Ocean GeoLoop AS 2024 Annual Report
Company: Ocean GeoLoop AS
Sector: Water & waste services
Country: Norway
Year: 2024
Type: Annual Report
Pages: 28
The report describes the company's 2024 progress in establishing its carbon capture technology for the lime industry, supported by capture rates exceeding 90%, 95% product gas purity and approximately 200 kWh per tonne. It highlights SINTEF's third-party verification of the industry's record-low electricity consumption data and customer testing at the Trondheim R&D Center. The company reports 54 Group employees, including 8 women, and a six-member board with three women. It also documents initiation of a double materiality process and an ESG task force, with fuller sustainability disclosures planned for 2025.
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