy and industrial services sector. Founded in recent years, the company has rapidly established itself across key operational regions, including Europe and beyond. Moreld focuses on delivering innovative solutions in engineering, project management, and asset integrity, catering primarily to the oil and gas, renewable energy, and maritime industries. What sets Moreld apart is its commitment to sustainability and digital transformation, ensuring that clients benefit from cutting-edge technologies and environmentally responsible practices. The company has achieved significant milestones, positioning itself as a trusted partner in the energy transition. With a strong emphasis on safety and efficiency, Moreld continues to enhance its market presence, contributing to the evolving landscape of energy and industrial services.
DitchCarbon Score
How does Moreld'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
Moreld's score of 11 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Moreld's reported carbon emissions
In 2024, Moreld reported total carbon emissions of approximately 54,077,000 kg CO2e. This figure includes 47,335,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, amounted to about 1,383,000 kg CO2e (market-based) and 434,000 kg CO2e (location-based). Additionally, Scope 3 emissions, which cover all other indirect emissions, totalled approximately 5,359,000 kg CO2e, with significant contributions from business travel (2,567,000 kg CO2e) and purchased goods and services (1,853,000 kg CO2e). In 2022, Moreld's emissions in Norway were reported at about 6,076,000 kg CO2e, with Scope 1 emissions at 557,000 kg CO2e, Scope 2 at 829,000 kg CO2e, and Scope 3 at 4,689,000 kg CO2e. This indicates a notable increase in emissions from 2021, when total emissions were approximately 5,357,000 kg CO2e globally, with similar Scope 1, 2, and 3 distributions. Moreld has not set specific reduction targets or initiatives, as indicated by the absence of SBTi (Science Based Targets initiative) reduction targets or documented climate pledges. The company’s emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of Moreld's operations. Overall, Moreld's emissions data highlights the need for enhanced climate commitments and reduction strategies to address their carbon footprint effectively.
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| 2019 | 2020 | 2021 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,787,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 1,845,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,530,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Moreld's Industry?
How Carbon Intensive is Moreld's Location?
Moreld's Scope 3 Categories Breakdown
Moreld's Scope 3 emissions, which increased by 102% last year and increased by approximately 18% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 10% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 48% of Scope 3 emissions.
Top Scope 3 Categories
Moreld'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.
Moreld 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.
