Sif Group

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

Sif's sole product — offshore wind foundations — directly enables low-carbon electricity generation; with 22.7 GW of installed capacity supported and a 35–40% European market share, the avoided-emissions leverage is very high, though the manufacturing process itself is energy- and steel-intensive.

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

Sif has internal targets (100% renewable electricity by 2030, Scope 1 electrification, HVO100 biofuel for logistics) and tracks Scope 1 and 2 emissions, but no SBTi-validated science-based targets, no CDP disclosure, and no publicly quantified Scope 3 net-zero pathway were found, which substantially limits target credibility.

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

Safety performance improved sharply (LTIF from 8.28 to 0.78 in 2024), the company holds ISO 50001 energy management certification, operates a Code of Conduct with supplier ESG integration, and has a two-tier board under Dutch law; sickness leave of 7.75% and historically high LTIF in 2023 are mild negatives.

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Sif publishes an annual report with CSRD sustainability statements including Scope 1 and 2 emission metrics, LTIF, turnover rates, and energy data under ISO 50001, and is listed on Euronext Amsterdam; however, the absence of CDP questionnaire responses and no independently verified Scope 3 inventory caps the transparency score.

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

No material controversies, regulatory sanctions, environmental litigation, fossil-fuel lobbying, or governance scandals were identified in public records; Sif's legacy oil-and-gas tubular work (pre-2002 pivot) is distant history and the current order book is exclusively offshore wind.