Sbm Offshore

SBM Offshore, headquartered in the Netherlands and operating in the Gas/Diesel Oil industry, reported total carbon emissions of approximately 7.92 billion kg CO2e in 2025. This figure comprises 79,000 kg CO2e from Scope 1 emissions, 708,000 kg CO2e from market-based Scope 2 emissions, and approximately 7.92 billion kg CO2e from Scope 3 emissions. A significant portion of Scope 3 emissions, about 7.62 billion kg CO2e, originated from downstream leased assets, with an additional 266.26 million kg CO2e from purchased goods and services, and 36.10 million kg CO2e from business travel.

Looking at previous years, SBM Offshore's total emissions were approximately 7.18 billion kg CO2e in 2024, approximately 5.93 billion kg CO2e in 2023, and about 6.03 billion kg CO2e in 2022.

SBM Offshore has committed to achieving net-zero emissions by no later than 2050, including Scope 1, Scope 2, and Scope 3 (downstream leased assets). Intermediate targets include reaching net-zero Scope 1 and Scope 2 emissions by 2030, aiming for 100% renewable energy sourcing by 2030, and becoming climate neutral for Scope 1 and 2 by 2025. Additionally, the company targets a 50% reduction in the GHG intensity of Scope 3 downstream leased assets by 2030, compared to a 2016 baseline, and zero routine flaring for these assets. Historically, SBM Offshore aimed to reduce gas flared under its control by 20% by 2019 compared to 2018 levels.