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 30 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Transocean's reported carbon emissions
In 2022, Transocean, headquartered in Switzerland (CH), reported carbon emissions totalling approximately 26,370,000 kg CO2e. This figure includes 2,072,000 kg CO2e from Scope 2 emissions and 24,215,000 kg CO2e attributed to Scope 3 emissions, specifically from business travel. The company has not disclosed any Scope 1 emissions data for this year. Looking back at 2021, Transocean's total emissions were about 891,951,000 kg CO2e, with Scope 1 emissions accounting for approximately 889,663,000 kg CO2e and Scope 2 emissions at 2,288,000 kg CO2e. In 2020, the total emissions were around 1,079,691,000 kg CO2e, with Scope 1 emissions of about 1,076,410,000 kg CO2e and Scope 2 emissions of 3,281,000 kg CO2e. The trend indicates a significant reliance on Scope 1 emissions in previous years, which were not reported for 2022. Transocean has not set specific reduction targets or initiatives as part of its climate commitments, nor has it reported any Science-Based Targets Initiative (SBTi) targets. The absence of documented reduction initiatives suggests a need for further development in their climate strategy. Overall, while Transocean has made strides in reporting its emissions, the lack of comprehensive reduction targets and initiatives highlights an area for potential improvement in its climate commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 1,419,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | - |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | - | - | 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 participating in any of the initiatives that 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.
