Odfjell Drilling Receives Industry Leading ESG Grade

Published 19.09.2023

Odfjell Drilling Ltd (OSE: ODL) is pleased to note that it has received an industry leading B+ grade from the Position Green ESG 100 Report 2023.

The annual ESG100 Report by Position Green evaluates the quality in the reporting from the 100 largest listed companies in Norway. As part of the report, Position Green, considers a Company’s ESG disclosures against the EU’s European Sustainability Reporting Standards “ESRS” and grades companies from A+ to F. With a grade of B+, Odfjell Drilling ranks as the top drilling company in the report and in the top 35% of all companies graded.

Karoline Flåte, VP of Sustainability commented:

“This year’s B+ rating from the ESG100 is testament to our ongoing commitment to ESG principles and ongoing strategy execution. The new regulations provide transparency and accountability but also gives us the data and the insights we need for further progress. We will build on this momentum, recognising that strong ESG performance requires continuous effort and adaptation to evolving sustainability expectations and regulations.”

About ESG100

ESG100 is a rating and assessment system used to evaluate the quality in sustainability reporting of the 100 largest companies listed on the Oslo Stock Exchange. This framework assesses a company’s environmental impact, its engagement with social and community issues, and the quality of its governance practices.

About Position Green

Position Green is a pure play sustainability partner, a member of the UN Global Compact and a partner of GRESB and the SASB Consulting Programme, having contributed to the development of the SASB Marine Transportation standards, a certified GRI Training Partner and a CDP Accredited Solutions Provider.

See all News