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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.
+16 vs industry average
Reach Subsea’s score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Services has below-average carbon intensity
The Other Services industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
Reach Subsea, headquartered in Norway, reported approximately 46,783,580 kg CO2e in total Scope 1 and Scope 2 market-based emissions for 2024. This figure includes 46,768,000 kg CO2e from Scope 1 and 15,580 kg CO2e from Scope 2 (market-based).
In 2023, the company's reported emissions were approximately 60,387,910 kg CO2e, comprising 59,715,000 kg CO2e from Scope 1, 16,910 kg CO2e from Scope 2 (market-based), and 656,000 kg CO2e from Scope 3 business travel. For 2022, Reach Subsea reported 42,493,000 kg CO2e from Scope 1 and 1,600 kg CO2e from Scope 2 (market-based). In 2021, only Scope 1 emissions were reported at 29,530,000 kg CO2e. For 2020, Scope 1 emissions were 35,551,000 kg CO2e, and in 2019, they were 34,203,000 kg CO2e. There is no disclosed emissions data for 2018.
Reach Subsea has not publicly set specific greenhouse gas reduction targets, including SBTi targets, nor has it signed The Climate Pledge. The company’s sustainability reporting indicates efforts to monitor and disclose its carbon footprint, with an emphasis on emissions per available vessel day. For example, in 2024, their reported CO2 emissions per available vessel day was 0.0 tonnes. In 2021, the CO2 emission per vessel day was 31,880 kg, 34,190 kg in 2020, and 30,060 kg per available vessel day in 2019. In 2018, this figure was 25,470 kg per available vessel day.
Reach Subsea's emissions data is reported directly by Reach Subsea ASA and is not cascaded from a parent or related organization.
No climate goals have been disclosed for Reach Subsea yet.
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