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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.
-5 vs industry average
PGS’s score of 7 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Petroleum Electricity is among the most carbon-intensive industries
The Petroleum Electricity industry has reduced its overall emissions by 30% since 2018
Scope 3 accounts for ••• of total emissions.
PGS, headquartered in Norway and operating in the Electricity by petroleum and other oil derivatives sector, reported its 2022 carbon emissions with a Scope 1 total of 293,000,000 kg CO2e, Scope 2 emissions of 3,000,000 kg CO2e, and Scope 3 business travel emissions of 7,000,000 kg CO2e. In 2021, PGS's Scope 1 emissions were 263,000,000 kg CO2e, and Scope 2 emissions were 3,000,000 kg CO2e. The company's 2020 emissions included 314,000,000 kg CO2e for Scope 1, 6,000,000 kg CO2e for Scope 2, and 1,000,000 kg CO2e for Scope 3 business travel. For 2019, PGS recorded Scope 1 emissions of 408,000,000 kg CO2e, Scope 2 emissions of 6,000,000 kg CO2e, and Scope 3 business travel emissions of 6,000,000 kg CO2e. In 2018, Scope 1 emissions were 345,000,000 kg CO2e, Scope 2 emissions were 6,000,000 kg CO2e, and Scope 3 business travel emissions were 5,000,000 kg CO2e.
The emissions data for PGS is cascaded from its related entity, PGS ASA.
PGS has not publicly disclosed any specific reduction targets, SBTi reduction targets, or participation in the Climate Pledge. Information regarding "Scope 3/fuel_and_energy_related_activities" is missing for all reported years.
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No climate goals have been disclosed for PGS yet.
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