Odfjell SE 2022 AR2

The report highlights Odfjell's strong financial and operational performance in 2022, delivering its strongest annual result since 2008 with a net profit of USD 142 million. The company made significant progress in its decarbonization strategy, reducing the carbon intensity of its controlled fleet by 5.5%, which is now 49% lower than the 2008 baseline. Odfjell also expanded its sustainable financing, with sustainability-linked loans accounting for 40% of its total interest-bearing debt. Additionally, the company completed the restructuring of its terminals portfolio and successfully executed the green recycling of the vessel Bow Flower, with over 99% of the vessel recycled or reused.

Company: Odfjell SE

Sector: Industrials

Country: Norway

Year: 2022

Type: AR2

Pages: 87

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Odfjell SE

Odfjell SE 2022 Annual Report

Annual Report

The report highlights Odfjell's strong financial and operational performance in 2022, delivering its strongest annual result since 2008 with a net profit of USD 142 million. The company made significant progress in its decarbonization strategy, reducing the carbon intensity of its controlled fleet by 5.5%, which is now 49% lower than the 2008 baseline. Odfjell also expanded its sustainable financing, with sustainability-linked loans accounting for 40% of its total interest-bearing debt. Additionally, the company completed the restructuring of its terminals portfolio and successfully executed the green recycling of the vessel Bow Flower, with over 99% of the vessel recycled or reused.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

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:

Scope 3:

Energy Consumption

Renewable Energy

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees