Reach Subsea
Reach Subsea AS, headquartered in Norway, is a leading player in the subsea services industry, specialising in underwater operations and engineering solutions. Founded in 2011, the company has rapidly established itself in key operational regions, including the North Sea and other offshore markets. With a focus on providing advanced subsea technology and services, Reach Subsea offers a range of core products, including remotely operated vehicles (ROVs) and survey solutions. Their commitment to innovation and efficiency sets them apart in a competitive landscape. Recognised for their expertise, Reach Subsea has achieved significant milestones, positioning themselves as a trusted partner for clients in the oil and gas, renewable energy, and marine sectors. Their dedication to safety and sustainability further enhances their reputation in the industry.
DitchCarbon Score
How does Reach Subsea'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 Other Services 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
Reach Subsea's score of 47 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Reach Subsea's reported carbon emissions
In 2024, Reach Subsea, headquartered in Norway, reported total carbon emissions of approximately 46,768,000 kg CO2e for Scope 1 and about 15,580 kg CO2e for Scope 2. This reflects a decrease from 2023, where emissions were approximately 59,715,000 kg CO2e for Scope 1, 16,910 kg CO2e for Scope 2, and 656,000 kg CO2e for Scope 3, specifically from business travel. The company has shown a commitment to reducing its carbon footprint, although no specific reduction targets or initiatives have been documented. The emissions data is not cascaded from any parent organisation, indicating that Reach Subsea is independently reporting its emissions. Over the past few years, Reach Subsea has demonstrated a trend of decreasing Scope 1 emissions, from about 59,715,000 kg CO2e in 2023 to 46,768,000 kg CO2e in 2024. This reduction is significant in the context of their operational activities and revenue growth, which was approximately USD 239 million in 2024. Overall, while Reach Subsea has made strides in emissions reduction, further commitments and structured targets would enhance their climate strategy and align with industry standards for sustainability.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 39,992,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | 0,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - | - | 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.
Reach Subsea is not participating in any of the initiatives that 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.
