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.
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.
Industry Benchmark
Shearwater's score of 36 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shearwater's reported carbon emissions
In 2023, Shearwater reported total carbon emissions of approximately 414,100 kg CO2e, with Scope 1 emissions accounting for about 208,300 kg CO2e, Scope 2 emissions at approximately 56,100 kg CO2e, and Scope 3 emissions reaching about 149,700 kg CO2e. Notably, the company has shown a reduction in total emissions from 2022, where they reported approximately 356,800 kg CO2e. In 2022, Shearwater's emissions comprised about 172,600 kg CO2e from Scope 1, approximately 100,800 kg CO2e from Scope 2, and around 83,300 kg CO2e from Scope 3. This indicates a significant effort in managing and reducing their carbon footprint over the years. Despite these reductions, Shearwater has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose emissions across all three scopes, demonstrating transparency in their climate impact reporting. Overall, Shearwater's emissions data reflects a commitment to monitoring and potentially reducing their carbon footprint, although further details on specific reduction strategies or targets are not available.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| 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
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.
Shearwater 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.
