Solstad Offshore ASA

Sustainability Report and Carbon Intensity Rankings

Is Solstad Offshore ASA doing their part?

Their DitchCarbon score is 15

Solstad Offshore ASA has a DitchCarbon Score of 15 out of 100, indicating a low performance in sustainability measures. This score suggests a high carbon intensity in the company’s operations. The company may need to implement significant improvements to reduce its emissions and enhance its sustainability profile.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Solstad Offshore ASA is a company in the transport services industry, which has a carbon intensity ranking of high. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Solstad Offshore ASA operates in Norway, a country with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing the carbon footprint associated with its location.
11.21%

...this company is doing 11.21% worse in emissions than the industry average.

Founded in 1964 and headquartered in Skudeneshavn, Norway, Solstad Offshore ASA operates in the transport services industry, specializing in offshore shipping services. With a fleet of around 100 vessels and approximately 3,500 employees, the company is a leading provider of specialized offshore tonnage to the global energy markets. Solstad Offshore offers services including platform supply, anchor handling, construction service for both fossil fuel and renewable energy sectors, and maintains a presence in Europe, Brazil, Australia, and Asia.

Bad news, Solstad Offshore yet to commit to SBTi targets

Solstad Offshore ASA has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

Solstad Offshore ASA should undertake a thorough inventory of all Scope 1 emissions sources to identify and prioritize areas for energy efficiency improvements and transition to low-carbon or renewable energy sources, which could potentially reduce their emissions by 15%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.