Fred. Olsen Cruise Lines
Fred. Olsen Cruise Lines, headquartered in Great Britain, has been a prominent player in the cruise industry since its founding in 1848. With a rich heritage spanning over 175 years, the company has evolved to offer unique cruise experiences across Europe, the Caribbean, and beyond. Specialising in smaller, more intimate ships, Fred. Olsen provides personalised service and immersive itineraries that allow guests to explore off-the-beaten-path destinations. Their fleet, known for its traditional charm and modern amenities, sets them apart in a competitive market. Recognised for their commitment to sustainability and exceptional customer service, Fred. Olsen Cruise Lines continues to maintain a strong market position, appealing to discerning travellers seeking memorable adventures at sea.
DitchCarbon Score
How does Fred. Olsen Cruise Lines'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 Transport Equipment Manufacturing 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
Fred. Olsen Cruise Lines's score of 34 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fred. Olsen Cruise Lines's reported carbon emissions
In 2023, Fred. Olsen Cruise Lines reported total carbon emissions of approximately 196,931,000 kg CO2e from Scope 1, which includes emissions from stationary combustion. Additionally, the company recorded 456,000 kg CO2e from Scope 2 emissions related to purchased electricity. Scope 3 emissions were significant, with 10,387,000 kg CO2e attributed to business travel, 193,000 kg CO2e from purchased goods and services, and 671,000 kg CO2e from waste generated in operations. Comparatively, in 2022, the company’s emissions were approximately 180,233,000 kg CO2e for Scope 1, 56,000 kg CO2e for Scope 2, and 9,341,690 kg CO2e for business travel under Scope 3, alongside 183,870 kg CO2e from purchased goods and services and 5,168,000 kg CO2e from waste. Despite these figures, Fred. Olsen Cruise Lines has not set specific reduction targets or initiatives as part of their climate commitments. The emissions data is cascaded from their parent company, Bonheur ASA, which provides a broader context for their environmental impact. The company is currently classified as a current subsidiary of Fred. Olsen Cruise Lines Limited, and their emissions data reflects the operational scope of the cruise line industry. Overall, while Fred. Olsen Cruise Lines has made strides in reporting their emissions, further commitments and reduction strategies are necessary to align with industry standards for climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 180,233,000 | 000,000,000 |
| Scope 2 | 56,000 | 000,000 |
| Scope 3 | 14,693,560 | 00,000,000 |
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.
Fred. Olsen Cruise Lines 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.
