Odfjell SE 2014 AR2
The report highlights Odfjell's performance in 2014, during which the company faced challenging market conditions, resulting in a net loss of USD 75 million. In response, Odfjell launched a major restructuring plan in early 2015 to improve cost efficiency and net results. On the environmental front, the company achieved an 8% reduction in CO2 emissions from its shipping activities compared to 2013, and improved its Energy Efficiency Operational Indicator (EEOI) to 17.90 grams of CO2 per tonne-mile. Additionally, Odfjell finalized a joint venture for its gas carrier business, Odfjell Gas AS, and continued expanding its global terminal network.
Company: Odfjell SE
Sector: Transport & logistics
Country: Norway
Year: 2014
Type: AR2
Pages: 104
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Odfjell SE
Annual Report
The report highlights Odfjell's performance in 2014, during which the company faced challenging market conditions, resulting in a net loss of USD 75 million. In response, Odfjell launched a major restructuring plan in early 2015 to improve cost efficiency and net results. On the environmental front, the company achieved an 8% reduction in CO2 emissions from its shipping activities compared to 2013, and improved its Energy Efficiency Operational Indicator (EEOI) to 17.90 grams of CO2 per tonne-mile. Additionally, Odfjell finalized a joint venture for its gas carrier business, Odfjell Gas AS, and continued expanding its global terminal network.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Women on Board
Workplace Fatalities
Employees