1. Homepage
  2. Equities
  3. Norway
  4. Oslo Bors
  5. TECO 2030 ASA
  6. News
  7. Summary
    TECO   NO0010887516

TECO 2030 ASA

(TECO)
  Report
Real-time Oslo Bors  -  10:25 2022-06-24 am EDT
4.270 NOK   -6.36%
06/17Certain Shares of TECO 2030 ASA are subject to a Lock-Up Agreement Ending on 17-JUN-2022.
CI
06/13TECO 2030 and Partners Launch Hydrogen-Powered Tanker Concept
DJ
06/13TECO 2030 launches hydrogen tanker concept with partners, Hy-Ekotank
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

TECO 2030 releases its ESG Report 2021

04/29/2022 | 04:01am EDT

(Lysaker, Norway, 29 April 2022) TECO 2030 ASA (OSE: TECO) releases ESG Report 2021. The company is fully engaged in executing its growth strategy of becoming a leading provider of maritime and heavy-duty fuel cells.

The 2021 ESG Report has been prepared with inspiration by and follows the pillars of World Economic Forum’s IBC common metrics. In addition, the report has been supplemented with other standards where relevant, such as the recommendations from Task Force on Climate-Related Financial Disclosures (TCFD), the GRI Standards and the Euronext guidance on ESG reporting.

TECO 2030 aims to be transparent about our operations and will therefore continue to improve and develop our annual reporting by expanding the scope of the report and including additional disclosures relevant to the developments of the company.

“Over the past year, we have continued to explore ways to make the shipping industry more sustainable. We believe the industry will play a vital part in reaching the goals of the Paris Agreement as an alternative mode of transport to road, and air freight, which are significantly more emissions intensive than maritime transport. Our ambition remains to enable the shipping industry to grow while at the same time meeting the emission reduction goals of the EU and the International Maritime Organization (IMO),” says Tore Enger, Group CEO, TECO 2030.

The ESG Report 2021 is attached to this notice and is available on The Company's website.

Contacts

  • Pål Christian Johnsen, CFO, +47 412 76 747, pcj@teco2030.no
  • Tore Enger, Chief Executive Officer (CEO) of TECO 2030 ASA, +4792083800, tore.enger@teco2030.no

About TECO 2030 ASA

About TECO 2030:

TECO2030 accelerates the green transition in the maritime sector by delivering technology that helps ships to reduce their environmental and climate impacts. TECO2030 is developing hydrogen fuel cells that enable ships and other heavy-duty applications to become emissions-free. The company is also developing other solutions that can help the maritime industry to reduce its emissions, such as exhaust gas cleaning and carbon capture systems for ships. TECO2030 was founded in 2019 and is headquartered at Lysaker, Norway. The company is listed on Euronext Growth on Oslo Stock Exchange under the ticker TECO. TECO2030 has its roots in the TECO Maritime Group, a group that has provided technology and repair services to the global shipping industry since 1994. For more information, please visit www.teco2030.no.

Attachments

  • Download announcement as PDF.pdf
  • TECO2030 ESG Report 2021.pdf

© NTB Norway, source NTB English Regulatory Releases

All news about TECO 2030 ASA
06/17Certain Shares of TECO 2030 ASA are subject to a Lock-Up Agreement Ending on 17-JUN-202..
CI
06/13TECO 2030 and Partners Launch Hydrogen-Powered Tanker Concept
DJ
06/13TECO 2030 launches hydrogen tanker concept with partners, Hy-Ekotank
AQ
06/13TECO 2030 launches hydrogen tanker concept with partners, Hy-Ekotank
AQ
06/13TECO 2030 Launches Hydrogen Tanker Concept with Partners, Hy-Ekotank
CI
06/07Norway's Teco 2030 Starts Trading on OTCQX in US
MT
06/07TECO 2030 ASA commences trading on the OTCQX Market
AQ
06/07OTC Markets Group Welcomes TECO 2030 ASA to OTCQX
AQ
05/31TECO 2030 releases Q1 2022 Report
AQ
05/30TECO 2030 Secures $8 Million Convertible Loan from Investors
MT
More news
Financials
Sales 2022 59,0 M 5,98 M 5,98 M
Net income 2022 -51,0 M -5,17 M -5,17 M
Net Debt 2022 31,0 M 3,14 M 3,14 M
P/E ratio 2022 -15,3x
Yield 2022 -
Capitalization 606 M 61,4 M 61,4 M
EV / Sales 2022 10,8x
EV / Sales 2023 3,32x
Nbr of Employees 23
Free-Float 42,3%
Chart TECO 2030 ASA
Duration : Period :
TECO 2030 ASA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TECO 2030 ASA
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 4,27 NOK
Average target price 7,00 NOK
Spread / Average Target 63,9%
EPS Revisions
Managers and Directors
Tore Enger Group Chief Executive Officer
Pål Christian Johnsen Chief Financial Officer
Sigurd Gaarder Lange Chairman
Arild Eiken Chief Technology & Project Officer
Tor-Erik Hoftun Executive Vice President-Operations