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 Maritime Transport 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 11 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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. Notably, the company did not report any Scope 1 or Scope 2 emissions for that year. In 2020, their emissions included about 20,000,000,000 kg CO2e in Scope 1 and approximately 1,210,000,000,000 kg CO2e in Scope 3. The 2019 data also reflected similar trends, with Scope 1 emissions at about 10,000,000,000 kg CO2e and Scope 3 emissions remaining at approximately 1,210,000,000,000 kg CO2e. Despite the substantial emissions figures, Ocean Yield ASA has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or targets suggests a need for further commitment to climate action within the industry context. As a company headquartered in Norway, Ocean Yield ASA operates in a sector increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear climate commitments moving forward.
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| 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 participating in any of the initiatives that 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.
