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 27 is higher than 67% 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 2023, Reach Subsea, headquartered in Norway, reported carbon emissions of approximately 59,715,000 kg CO2e, all of which fall under Scope 1 emissions. This marks an increase from previous years, with emissions of about 42,493,000 kg CO2e in 2022, 29,530,000 kg CO2e in 2021, and 35,551,000 kg CO2e in 2020. The company also reported Scope 2 emissions of about 375,000 kg CO2e in 2020 and 351,000 kg CO2e in 2019, indicating a focus on direct emissions from their operations. Despite the increase in emissions in 2023, Reach Subsea has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, Reach Subsea's emissions data highlights the challenges faced in reducing carbon emissions within the subsea industry, while also indicating a need for more robust climate commitments moving forward.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| 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
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.
