Paragon Geophysical Services, Inc.
Paragon Geophysical Services, Inc., a leading name in the geophysical industry, is headquartered in the United States and operates extensively across North America and beyond. Founded in 1997, the company has established itself as a trusted provider of advanced geophysical solutions, specialising in seismic data acquisition, processing, and interpretation. Paragon's unique approach combines cutting-edge technology with a commitment to client collaboration, ensuring tailored solutions that meet specific project needs. With a strong market position, the company has achieved notable milestones, including significant contributions to major energy and mineral exploration projects. Paragon Geophysical Services continues to set industry standards, delivering high-quality services that enhance decision-making in resource management and environmental assessments.
DitchCarbon Score
How does Paragon Geophysical Services, Inc.'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 Crude Oil Extraction 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
Paragon Geophysical Services, Inc.'s score of 0 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Paragon Geophysical Services, Inc.'s reported carbon emissions
In 2018, Paragon Geophysical Services, Inc. reported significant carbon emissions, totalling approximately 1,218,010,000 kg CO2e for Scope 1, 2,996,000 kg CO2e for Scope 2, and 14,343,000 kg CO2e for Scope 3. This data reflects a comprehensive disclosure of emissions across all three scopes, indicating a commitment to transparency in their environmental impact. Comparatively, in 2017, the company’s emissions were approximately 1,603,384,000 kg CO2e for Scope 1, 2,928,000 kg CO2e for Scope 2, and 12,743,000 kg CO2e for Scope 3. This shows a reduction in Scope 1 emissions by about 385,374,000 kg CO2e from 2017 to 2018, highlighting a positive trend in their carbon footprint management. Despite these figures, Paragon Geophysical Services, Inc. has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). This lack of formal climate pledges suggests that while the company is actively reporting its emissions, it may need to enhance its climate strategy to align with industry standards and expectations for sustainability. Overall, while Paragon Geophysical Services, Inc. has made strides in emissions reporting and has shown a reduction in certain areas, the absence of formal reduction commitments indicates an opportunity for further development in their climate action strategy.
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| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Scope 1 | 799,551,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 4,173,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,620,000 | 00,000,000 | 00,000,000 | 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.
Paragon Geophysical Services, Inc. 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.
