PGS
PGS, or Petroleum Geo-Services, is a leading provider of geophysical and geological services, headquartered in Norway. Established in 1991, the company has made significant strides in the oil and gas industry, particularly in seismic data acquisition and interpretation. With a strong operational presence in regions such as the North Sea, Brazil, and the Gulf of Mexico, PGS has positioned itself as a key player in the energy sector. The company offers a range of core services, including advanced seismic imaging and reservoir analysis, which are distinguished by their cutting-edge technology and commitment to sustainability. PGS has achieved notable milestones, such as pioneering multi-client data libraries that enhance exploration efficiency. With a reputation for innovation and reliability, PGS continues to support the global energy market while maintaining a focus on environmental stewardship.
DitchCarbon Score
How does PGS'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 Petroleum Electricity 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
PGS's score of 20 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PGS's reported carbon emissions
In 2023, PGS reported total carbon emissions of approximately 330,000,000 kg CO2e from Scope 1, 5,000,000 kg CO2e from Scope 2, and 67,000,000 kg CO2e from Scope 3, which includes 7,000,000 kg CO2e from business travel. This marks a notable increase in emissions compared to previous years, reflecting the challenges faced in reducing carbon output. Over the years, PGS has shown a trend of fluctuating emissions. For instance, in 2022, the company recorded approximately 293,000,000 kg CO2e from Scope 1, 9,000,000 kg CO2e from Scope 2, and 60,000,000 kg CO2e from Scope 3. The emissions from Scope 1 have decreased from about 408,000,000 kg CO2e in 2019 to 330,000,000 kg CO2e in 2023, indicating some progress in managing direct emissions. Despite these figures, PGS has not established specific reduction targets or initiatives as part of their climate commitments, which may limit their ability to effectively address climate change. The absence of documented reduction targets suggests a need for enhanced strategies to align with industry standards and global climate goals.
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Get Started| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 345,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 6,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 5,000,000 | 0,000,000 | 0,000,000 | - | 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.
PGS is not committed to any reduction initiatives 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.
