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.
+8 vs industry average
Reach Subsea’s score of 33 is higher than 59% 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 5% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Reach Subsea's reported carbon emissions
Reach Subsea, headquartered in Norway and operating in the "Other services (93)" industry, has been reporting its carbon emissions. For the 2024 reporting year, the company reported Scope 1 emissions of approximately 46.8 million kg CO2e and Scope 2 market-based emissions of about 15.6 thousand kg CO2e. In the 2023 reporting year, Reach Subsea's Scope 1 emissions were approximately 59.7 million kg CO2e, with Scope 2 market-based emissions around 16.9 thousand kg CO2e. Scope 3 emissions for business travel were reported at approximately 656 thousand kg CO2e for 2023. For the 2022 reporting year, Scope 1 emissions were approximately 42.5 million kg CO2e, and Scope 2 market-based emissions were about 1.6 thousand kg CO2e. Scope 3 business travel emissions were negligible at 0 kg CO2e. Earlier reporting periods show Scope 1 emissions as follows: approximately 29.5 million kg CO2e in 2021, about 35.6 million kg CO2e in 2020, and around 34.2 million kg CO2e in 2019. Scope 2 and Scope 3 data were not reported for these earlier years. Reach Subsea does not currently have disclosed reduction targets or commitments from initiatives like the Science Based Targets initiative (SBTi). Their reporting is directly from the organisation "Reach Subsea ASA".
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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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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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Reach Subsea
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