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Public Profile
Computer Services
IL
updated 3 months ago

Paradigm Geophysical Ltd. Sustainability Profile

Company website

Paradigm Geophysical Ltd., headquartered in Illinois, is a leading player in the geophysical services industry, specialising in advanced seismic data processing and interpretation. Founded in the early 1990s, the company has established a strong presence in North America and beyond, delivering innovative solutions to the oil and gas, mining, and environmental sectors. With a focus on cutting-edge technology and expert analysis, Paradigm Geophysical offers unique services that enhance subsurface imaging and reservoir characterisation. Their commitment to quality and precision has positioned them as a trusted partner for clients seeking to optimise exploration and production efforts. Notable achievements include significant contributions to major projects that have reshaped industry standards, solidifying their reputation as a market leader in geophysical consultancy.

DitchCarbon Score

How does Paradigm Geophysical Ltd.'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.

74

Industry Average

Mean score of companies in the Computer Services 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.

31

Industry Benchmark

Paradigm Geophysical Ltd.'s score of 74 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Paradigm Geophysical Ltd.'s reported carbon emissions

Inherited from Aspen Technology, Inc.

Paradigm Geophysical Ltd., headquartered in Illinois, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Emerson Electric Co., which influences its climate commitments and initiatives. While there are no direct reduction targets or achievements reported for Paradigm Geophysical Ltd., it inherits sustainability initiatives from its parent company, Emerson Electric Co. This includes commitments to the Science Based Targets initiative (SBTi) and participation in the CDP (formerly Carbon Disclosure Project) through Aspen Technology, Inc., which is at a cascade level of 3. These initiatives reflect a broader commitment to reducing carbon footprints and enhancing sustainability practices within the corporate family. Paradigm Geophysical Ltd. is positioned within an industry context that increasingly prioritises climate action, although specific targets or pledges from the company itself are not available at this time. The lack of direct emissions data suggests a need for further transparency and commitment to climate action within the organisation.

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201920202021202220232024
Scope 1
723,000
000,000
000,000
000,000
000,000
000,000
Scope 2
6,074,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
00,000,000
00,000,000
00,000,000

How Carbon Intensive is Paradigm Geophysical Ltd.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Paradigm Geophysical Ltd.'s primary industry is Computer Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Paradigm Geophysical Ltd.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Paradigm Geophysical Ltd. is in IL, which has a low grid carbon intensity relative to other regions.

Paradigm Geophysical Ltd.'s Scope 3 Categories Breakdown

Paradigm Geophysical Ltd.'s Scope 3 emissions, which increased by 220% last year and increased by approximately 306% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 69% of Scope 3 emissions.

Top Scope 3 Categories

2024
Use of Sold Products
69%
Purchased Goods and Services
14%
Business Travel
9%
Employee Commuting
5%
Fuel and Energy Related Activities
1%
Upstream Leased Assets
<1%
Upstream Transportation & Distribution
<1%

Paradigm Geophysical Ltd.'s Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Paradigm Geophysical Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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