Ocean Yield Asa
Ocean Yield ASA, headquartered in Norway, is a prominent player in the maritime and shipping industry, specialising in the acquisition and operation of modern, high-quality vessels. Founded in 2012, the company has established a strong presence in key operational regions, including Europe and the Americas, focusing on sectors such as offshore support and renewable energy. With a diverse portfolio that includes advanced shipping assets, Ocean Yield ASA is recognised for its long-term charter agreements, which provide stable cash flows and mitigate market risks. The company’s commitment to sustainability and innovation sets it apart in a competitive landscape, positioning it as a leader in the maritime sector. Notable achievements include a robust fleet and strategic partnerships that enhance its market position, reflecting its dedication to growth and operational excellence.
DitchCarbon Score
How does Ocean Yield Asa'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 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
Ocean Yield Asa's score of 13 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ocean Yield Asa's reported carbon emissions
In 2021, Ocean Yield ASA reported significant carbon emissions, with Scope 3 emissions amounting to approximately 1,400,000,000,000 kg CO2e. The company did not report any Scope 1 or Scope 2 emissions for that year. In 2020, their Scope 1 emissions were about 20,000,000,000 kg CO2e, while Scope 3 emissions remained consistent at approximately 1,210,000,000,000 kg CO2e. The previous year, 2019, saw Scope 1 emissions at about 10,000,000,000 kg CO2e, with Scope 3 emissions again at approximately 1,210,000,000,000 kg CO2e. Despite these substantial emissions figures, Ocean Yield ASA has not established specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The absence of defined reduction initiatives suggests that the company may need to enhance its strategies to address its carbon footprint effectively.
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Add to project| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 10,000,000,000 | 00,000,000,000 | - |
| Scope 2 | - | - | - |
| Scope 3 | 1,210,000,000,000 | 0,000,000,000,000 | 0,000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Ocean Yield Asa 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.
