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 20 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 42,493,000 kg CO2e in 2022 and 29,530,000 kg CO2e in 2021. The company has not disclosed any Scope 2 or Scope 3 emissions data. Despite the rising emissions, Reach Subsea has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to focus on its operational efficiency, with emissions per available vessel day reported at about 35,080 kg CO2e in 2023. As the subsea services industry increasingly prioritises sustainability, Reach Subsea's commitment to addressing its carbon footprint remains crucial for aligning with global climate goals.
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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 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.
