Ocean Yield Asa

Ocean Yield Asa's reported carbon emissions

Ocean Yield ASA, headquartered in Norway and operating in sea and coastal water transportation services, is committed to achieving net-zero emissions by 2050. This ambition aligns with the International Maritime Organization's (IMO) revised strategy from 2023. For the most recent reported year, 2024, Ocean Yield ASA reported Scope 1 emissions of approximately 110,000,000,000 kg CO2e and Scope 3 emissions of approximately 900,000,000,000 kg CO2e. The company did not provide Scope 2 emissions data for this period. In 2023, their Scope 1 emissions were approximately 10,000,000,000 kg CO2e, with Scope 3 emissions standing at approximately 1,160,000,000,000 kg CO2e. Prior to this, in 2022, Ocean Yield ASA reported Scope 3 emissions of approximately 1,280,000,000,000 kg CO2e, with no Scope 1 data available for that year. Their 2021 Scope 3 emissions were approximately 1,400,000,000,000 kg CO2e, and similarly, no Scope 1 data was provided. In 2020, the company reported Scope 1 emissions of approximately 20,000,000,000 kg CO2e and Scope 3 emissions of approximately 1,210,000,000,000 kg CO2e. Looking back to 2019, Ocean Yield ASA disclosed Scope 1 emissions of approximately 10,000,000,000 kg CO2e, Scope 2 emissions of 0.0 kg CO2e, and Scope 3 emissions of approximately 1,210,000,000,000 kg CO2e. For this year, the company also provided an emissions factor related to production, indicating an AER (Annual Efficiency Ratio) of 0.00688 gCO2 per ton-nm for their operations. The company's reporting for Scope 3 emissions includes data for purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution, though specific breakdowns for these categories are sometimes missing. Ocean Yield ASA has not set specific interim reduction targets beyond their 2050 net-zero goal. Their emissions data is not cascaded from a parent organisation.