Odfjell SE 2021 AR2
The report highlights Odfjell's sustainability and financial performance for the fiscal year 2021. Notably, the company successfully issued the maritime industry's first sustainability-linked bond, a total of NOK 850 million, aligning its financing with long-term climate targets. Odfjell achieved an all-time low carbon intensity with an Annual Efficiency Ratio (AER) of 8.24 grams CO2 per dwt mile for its operated fleet, outperforming its reduction trajectory. Additionally, the company maintained a strong safety record with zero Lost Time Injuries (LTIs) in its shipping business. Odfjell also concluded its exit from the short-sea trade in Asia and gas carriers to focus exclusively on deep-sea shipping.
Company: Odfjell SE
Sector: Transport & logistics
Country: Norway
Year: 2021
Type: AR2
Pages: 81
Odfjell SE
The report highlights Odfjell's sustainability and financial performance for the fiscal year 2021. Notably, the company successfully issued the maritime industry's first sustainability-linked bond, a total of NOK 850 million, aligning its financing with long-term climate targets. Odfjell achieved an all-time low carbon intensity with an Annual Efficiency Ratio (AER) of 8.24 grams CO2 per dwt mile for its operated fleet, outperforming its reduction trajectory. Additionally, the company maintained a strong safety record with zero Lost Time Injuries (LTIs) in its shipping business. Odfjell also concluded its exit from the short-sea trade in Asia and gas carriers to focus exclusively on deep-sea shipping.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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
Women in Management
Workplace Fatalities
Net Zero Target
Employees