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Siem Offshore, headquartered in Norway, is a prominent player in the oil and hazardous waste treatment industry, specialising in incineration services. Founded in 2005, the company has established a strong presence in key operational regions, including Europe and the North Sea, focusing on environmentally responsible waste management solutions.
The firm offers a range of core services, including the safe incineration of hazardous waste, which sets it apart through its commitment to sustainability and compliance with stringent environmental regulations. Siem Offshore has achieved notable milestones, reinforcing its market position as a leader in waste treatment solutions. With a reputation for reliability and innovation, the company continues to contribute significantly to the industry's evolution, ensuring safe and efficient waste disposal practices.
+2 vs industry average
Siem Offshore’s score of 13 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hazardous Waste Incineration is among the most carbon-intensive industries
The Hazardous Waste Incineration industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Siem Offshore, a Norwegian company in the oil/hazardous waste treatment industry (incineration), reported total calculated emissions of approximately 27.1 billion kg CO2e in 2023. This includes Scope 1 emissions of 18,123,000 kg CO2e, Scope 2 emissions of 25,000,000 kg CO2e (location-based: 96,000 kg CO2e), and Scope 3 emissions of 27,114,000,000 kg CO2e. Key categories within Scope 3 for 2023 include fuel and energy-related activities at 252,438,000 kg CO2e, purchased goods and services at 10,557,000 kg CO2e, and business travel at 5,005,000 kg CO2e.
In 2022, the company's total calculated emissions were about 2.67 billion kg CO2e, comprising Scope 1 emissions of 264,965,000 kg CO2e, Scope 2 emissions of 20,000,000 kg CO2e (location-based: 109,000 kg CO2e), and Scope 3 emissions of 2,609,000,000 kg CO2e.
For 2021, Siem Offshore reported Scope 1 emissions of 229,131,000 kg CO2e. In 2020, Scope 1 emissions totalled 211,792,000 kg CO2e.
Siem Offshore's climate commitments include a cascaded target from its ultimate parent, DOF Group ASA, to achieve a 40% reduction in Scope 1 emissions by 2030, compared to 2008 levels.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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