- Compliance with emerging regulations (EEXI, CII, EU ETS, EU Taxonomy).
- Potential lock-in to emitting fuels.
- Climate change impact on global GDP growth and trade volumes.
- Changing consumption patterns affecting trade volumes.
Ocean Yield AS
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Ocean Yield AS disclosed greenhouse gas emissions of 1.28 Million Mt CO2e (2022). By scope: Scope 1: 0 Million Mt CO2e (2022); Scope 2: 0 Million Mt CO2e (2022); Scope 3: 1.28 Million Mt CO2e (2022). 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
1.28 Million Mt CO2e (2022)
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). | 0 Million Mt CO2e (2022) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0 Million Mt CO2e (2022) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.28 Million Mt CO2e (2022) |
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 | 1.28 Million Mt CO2e (2022) |
| 2022 | 1.40 Million Mt CO2e (Scope 3, 2021) |
| 2021 | 1.21 Million Mt CO2e (2020) |
| 2020 | 1.212 Million MT CO2-e (2019 data) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Portfolio climate alignment score 14% below the Poseidon Principles trajectory line in 2022.
- Sustainability-linked lease transactions for four LR1 vessels and two Suezmax tankers, incentivizing emission reduction.
- Sale of eight vessels using conventional fuel in 2023 and acquisition of seven new vessels, six with sustainability-linked leases and four prepared for methanol fuel.
🌱 ESG Focus Areas
Principles of GovernanceResponsible business conductClimate-Change and EnvironmentPeople and Communities