Ocyan S.A.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022🗂️ Report periods on file: 2022, 2021, 2014

In its 2022 reporting, Ocyan S.A. disclosed greenhouse gas emissions of 553.5K tCO2e/year (Scope 1+2+3). By scope: Scope 1: 16.3K tCO2e/year; Scope 2: 68.6 tCO2e/year; Scope 3: 537.2K 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
553.5K tCO2e/year (Scope 1+2+3)
2022
⚡
Renewable Energy
0.3%
of total energy
💧
Water Usage
1.5M m3/year
2022
♻️
Waste
2.1K tons/year
2022
⚙️
Energy Use
8.2M GJ/year
2022

📊 Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).16.3K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.68.6 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).537.2K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2022553.5K tCO2e/year (Scope 1+2+3)
2021478.4K tCO2e/year (Scope 1+2+3)
201425.6K tCO2e (Scope 1) + 476 tCO2e (Scope 2) + 450455 tCO2e (Scope 3)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Zero accidents
  • No oil spills
  • At least 2,000 hours of volunteer work by employees
  • Support at least 2,000 people through social programs
  • Promote social inclusion for 30,000 people through socio-educational programs

📅 Medium-term

  • 50% women in onshore leadership positions
  • 15% reduction in Scope 3 emissions from assets
  • 50% reduction in gas flaring emissions

🔭 Long-term

  • Carbon-neutral operations by 2035
  • 25% of business dedicated to clean energy projects by 2040

🌱 ESG Focus Areas

Ethics, integrity, and complianceCompetitiveness and business growthClimate changeEnvironmental impacts of operationsHealth and safetyHuman rights and diversityResponsible supplier managementCommunity relations

⚠️ Challenges & Risks +

  • Consolidation of DrillCo. (spin-off of the Offshore Drilling business)
  • Analyzing the viability of decarbonization solutions and establishing a priority matrix
  • Maintaining safety performance with increased hiring and maintenance shutdowns

📋 Report Information

Reporting Period: 2022
Frameworks: GRI Standards, SASB Standards