Reach Subsea AS, headquartered in Norway, is a prominent player in the "Other services (93)" industry, specialising in subsea services and solutions. Founded in 2011, the company has rapidly established itself as a leader in the offshore sector, particularly in the North Sea and other key operational regions.
With a focus on advanced subsea technology, Reach Subsea offers a range of services including inspection, maintenance, and repair (IMR) operations, as well as survey and data acquisition. Their commitment to innovation and efficiency sets them apart, enabling them to deliver tailored solutions that meet the evolving needs of their clients.
Recognised for their expertise and reliability, Reach Subsea has achieved significant milestones, positioning themselves as a trusted partner in the subsea industry. Their dedication to safety and sustainability further enhances their reputation, making them a preferred choice for offshore projects.
+9 vs industry average
Reach Subsea’s score of 34 is higher than 60% 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
Other Services has below-average carbon intensity
Industry performance
The Other Services industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Reach Subsea's reported carbon emissions
Reach Subsea ASA, an "Other services (93)" company headquartered in Norway, is actively reporting its carbon emissions.
For the reporting year 2024, Reach Subsea reported approximately 46.8 million kg CO2e for Scope 1 emissions and about 15,580 kg CO2e for Scope 2 (market-based) emissions.
In 2023, the company's total emissions were approximately 60.4 million kg CO2e, comprising about 59.7 million kg CO2e for Scope 1 and approximately 16,910 kg CO2e for Scope 2 (market-based). Scope 3 emissions for business travel were reported at about 656,000 kg CO2e for the same year.
The company's Scope 1 emissions in 2022 amounted to approximately 42.5 million kg CO2e, with Scope 2 (market-based) at about 1,600 kg CO2e. Scope 3 data for business travel was reported as zero for 2022.
Previous years show Scope 1 emissions of approximately 29.5 million kg CO2e in 2021, 35.6 million kg CO2e in 2020, 34.2 million kg CO2e in 2019, and 77.9 million kg CO2e in 2018 (though detailed scope breakdowns are not consistently available for all these years, with Scope 2 and 3 data missing for 2018-2021).
Reach Subsea has not disclosed specific, overarching reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge. However, their reporting of emissions data indicates a focus on monitoring and understanding their environmental impact within their industry.
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Reach Subsea’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Reach Subsea yet.
Scope 3 top emissions categories
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Reach Subsea
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