- Supply chain remained under significant pressure throughout 2022 due to persistent capacity bottlenecks in ports caused by strains on port infrastructure and worker shortages, leading to longer turnaround times for vessels.
- Increase of 16 stevedore injuries from 2021.
- High-consequence incident (slip and fall) during vessel cargo operations in 2022.
- Complexity of the bunker supply market with many stakeholders and risks.
G2 Ocean AS
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, G2 Ocean AS disclosed greenhouse gas emissions of 2.7M tCO2e/year. By scope: Scope 1: 2.1M tCO2e/year; Scope 2: 135 tCO2e/year; Scope 3: 475.6K 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
2.7M tCO2e/year
2022
Energy Use
545.5K kWh/year
2022
📊 Emissions by Scope (2022)
| 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). | 2.1M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 135 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 475.6K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Successfully completed first trial using biofuel made of waste residue to power a vessel on a transatlantic voyage.
- Completed 154 propeller polishing operations in 2022 to improve fuel efficiency.
- 76% reduction in air distance travelled in 3 years.
- 209,805 web slings recycled – up 151.7% from 2021.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce the number of stevedore injuries by continuing to raise safety awareness and collaborating with suppliers.
- Improve EEOI performance by 3%.
📅 Medium-term
- Reduce greenhouse gas emissions per transported unit by a minimum of 40% by 2030 from 2008 levels.
- Achieve 3.1 tugs per port call.
🔭 Long-term
- Become a net-zero emissions company by 2050.
- Bring zero-emission capable vessels into our fleet by 2030.
🌱 ESG Focus Areas
Reducing our emissionsHealth and SafetySupplier Social AssessmentTraining and EducationAnti-corruption & anti-competitive behaviourInnovate and digitaliseDiversity, Equity and InclusionCyber Security