Odfjell SE 2018 AR2
The report highlights Odfjell's performance and strategic developments in 2018, a year characterized as a turning point despite challenging chemical tanker markets and a net loss of USD 211 million. The company made significant progress in its extensive fleet renewal program, with new fuel-efficient vessels replacing older tonnage, and restructured its terminal portfolio, including the sale of the Rotterdam terminal. Odfjell also launched its first formal sustainability strategy, aligning with the UN Sustainable Development Goals and preparing for the IMO 2020 regulations. Additionally, the company recorded its best-ever energy efficiency with an Energy Efficiency Operational Indicator (EEOI) of 16.62, representing a 1.1% improvement from 2017.
Company: Odfjell SE
Sector: Transport & logistics
Country: Norway
Year: 2018
Type: AR2
Pages: 63
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Odfjell SE
Annual Report
The report highlights Odfjell's performance and strategic developments in 2018, a year characterized as a turning point despite challenging chemical tanker markets and a net loss of USD 211 million. The company made significant progress in its extensive fleet renewal program, with new fuel-efficient vessels replacing older tonnage, and restructured its terminal portfolio, including the sale of the Rotterdam terminal. Odfjell also launched its first formal sustainability strategy, aligning with the UN Sustainable Development Goals and preparing for the IMO 2020 regulations. Additionally, the company recorded its best-ever energy efficiency with an Energy Efficiency Operational Indicator (EEOI) of 16.62, representing a 1.1% improvement from 2017.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Women on Board
Workplace Fatalities
Employees