Paragon Geophysical Services, Inc. Sustainability Profile
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 3 is lower than 86% 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 about 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 of approximately 385,374,000 kg CO2e from 2017 to 2018, highlighting a positive trend in their carbon footprint management. Despite these reductions, Paragon Geophysical Services, Inc. has not set 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). The lack of a climate pledge further suggests that while the company is actively reporting emissions, it may not yet have formalised strategies for future reductions. Overall, while Paragon Geophysical Services, Inc. has demonstrated a capacity for emissions reduction, the absence of structured climate commitments or targets may limit its potential for long-term sustainability in the face of increasing industry expectations for climate action.
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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 |
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Paragon Geophysical Services, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Paragon Geophysical Services, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
