Altera Infrastructure
Altera Infrastructure, headquartered in Bermuda (BM), is a prominent player in the offshore energy sector, specialising in the operation and management of floating production storage and offloading (FPSO) units. Founded in 2017, the company has rapidly established itself in key operational regions, including Brazil and the North Sea, delivering innovative solutions that enhance the efficiency and sustainability of oil and gas production. With a focus on providing high-quality FPSO services, Altera Infrastructure distinguishes itself through its commitment to safety, environmental stewardship, and operational excellence. The company has achieved significant milestones, including the successful deployment of advanced technologies that optimise production processes. Recognised for its strong market position, Altera Infrastructure continues to play a vital role in the evolving energy landscape, contributing to the transition towards more sustainable energy practices.
DitchCarbon Score
How does Altera Infrastructure's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Altera Infrastructure's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Altera Infrastructure's reported carbon emissions
In 2023, Altera Infrastructure reported total carbon emissions of approximately 984,884,000 kg CO2e. This figure includes 713,735,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 4,912,000 kg CO2e from Scope 2 emissions, related to purchased electricity. Additionally, Scope 3 emissions totalled about 266,237,000 kg CO2e, encompassing various indirect emissions such as business travel and fuel-related activities. Comparatively, in 2022, the company emitted around 757,824,000 kg CO2e in Scope 1, 525,000 kg CO2e in Scope 2, and 375,772,000 kg CO2e in Scope 3. This indicates a significant increase in total emissions from 2022 to 2023, highlighting the challenges faced in reducing carbon footprints within the industry. Altera Infrastructure has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction strategies suggests a need for enhanced commitment to climate action, particularly in light of the rising emissions trend. The company operates within a sector that is increasingly scrutinised for its environmental impact, making it imperative to establish clear and actionable climate commitments moving forward.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 16,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Altera Infrastructure is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
