- Declining electricity prices throughout 2023 due to lower natural gas prices impacting the electricity price.
- Uncertainties about new taxes on wind energy in Norway and the UK.
- Scope 3 GHG emissions are not yet fully mapped across the value chains of all the different subsidiaries.
- Subsidiaries have different systems and levels of accuracy for capturing and calculating scope 3 emissions.
- Lack of information and data on anticipated financial effects of different material sustainability matters.
- Lack of a model for calculating the financial implications of various sustainability risks and impacts.
Bonheur ASA
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Bonheur ASA disclosed greenhouse gas emissions of 367.3K tCO2eq. By scope: Scope 1: 237.4K tCO2eq; Scope 2: 1.4K tCO2eq; Scope 3: 128.5K tCO2eq. 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
367.3K tCO2eq
2023
Renewable Energy
1%
of total energy
Energy Use
863.8K MWh
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). | 237.4K tCO2eq |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.4K tCO2eq |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 128.5K tCO2eq |
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 | 367.3K tCO2eq |
| 2022 | 9.0K tCO2eq/year |
| 2020 | 115.0K tCO2e (from operations); 800000 tCO2e (displaced) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Fred. Olsen Renewables completed the construction of Fäboliden 2 in Sweden, increasing the onshore wind operations to 805MW with a development portfolio of 4075 MW.
- Fred. Olsen Seawind progressed their development on major projects in Ireland and Scotland, including becoming successful in the Irish CFD auction allowing for future production of 1300 MW out of the Codling wind park project.
- Global Wind Service stood out as one of the world’s leading wind turbine installation companies, completing large-scale projects globally.
- Fred. Olsen Windcarrier continued their crane upgrading program for their specialized vessels, and at the same time had a 95 % utilisation of these vessels.
- FORAS reduced their CO2 footprint with 748 tCO2eq through initiatives such as new power agreements to “green tariffs” for all wind farms, switching to biodiesel, using “green concrete” and replacing diesel vehicles with electric vehicles. CO2 avoided: 474 tCO2eq.
- Planting of 214,450 trees in Poland
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce general waste (non-recyclable) at the wind farms with 10% in 2024
- Maintain or increase EU Taxonomy score (Target: > 98%)
- Reduce scope 3 emission relative to baseline
- Decision to reduce GHG emissions 2% annually
📅 Medium-term
- Achieve CO2 neutrality by 2050, subject to available technology
- Increase onshore wind capacity through realization of consented projects
- Develop hybrid solar/wind farms
- Reduce GHG emissions 2% annually
- Transition electricity consumption to renewable sources. 100% electricity consumption from renewable energy sources in 2030
🔭 Long-term
- CO2 neutral by 2050
🌱 ESG Focus Areas
Climate changeBiodiversityOwn workforceWorkers in the value chainAffected communitiesBusiness conduct