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
Odfjell SE
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