PGS, or Petroleum Geo-Services, is a leading provider in the electricity sector, specialising in petroleum and other oil derivatives. Headquartered in Norway, PGS operates extensively across key regions, including Europe, North America, and parts of Asia. Founded in 1991, the company has achieved significant milestones, establishing itself as a trusted name in energy solutions.
PGS offers a range of core services, including advanced seismic imaging and data analysis, which are essential for optimising oil and gas exploration. Their commitment to innovation and sustainability sets them apart in a competitive market. With a strong market position, PGS has garnered recognition for its technological advancements and dedication to environmental stewardship, making it a pivotal player in the energy landscape.
-3 vs industry average
PGS’s score of 8 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Petroleum Electricity is among the most carbon-intensive industries
Industry performance
The Petroleum Electricity industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
PGS's reported carbon emissions
**PGS Carbon Emissions and Climate Commitments** Headquartered in NO, PGS operates within the "Electricity by petroleum and other oil derivatives" industry. While specific reduction targets are not detailed, PGS has disclosed its greenhouse gas emissions for several years, providing insights into its climate impact. In 2022, PGS reported total greenhouse gas emissions of approximately 296 million kg CO2e. This figure encompasses Scope 1 (direct emissions) and Scope 2 (indirect emissions from purchased energy), alongside reported Scope 3 emissions for business travel. Breaking down the 2022 data: * **Scope 1 emissions:** Approximately 293 million kg CO2e. * **Scope 2 emissions:** Approximately 3 million kg CO2e. * **Scope 3 emissions (Business Travel):** Approximately 7 million kg CO2e. Looking at previous years: * In 2021, total emissions were approximately 266 million kg CO2e, comprising about 263 million kg CO2e from Scope 1 and 3 million kg CO2e from Scope 2. Scope 3 data was not disclosed for this year. * In 2020, total emissions amounted to approximately 321 million kg CO2e, with Scope 1 emissions at about 314 million kg CO2e, Scope 2 at 6 million kg CO2e, and Scope 3 (business travel) at 1 million kg CO2e. * In 2019, total emissions were approximately 414 million kg CO2e, including about 408 million kg CO2e from Scope 1, 6 million kg CO2e from Scope 2, and 6 million kg CO2e from Scope 3 (business travel). * In 2018, total emissions reached approximately 351 million kg CO2e, with Scope 1 at about 345 million kg CO2e, Scope 2 at 6 million kg CO2e, and Scope 3 (business travel) at 5 million kg CO2e. It is important to note that the emissions data for PGS is cascaded, with the source organization being PGS ASA. Specific reduction initiatives and targets, such as Science Based Targets (SBTi), are not detailed within the provided information. However, the reporting of emissions across multiple scopes demonstrates an awareness of the company's carbon footprint.
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PGS’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for PGS yet.
Scope 3 top emissions categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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