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Public Profile
Crude Oil Extraction
NO
updated 5 months ago

Reach Subsea AS

Company website

Reach Subsea AS, headquartered in Norway, is a leading player in the subsea services industry, specialising in underwater operations and technology. Founded in 2008, the company has established a strong presence in key operational regions, including the North Sea and other offshore markets. With a focus on providing advanced subsea solutions, Reach Subsea offers a range of services, including remotely operated vehicle (ROV) operations, survey services, and subsea construction. Their commitment to innovation and safety sets them apart in a competitive landscape, ensuring high-quality service delivery. 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 sustainability and efficiency further enhances their market standing, making them a preferred choice for subsea projects worldwide.

DitchCarbon Score

How does Reach Subsea AS'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.

6

Industry Average

Mean score of companies in the Crude Oil Extraction 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.

6

Industry Benchmark

Reach Subsea AS's score of 6 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Reach Subsea AS's reported carbon emissions

Reach Subsea AS, headquartered in Norway, currently does not report any specific carbon emissions data, as there are no available figures for kg CO2e emissions. Additionally, the company has not established any documented reduction targets or climate pledges. As such, there are no specific commitments or initiatives outlined regarding their carbon footprint or climate action strategies. In the absence of reported emissions data and reduction initiatives, it is unclear how Reach Subsea AS is addressing climate change within the subsea industry context. The company may need to develop and communicate its climate commitments to align with industry standards and expectations for sustainability.

Industry emissions intensity

Very low
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Very high
Some industries are more carbon intensive than others. Reach Subsea AS's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high 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. This request for Reach Subsea AS is in NO, which has a very low grid carbon intensity relative to other regions.

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 AS 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.

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

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