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Other Services
NO
updated 22 days ago

Reach Subsea Sustainability Profile

Company website

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.

47

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.

25

Industry Benchmark

Reach Subsea's score of 47 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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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 marks a significant reduction 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, which included business travel. Over the past few years, Reach Subsea has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported Scope 1 emissions of about 42,493,000 kg CO2e and Scope 2 emissions of 1,600 kg CO2e, indicating a trend towards lower emissions. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, as no formal reduction targets have been documented. The emissions data is not cascaded from any parent organization, and all figures are directly reported by Reach Subsea ASA. The company continues to focus on sustainability and reducing its environmental impact within the subsea industry.

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2018201920202021202220232024
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
-

How Carbon Intensive is Reach Subsea's Industry?

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 very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Reach Subsea's Location?

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. This request for Reach Subsea is in NO, which has a very low grid carbon intensity relative to other regions.

Reach Subsea's Scope 3 Categories Breakdown

Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2023
Business Travel
100%

Reach Subsea's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Reach Subsea has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Reach Subsea's Emissions with Industry Peers

Fugro

NL
•
Other business services (74)
Updated 9 days ago

Reef Subsea AS

NO
•
Collected and purified water, distribution services of water (41)
Updated 2 months ago

Royal Boskalis Westminster

NL
•
Construction work (45)
Updated 2 days ago

Slb

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 14 days ago

Oceaneering

US
•
Other business services (74)
Updated 2 months ago

Kongsberg Gruppen

NO
•
Other services (93)
Updated 9 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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