- Competition in the carbon capture market.
- Risk of competitors developing superior technologies.
- External factors influencing commercialization (CO2 emission unit prices, customer preferences, regulations).
- Loss of business from significant customers, contract terminations.
- Cybersecurity risks.
- Legal, regulatory, and political risks.
- Financial market risks (currency, interest rate, tax, price, credit, liquidity, capital).
- Risk of insufficient demand for products.
- Unpredictability of payments under license agreements.
- Dependence on key employees and partners.
Capsol Technologies ASA
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Capsol Technologies ASA disclosed greenhouse gas emissions of 158.42 tCO₂e (Scope 3). By scope: Scope 2: 0.35 tCO₂e; Scope 3: 158.42 tCO₂e. 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
158.42 tCO₂e (Scope 3)
2023
Energy Use
43.6K kWh (office space Jan-Jun 2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0.35 tCO₂e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 158.42 tCO₂e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced Scope 3 emissions related to business travel through increased use of Teams meetings.
- Relocated to a BREEAM certified office building utilizing geothermal heating.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve net zero for scope 1 and 2 emissions by 2030
- Develop a green procurement strategy for the company
📅 Medium-term
- Implement environmental criteria in selection of suppliers
- Continue to prioritize RD&I to further improve Capsol's carbon capture solutions
- Develop and mature new business opportunities
- Continue to focus on cost reductions throughout the CCUS value chain
🔭 Long-term
- 5-10% carbon capture technology licensing market share globally by 2030
🌱 ESG Focus Areas
Climate Change MitigationAir and Water PollutionEqual Remuneration for Women and MenEthical Business & TransparencyAnti-corruption and BriberyData Privacy and Security