Odfjell Technology Ltd

Common Name
Odfjell Technology
Country
United Kingdom
Sector
Energy
Industry
Oil & Gas Drilling
Employees
2,543
Ticker
OTL
Exchange
OSLO BORS
Description
Odfjell Technology Ltd. is an international technology and engineering company specializing in the offshore oil and gas sector. The company delivers a comprehensive range of specialist services, equip...

Odfjell Technology EU Taxonomy Data Preview

In 2024, Odfjell Technology was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Odfjell Technology has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Odfjell Technology are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
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0000000
Total Taxonomy Eligible A Turnover
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a
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Total Taxonomy Non-Eligible B Turnover
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
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0000000
Total Taxonomy Eligible A Opex
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a
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0000000
Total Taxonomy Non-Eligible B Opex
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
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0000000
Total Taxonomy Eligible A Capex
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a
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0000000
Total Taxonomy Non-Eligible B Capex
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Verified Sources Behind Odfjell Technology’s EU Taxonomy 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 Odfjell Technology’s data sources below and access millions more through our Disclosure Search.

a. Odfjell Technology's Annual Report 2024
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b. Odfjell Technology's Annual Report 2023
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Insights into Odfjell Technology's Revenues from Sustainable Activities

In 2024, Odfjell Technology reported EU Taxonomy-eligible revenues of NOK 23.30 million, representing 0.4% of its total turnover. Of this amount, NOK 1.60 million of Odfjell Technology's revenues was classified as EU Taxonomy-aligned, indicating that 0% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS). a

Odfjell Technology's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.1%0.2%0.3%0.4%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Odfjell Technology's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Odfjell Technology reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives a :

  • Climate Change Mitigation: 0%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Odfjell Technology earn from selling climate-related solutions ?

In 2024, Odfjell Technology reported that NOK 0 of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0% of the company's total revenue, indicating that Odfjell Technology has limited exposure on solutions that support climate action through its commercial activities. a

Insights into Odfjell Technology's CAPEX from Sustainable Activities

In 2024, Odfjell Technology reported EU Taxonomy-eligible CAPEX of NOK 46.60 million, representing 10.4% of its total CAPEX. Of this amount, NOK 0 of Odfjell Technology's CAPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS). a

Insights into Odfjell Technology's OPEX from Sustainable Activities

In 2024, Odfjell Technology reported EU Taxonomy-eligible OPEX of NOK 1.40 million, representing 0.3% of its total operating expenses (OPEX). Of this amount, NOK 0 of Odfjell Technology's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS). a

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