Public Profile

Shearwater

Shearwater GeoServices Holding AS, commonly known as Shearwater, is a leading provider of geophysical services headquartered in Norway. Founded in 2017, the company has rapidly established itself in the marine geophysical industry, focusing on advanced seismic data acquisition and processing. With a strong operational presence in key regions such as the North Sea and the Asia-Pacific, Shearwater serves a diverse clientele in the oil and gas sector. The company offers a range of core services, including 2D and 3D seismic surveys, which are distinguished by their cutting-edge technology and commitment to data quality. Shearwater's innovative approach has positioned it as a trusted partner in the energy sector, contributing to significant milestones in environmental sustainability and operational efficiency. With a reputation for excellence, Shearwater continues to shape the future of geophysical exploration.

DitchCarbon Score

How does Shearwater'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.

32

Industry Average

Mean score of companies in the Medical Device Manufacturing 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.

4

Industry Benchmark

Shearwater's score of 32 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

Shearwater's reported carbon emissions

In 2023, Shearwater reported total carbon emissions of approximately 414,100 kg CO2e. This figure includes 208,300 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 56,100 kg CO2e from Scope 2 emissions, related to purchased electricity. Scope 3 emissions totalled about 149,700 kg CO2e, with significant contributions from business travel (34,200 kg CO2e) and purchased goods and services (51,200 kg CO2e). In the previous years, Shearwater's emissions were as follows: in 2022, total emissions were approximately 356,800 kg CO2e; in 2021, they were about 426,800 kg CO2e; in 2020, emissions reached approximately 439,800 kg CO2e; and in 2019, total emissions were around 335,400 kg CO2e. Notably, the company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment in addressing climate change. Overall, Shearwater's emissions data reflects a complex landscape of carbon outputs across various scopes, highlighting the need for ongoing assessment and potential strategies for emissions reduction in alignment with industry standards.

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20192020202120222023
Scope 1
270,596,730
000,000,000
000,000,000
000,000
000,000
Scope 2
345,900
0,000,000
0,000,000
0,000,000
00,000
Scope 3
66,692,050
00,000,000
00,000,000
00,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shearwater's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Shearwater is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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.

Shearwater 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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