Public Profile

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.

18

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.

11

Industry Benchmark

Reach Subsea's score of 18 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

73%

Reach Subsea's reported carbon emissions

In 2023, Reach Subsea reported carbon emissions of approximately 59,715,000 kg CO2e, all of which fall under Scope 1 emissions. This marks an increase from 42,493,000 kg CO2e in 2022 and 29,530,000 kg CO2e in 2021. The company has not disclosed any Scope 2 emissions for 2023, but previous years show Scope 2 emissions of 375,000 kg CO2e in 2020 and 351,000 kg CO2e in 2019. Despite the fluctuations in emissions, Reach Subsea has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further strategic planning in their sustainability efforts. The company continues to monitor its emissions, with a focus on improving efficiency, as indicated by their reported CO2 emissions per available vessel day, which has varied over the years. Overall, while Reach Subsea's emissions have increased recently, their commitment to tracking and reporting emissions is evident, although more concrete climate action plans would enhance their sustainability profile.

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Add to project
201820192020202120222023
Scope 1
39,992,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
-
000,000
000,000
-
-
-
Scope 3
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Reach Subsea's primary industry is Other services (93), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Reach Subsea is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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