Transocean
Transocean Ltd., a leading offshore drilling contractor, is headquartered in Switzerland (CH) and operates primarily in deepwater and ultra-deepwater regions globally. Founded in 1953, the company has established itself as a key player in the oil and gas industry, focusing on high-specification drilling rigs and innovative technologies. Transocean's core services include the operation of advanced drilling rigs, catering to the needs of major oil companies. Its commitment to safety and efficiency sets it apart in a competitive market. With a strong portfolio of assets and a reputation for reliability, Transocean has achieved significant milestones, including numerous industry awards for operational excellence. As a prominent entity in the offshore drilling sector, Transocean continues to shape the future of energy exploration.
DitchCarbon Score
How does Transocean'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 Business 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.
Industry Benchmark
Transocean's score of 26 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Transocean's reported carbon emissions
Transocean, headquartered in Switzerland (CH), reported significant carbon emissions over recent years, with the most recent data available from 2021 indicating total emissions of approximately 891,951,000 kg CO2e. This figure includes about 889,663,000 kg CO2e from Scope 1 emissions and approximately 2,288,000 kg CO2e from Scope 2 emissions. In 2020, the company recorded total emissions of about 1,079,691,000 kg CO2e, with Scope 1 emissions contributing approximately 1,076,410,000 kg CO2e and Scope 2 emissions at about 3,281,000 kg CO2e. Transocean's emissions peaked in 2019 at approximately 1,179,303,000 kg CO2e, which included about 3,172,000 kg CO2e from Scope 2 and 32,966,000 kg CO2e from Scope 3 related to business travel. The company has not disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for improvement in transparency and accountability regarding its climate strategy. Overall, while Transocean has made strides in reporting its emissions, the absence of defined reduction targets suggests that further action may be necessary to align with industry standards for climate commitments.
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Get Started| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | 000,000,000 |
| Scope 2 | 3,172,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 32,966,000 | 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.
Transocean is not committed to any reduction initiatives 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.
