Solstad Offshore ASA 2020 AR2
The report outlines Solstad Offshore's operational and financial performance for the fiscal year 2020, highlighting the successful completion of its financial restructuring in October. This restructuring significantly improved the company's balance sheet, strengthening equity by MNOK 8,078 and liquidity by MNOK 1,278. In terms of sustainability, Solstad achieved its 2020 target of a 20% reduction in greenhouse gas emissions compared to 2008 and is on track for its 2030 goal. Additionally, the company increased its revenue share from renewable energy projects to 10% and successfully implemented its safety culture program across the fleet.
Company: Solstad Offshore ASA
Sector: Transport & logistics
Country: Norway
Year: 2020
Type: AR2
Pages: 60
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Solstad Offshore ASA
Annual Report
The report outlines Solstad Offshore's operational and financial performance for the fiscal year 2020, highlighting the successful completion of its financial restructuring in October. This restructuring significantly improved the company's balance sheet, strengthening equity by MNOK 8,078 and liquidity by MNOK 1,278. In terms of sustainability, Solstad achieved its 2020 target of a 20% reduction in greenhouse gas emissions compared to 2008 and is on track for its 2030 goal. Additionally, the company increased its revenue share from renewable energy projects to 10% and successfully implemented its safety culture program across the fleet.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Apr 29, 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:
Scope 2:
Energy Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target