Aker Solutions ASA

Common Name
Aker Solutions
Country
Norway
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
16,026
Ticker
AKSO
Exchange
OSLO BORS
Description
Aker Solutions ASA, a prominent engineering company, focuses on energy solutions, specifically in the oil, gas, and offshore wind industries. With its headquarters in Fornebu, Norway, the company play...

Aker Solutions's GHG Emissions Data Preview

In 2024, Aker Solutions completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Aker Solutions has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Aker Solutions’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Aker Solutions’s data sources below and access millions more through our Disclosure Search.

a. Aker Solutions's Annual Report 2024
a. Aker Solutions's Annual Report 2024

Insights into Aker Solutions's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Aker Solutions amounted to 14,799 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Aker Solutions decreased by 16.59%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Aker Solutions's Scope 1 Emissions Over Time

2023202403.5 k7 k10.5 k14 ktCO2e-18%
  • Total Scope 1
  • Year-over-Year Change

What are Aker Solutions's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Aker Solutions were 11,163 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Aker Solutions's Scope 1 emissions decreased by 18.47%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Aker Solutions's Scope 2 emissions?

In 2024, Aker Solutions reported Scope 2 greenhouse gas (GHG) emissions of 2,957 tCO₂e using the market-based method and 3,636 tCO₂e using the location-based method. a

Has Aker Solutions reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Aker Solutions's Scope 2 emissions (Location-Based) fell by 10.24% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Aker Solutions use for Scope 2 reporting?

In 2024, Aker Solutions reported its Scope 2 emissions using the market-based method and using the location-based method. a

Aker Solutions's Scope 2 Emissions Over Time

2023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Aker Solutions's Value Chain Emissions

In 2024, Aker Solutions reported 985,843 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Aker Solutions includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Aker Solutions's Scope 3 Emissions Over Time

202320240250 k500 k750 k1 MtCO2e+14%
  • Total Scope 3
  • Year-over-Year Change

What are Aker Solutions's Scope 3 emissions?

In 2024, Aker Solutions reported total Scope 3 emissions of 985,843 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 62.35% of these emissions originated from upstream activities such as purchased goods and capital goods, while 37.65% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Aker Solutions's Scope 3 emissions increased by 13.68%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Aker Solutions disclose?

In 2024, Aker Solutions reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Aker Solutions's Scope 3 emissions?

In 2024, the largest contributors to Aker Solutions's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 549,734 tCO₂e (55.76%)
  • Investments (Cat. 15): 326,515 tCO₂e (33.12%)
  • Use of Sold Products (Cat. 11): 44,073 tCO₂e (4.47%)

Aker Solutions's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(4.5%)Purchased Goods andServices (Cat. 1)(55.8%)Investments(Cat. 15)(33.1%)

Insights into Aker Solutions’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Aker Solutions reported Scope 1 greenhouse gas (GHG) emissions of 11,163 tCO₂e and total revenues of USD 4,622 millions. This translates into an emissions intensity of 2.42 tCO₂e per millions USD. a

Aker Solutions's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)1005002,00010,000100,000Revenues (Millions of USD)OCSRValarisYear: 2024Scope 1: 766,180 tCO2eRevenue: $M 2,363Scope 1 Intensity: 324.30 tCO2e/$MSBM OffshoreYear: 2024Scope 1: 169 tCO2eRevenue: $M 4,092Scope 1 Intensity: 0.04 tCO2e/$MOOOffshore Oil EngineeringYear: 2023Scope 1: 312,714 tCO2eRevenue: $M 4,327Scope 1 Intensity: 72.27 tCO2e/$MJerehYear: 2024Scope 1: 25,142 tCO2eRevenue: $M 1,830Scope 1 Intensity: 13.74 tCO2e/$MCCCIMC Enric HoldingsYear: 2024Scope 1: 30,605 tCO2eRevenue: $M 3,708Scope 1 Intensity: 8.25 tCO2e/$MChina Oilfield ServicesYear: 2023Scope 1: 1,182,609 tCO2eRevenue: $M 6,206Scope 1 Intensity: 190.55 tCO2e/$MFugroYear: 2024Scope 1: 210,000 tCO2eRevenue: $M 2,368Scope 1 Intensity: 88.69 tCO2e/$MSubsea 7Year: 2024Scope 1: 748,000 tCO2eRevenue: $M 6,837Scope 1 Intensity: 109.40 tCO2e/$MLiberty EnergyYear: 2023Scope 1: 2,329,847 tCO2eRevenue: $M 4,748Scope 1 Intensity: 490.71 tCO2e/$MWeatherford InternationalYear: 2023Scope 1: 116,153 tCO2eRevenue: $M 5,135Scope 1 Intensity: 22.62 tCO2e/$MBumi ArmadaYear: 2023Scope 1: 1,850 tCO2eRevenue: $M 464Scope 1 Intensity: 3.99 tCO2e/$MGaztransport et TechnigazYear: 2024Scope 1: 323 tCO2eRevenue: $M 667Scope 1 Intensity: 0.48 tCO2e/$MWorleyYear: 2024Scope 1: 23,963 tCO2eRevenue: $M 7,863Scope 1 Intensity: 3.05 tCO2e/$MBaker HughesYear: 2024Scope 1: 386,367 tCO2eRevenue: $M 27,829Scope 1 Intensity: 13.88 tCO2e/$MExmarYear: 2024Scope 1: 4,073 tCO2eRevenue: $M 297Scope 1 Intensity: 13.70 tCO2e/$MSSSeatriumYear: 2024Scope 1: 76,013 tCO2eRevenue: $M 6,772Scope 1 Intensity: 11.23 tCO2e/$MMRC GlobalYear: 2023Scope 1: 13,802 tCO2eRevenue: $M 3,412Scope 1 Intensity: 4.05 tCO2e/$MSBOYear: 2023Scope 1: 4,041 tCO2eRevenue: $M 648Scope 1 Intensity: 6.23 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$MHalliburtonYear: 2024Scope 1: 3,022,264 tCO2eRevenue: $M 22,944Scope 1 Intensity: 131.72 tCO2e/$MRRReach SubseaYear: 2024Scope 1: 46,768 tCO2eRevenue: $M 240Scope 1 Intensity: 195.17 tCO2e/$MKodiak Gas ServicesYear: 2023Scope 1: 20,951 tCO2eRevenue: $M 850Scope 1 Intensity: 24.64 tCO2e/$MTenarisYear: 2024Scope 1: 2,000,000 tCO2eRevenue: $M 10,717Scope 1 Intensity: 186.62 tCO2e/$MTGSYear: 2023Scope 1: 76,102 tCO2eRevenue: $M 794Scope 1 Intensity: 95.81 tCO2e/$MAker SolutionsYear: 2024Scope 1: 11,163 tCO2eRevenue: $M 4,622Scope 1 Intensity: 2.42 tCO2e/$M

How does Aker Solutions's GHG emissions intensity compare to its peers?

In 2024, Aker Solutions reported a Scope 1 emissions intensity of 2.42 tCO₂e per millions USD. Compared to the peer group median of 18.95 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Aker Solutions rank on GHG emissions intensity within its industry?

In 2024, Aker Solutions ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Aker Solutions among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Aker Solutions's Total Carbon Footprint

In 2024, Aker Solutions reported a total carbon footprint of 1,000,642 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.07% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Aker Solutions's total carbon footprint was Scope 3 emissions, accounting for 98.52% of the company's total carbon footprint, followed by Scope 1 emissions at 1.12%. a

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