- Adverse trend noted on safety performance in 2023
- Scope 3 emissions target not met due to change of fuel used on PSV Siem Pride
- Increase in corporate TRIF rate indicating higher frequency of recordable injuries
OKEA ASA
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, OKEA ASA disclosed greenhouse gas emissions of 394.2K tonnes CO2e. By scope: Scope 1: 394.2K tonnes CO2e; Scope 2: 37.9 tonnes CO2e (location based); Scope 3: 4.6M tonnes CO2e. 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
394.2K tonnes CO2e
2023
Water Usage
43.8K m3 (marine saltwater)
2023
Waste
5.8K tonnes (hazardous) + 413 tonnes (non-hazardous)
2023
Energy Use
4.8K GWh
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). | 394.2K tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 37.9 tonnes CO2e (location based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.6M tonnes CO2e |
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 | 394.2K tonnes CO2e |
| 2022 | 249.6K tonnes CO2e |
| 2021 | 199.5K tonnes CO2e |
| 2020 | 230.4K tCO2e/year |
| 2019 | 99.7K tonnes carbon dioxide equivalents |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions by 17,165 tonnes CO2e compared to 2022 (including full year Brage operations)
- Power from shore project for Draugen and Njord A platforms approved, expected to reduce emissions by 330,000 tonnes CO2e per year
- Hasselmus gas discovery commenced, adding more than 4,800 barrels of oil equivalents per day in production
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute scope 1 emissions by at least 25,000 tonnes CO2e by 2024
- Identify top five suppliers contributing most to scope 3 emissions and establish dialogue to reduce emissions
📅 Medium-term
- Reduce absolute scope 1 emissions by at least 10,000 tonnes CO2e annually in 2025-2026
- By 2026, 100% of OKEA’s strategic suppliers will be assessed according to their path of sustainable development
🔭 Long-term
- Reduce absolute scope 1 emissions by 230,000 tonnes CO2e by 2030
- Net zero emissions by 2050
🌱 ESG Focus Areas
Energy transition and climate changeProtecting biodiversity and ecosystemsEnsure safe and secure activitiesEmpowering peopleRespecting human rightsResponsible and ethical business practicesValue to society