Solstad Offshore ASASolstad Offshore ASA - ESG Rating & Company Profile powered by AI

Industry Group:Oil Related Services and Equipment

This report of Solstad Offshore ASA leverages intelligence from across the web as well as from public disclosures by Solstad Offshore ASA. This article contains a questions and answers table on Solstad Offshore ASA. This page displays a zero-cost E,S&G report covering Solstad Offshore ASA.

Solstad Offshore ASA in the Oil Related Services and Equipment industry gained a UN SDG ESG Transparency Score of 6.0; made up of an environmental score of 6.9, social score of 5.3 and governance score of 5.7.

SDG Transparency Score for Solstad Offshore ASA 
Low
0 - 3

6.0

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Solstad Offshore ASA 
6.9

Environmental

5.3

Social

5.7

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Technip Energies NV
8.7
High
2John Wood Group PLC
8.3
High
102ProPetro Holding Corp
6.1
High
102National Energy Services Reunited Corp
6.1
High
106Solstad Offshore ASA
6.0
High
106CMIC Ocean En Tech Holding Co Ltd
6.0
High
106GC Rieber Shipping ASA
6.0
High
.........
296Winalta Inc
0.0
Low
296Wah Seong Corporation Bhd
0.0
Low
.........
View the full peer group of 417 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Solstad Offshore ASA have an accelerator or VC vehicle to help deliver innovation?

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Does Solstad Offshore ASA disclose current and historical energy intensity?

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Does Solstad Offshore ASA report the average age of the workforce?

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Does Solstad Offshore ASA reference operational or capital allocation in relation to climate change?

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Does Solstad Offshore ASA disclose its ethnicity pay gap?

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Does Solstad Offshore ASA disclose cybersecurity risks?

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Does Solstad Offshore ASA offer flexible work?

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Does Solstad Offshore ASA have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Solstad Offshore ASA disclose the number of employees in R&D functions?

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Does Solstad Offshore ASA conduct supply chain audits?

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Does Solstad Offshore ASA disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Solstad Offshore ASA conduct 360 degree staff reviews?

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Does Solstad Offshore ASA disclose the individual responsible for D&I?

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Does Solstad Offshore ASA disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Solstad Offshore ASA disclose current and / or historical scope 2 emissions?

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Does Solstad Offshore ASA disclose water use targets?

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Does Solstad Offshore ASA have careers partnerships with academic institutions?

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Did Solstad Offshore ASA have a product recall in the last two years?

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Does Solstad Offshore ASA disclose incidents of discrimination?

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Does Solstad Offshore ASA allow for Work Councils/Collective Agreements to be formed?

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Has Solstad Offshore ASA issued a profit warning in the past 24 months?

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Does Solstad Offshore ASA disclose parental leave metrics?

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Does Solstad Offshore ASA disclose climate scenario or pathway analysis?

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Does Solstad Offshore ASA disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Solstad Offshore ASA disclose the pay ratio of women to men?

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Does Solstad Offshore ASA support suppliers with sustainability related research and development?

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Does Solstad Offshore ASA disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Solstad Offshore ASA reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Solstad Offshore ASA involved in embryonic stem cell research?

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Does Solstad Offshore ASA disclose GHG and Air Emissions intensity?

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Does Solstad Offshore ASA disclose its waste policy?

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Does Solstad Offshore ASA report according to TCFD requirements?

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Does Solstad Offshore ASA disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Solstad Offshore ASA disclose energy use targets?

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Does Solstad Offshore ASA disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Solstad Offshore ASA have a policy relating to cyber security?

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Potential Risks for Solstad Offshore ASA
These potential risks are based on the size, segment and geographies of the company.

Solstad Offshore ASA operates offshore service and construction vessels for offshore and renewable energy industry worldwide. It provides platform supply vessel, anchor handling vessel, subsea construction, and renewable energy services. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, deep sea mining, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work. It operates a fleet of 25 construction service vessels, 26 anchor handling tug support vessels, and 45 platform supply vessels. The company was founded in 1964 and is headquartered in Skudeneshavn, Norway.

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