- Climate-related regulation of existing products and services could increase costs.
- Reduced access to capital and talent due to sector stigmatization.
- Disruption to operations from extreme weather events.
- Pollution from natural resource extraction and manufacturing of purchased goods.
- Potential for human rights violations in the supply chain (particularly shipyards and recycling yards).
Altera Infrastructure L.P. and its subsidiaries
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Altera Infrastructure L.P. and its subsidiaries disclosed greenhouse gas emissions of 982.8K tCO2e/year. By scope: Scope 1: 713.7K tCO2e/year; Scope 2: 2.9K tCO2e/year; Scope 3: 266.2K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
982.8K tCO2e/year
2023
Waste
1.8K tons/year (redeployment projects)
2023
Energy Use
2.4M MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 713.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.9K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 266.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 982.8K tCO2e/year |
| 2022 | 1.4M tCO2e |
| 2021 | 1.6M tCO2e/year |
| 2020 | 1.7M tCO2e |
| 2019 | 1.5M tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Total emissions (Scope 1, 2, and 3) of 982,835 t CO2e in 2023, 13% lower than 2022. Scope 1 emissions from shuttle tankers fell 13% due to increased LNG use. Scope 1 emissions from FSOs fell 33% due to fleet size reduction. Zero oil spills to sea. Average oil content of produced water discharged was 7.6 ppm.
- Achieved a fleet average emissions intensity of 18 kg CO2e/boe, a 48% decrease from 2022.
- Shuttle tanker fleet average CII was 3.0 g CO2/dwt-nm, a 6.3% improvement from 2022.
- FSO fleet average carbon intensity was 2.78 kg CO2/boe, a 43.8% decrease from 2022.
- 1,826 tonnes of waste generated from redeployment projects, with 1,775 tonnes non-hazardous and recycled, and 52 tonnes hazardous waste. 40,273 kg of steel recycled for reuse.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce voluntary turnover of permanent employees below 7.5% annually.
📅 Medium-term
- Reduce FPSO fleet-average emissions intensity to 12 kg CO2e/boe by 2030 (70% reduction from 2019 baseline).
- Reduce shuttle tanker fleet average CII by 50% by 2030 (compared to 2008 baseline).
🌱 ESG Focus Areas
Climate ChangePollutionBiodiversity and ecosystemsResource use and circular economyOwn workforceWorkers in our value chainAffected communitiesBusiness conduct