Public Profile

DeepOcean Group Holding AS

DeepOcean Group Holding AS, headquartered in Norway, is a leading player in the subsea services industry, specialising in underwater engineering and marine operations. Founded in 1999, the company has established a strong presence in key operational regions, including Europe, the Americas, and Asia-Pacific. DeepOcean offers a comprehensive range of services, including subsea installation, inspection, maintenance, and repair, primarily for the oil and gas, renewable energy, and telecommunications sectors. Their innovative approach and advanced technology set them apart, enabling efficient and sustainable solutions for complex underwater challenges. With a commitment to safety and environmental stewardship, DeepOcean has achieved significant milestones, positioning itself as a trusted partner in the global subsea market. The company’s dedication to excellence and continuous improvement has earned it a reputation for reliability and expertise in the industry.

DitchCarbon Score

How does DeepOcean Group Holding AS'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.

30

Industry Average

Mean score of companies in the Construction Work 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.

20

Industry Benchmark

DeepOcean Group Holding AS's score of 30 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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DeepOcean Group Holding AS's reported carbon emissions

In 2023, DeepOcean Group Holding AS reported total carbon emissions of approximately 1,727,000 kg CO2e for Scope 1, 209,000 kg CO2e for Scope 2, and 2,202,000 kg CO2e for Scope 3 emissions. This indicates a slight increase in Scope 1 emissions compared to 2022, where they were about 1,646,000 kg CO2e, while Scope 2 emissions rose from approximately 168,000 kg CO2e. Scope 3 emissions remained consistent with the previous year, also reported at about 2,202,000 kg CO2e. Over the years, DeepOcean has shown fluctuations in its emissions, with Scope 1 emissions increasing from about 1,522,000 kg CO2e in 2020 to the current figure. Scope 2 emissions have varied, while Scope 3 emissions peaked at approximately 2,788,000 kg CO2e in 2021 before stabilising. Despite these emissions figures, DeepOcean has not disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy. The company operates within an industry context that increasingly prioritises sustainability and carbon reduction, highlighting the importance of establishing measurable goals to align with global climate efforts.

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2020202120222023
Scope 1
1,522,000
0,000,000
0,000,000
0,000,000
Scope 2
128,000
000,000
000,000
000,000
Scope 3
2,571,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. DeepOcean Group Holding AS's primary industry is Construction work (45), 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. This request for DeepOcean Group Holding AS is in NO, which has a very low grid carbon intensity relative to other regions.

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.

DeepOcean Group Holding AS 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.

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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Where does DitchCarbon data come from?

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