Odfjell SE 2020 AR2
The report highlights Odfjell's financial and sustainability performance for the year 2020, marked by the completion of its largest-ever fleet renewal program. The company achieved an all-time low carbon intensity with an Annual Efficiency Ratio of 8.64 grams of CO2 per deadweight tonne-mile, representing a 30% efficiency improvement since 2008. Odfjell also issued the shipping sector's first sustainability-linked bond, tied to its target of reducing carbon intensity by 50% by 2030. Additionally, the company appointed its first Chief Sustainability Officer and committed to achieving a climate-neutral fleet by 2050.
Company: Odfjell SE
Sector: Transport & logistics
Country: Norway
Year: 2020
Type: AR2
Pages: 69
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Odfjell SE
Annual Report
The report highlights Odfjell's financial and sustainability performance for the year 2020, marked by the completion of its largest-ever fleet renewal program. The company achieved an all-time low carbon intensity with an Annual Efficiency Ratio of 8.64 grams of CO2 per deadweight tonne-mile, representing a 30% efficiency improvement since 2008. Odfjell also issued the shipping sector's first sustainability-linked bond, tied to its target of reducing carbon intensity by 50% by 2030. Additionally, the company appointed its first Chief Sustainability Officer and committed to achieving a climate-neutral fleet by 2050.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees