Shearwater
Shearwater GeoServices Holding AS, commonly known as Shearwater, is a leading provider of geophysical services headquartered in Norway. Founded in 2017, the company has rapidly established itself in the marine geophysical industry, focusing on advanced seismic data acquisition and processing. With a strong operational presence in key regions such as the North Sea and the Asia-Pacific, Shearwater serves a diverse clientele in the oil and gas sector. The company offers a range of core services, including 2D and 3D seismic surveys, which are distinguished by their cutting-edge technology and commitment to data quality. Shearwater's innovative approach has positioned it as a trusted partner in the energy sector, contributing to significant milestones in environmental sustainability and operational efficiency. With a reputation for excellence, Shearwater continues to shape the future of geophysical exploration.
DitchCarbon Score
How does Shearwater'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 Medical Device Manufacturing 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
Shearwater's score of 38 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shearwater's reported carbon emissions
In 2024, Shearwater reported total carbon emissions of approximately 263,004,100 kg CO2e for Scope 1 and about 3,489,020 kg CO2e for Scope 2. This marks a reduction from 2023, where emissions were approximately 348,087,020 kg CO2e for Scope 1 and about 3,856,320 kg CO2e for Scope 2. The company has not disclosed any Scope 3 emissions data for 2024, but in 2022, it reported approximately 92,676,130 kg CO2e in Scope 3 emissions, which included about 150,590 kg CO2e from business travel and approximately 2,116,760 kg CO2e from upstream transportation and distribution. Shearwater's emissions have shown fluctuations over the years, with 2021 emissions at approximately 356,347,580 kg CO2e for Scope 1, about 3,763,390 kg CO2e for Scope 2, and around 7,190,380 kg CO2e for Scope 3. The highest recorded emissions were in 2020, with a total of approximately 448,986,270 kg CO2e. Despite these figures, Shearwater has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company is headquartered in Norway and continues to navigate its carbon footprint within the global context of climate action.
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| 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 280,161,600 | 000,000,000 | - | 000,000,000 | 000,000,000 |
| Scope 2 | - | 0,000,000 | - | 0,000,000 | 0,000,000 |
| Scope 3 | 7,500,000 | 0,000,000 | 00,000,000 | - | - |
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.
Shearwater 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.
