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 14 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 54.1 million kg CO2e. This figure includes Scope 1 emissions of about 47.3 million kg CO2e, Scope 2 emissions of approximately 1.4 million kg CO2e, and Scope 3 emissions of about 5.4 million kg CO2e. The breakdown of Scope 3 emissions highlights significant contributions from business travel (approximately 2.6 million kg CO2e) and purchased goods and services (about 1.9 million kg CO2e). Comparatively, in 2022, Moreld's total emissions were approximately 6.1 million kg CO2e, with Scope 1 at about 557,000 kg CO2e, Scope 2 at approximately 829,000 kg CO2e, and Scope 3 at around 4.7 million kg CO2e. This indicates a substantial increase in emissions over the two-year period. Moreld has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. All emissions data is sourced directly from Moreld AS, with no cascaded data from parent or related organisations.
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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.
