Solstad Offshore ASA
Solstad Offshore's GHG Emissions Data Preview
In 2024, Solstad Offshore 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).
Solstad Offshore has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Verified Sources Behind Solstad Offshore’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 Solstad Offshore’s data sources below and access millions more through our Disclosure Search.
Insights into Solstad Offshore's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Solstad Offshore amounted to 159,115 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
Solstad Offshore's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Solstad Offshore's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Solstad Offshore were 159,103 metric tons of CO₂ equivalent (tCO₂e).a
What are Solstad Offshore's Scope 2 emissions?
In 2024, Solstad Offshore reported Scope 2 greenhouse gas (GHG) emissions of 12 tCO₂e using the market-based method and 12 tCO₂e using the location-based method.a
What methodology does Solstad Offshore use for Scope 2 reporting?
In 2024, Solstad Offshore reported its Scope 2 emissions using the market-based method and using the location-based method.a
Solstad Offshore's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Solstad Offshore's Value Chain Emissions
In 2024, Solstad Offshore reported 185,462 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 Solstad Offshore includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Solstad Offshore's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Solstad Offshore's Scope 3 emissions?
In 2024, Solstad Offshore reported total Scope 3 emissions of 185,462 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 30.12% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.88% came from downstream activities like product use, distribution, and end-of-life treatment.a
What categories of Scope 3 emissions does Solstad Offshore disclose?
In 2024, Solstad Offshore reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Solstad Offshore's Scope 3 emissions?
In 2024, the largest contributors to Solstad Offshore's Scope 3 emissions were:a
- Investments (Cat. 15): 129,606 tCO₂e (69.88%)
- Fuel- and Energy-Related Services (Cat. 3): 36,941 tCO₂e (19.92%)
- Purchased Goods and Services (Cat. 1): 18,089 tCO₂e (9.75%)
Solstad Offshore's Scope 3 Emissions by Categories
Insights into Solstad Offshore’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Solstad Offshore reported Scope 1 greenhouse gas (GHG) emissions of 159,103 tCO₂e and total revenues of USD 19 millions. This translates into an emissions intensity of 8,246.93 tCO₂e per millions USD.a
Solstad Offshore's Scope 1 Emissions Intensity Compared to Peers
How does Solstad Offshore's GHG emissions intensity compare to its peers?
In 2024, Solstad Offshore reported a Scope 1 emissions intensity of 8,246.93 tCO₂e per millions USD. Compared to the peer group median of 685.46, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Solstad Offshore rank on GHG emissions intensity within its industry?
In 2024, Solstad Offshore ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Solstad Offshore among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Solstad Offshore's Total Carbon Footprint
In 2024, Solstad Offshore reported a total carbon footprint of 344,577 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions.a
The largest contributor to Solstad Offshore's total carbon footprint was Scope 3 emissions, accounting for 53.82% of the company's total carbon footprint, followed by Scope 1 emissions at 46.17%.a