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Crude Oil Extraction
NO
updated a month ago

Spectrum ASA

Company website

Spectrum ASA, headquartered in Norway, is a leading provider of geophysical services and data solutions for the oil and gas industry. Founded in 1986, the company has established a strong presence in key operational regions, including Europe, the Americas, and Asia-Pacific. Spectrum ASA is renowned for its advanced seismic data acquisition and processing, as well as its comprehensive data libraries, which support exploration and production activities. With a commitment to innovation, Spectrum ASA has achieved significant milestones, including the development of unique imaging technologies that enhance subsurface understanding. The company’s core offerings, such as multi-client seismic data and interpretation services, set it apart in a competitive market. Spectrum ASA's reputation for quality and reliability has solidified its position as a trusted partner for energy companies worldwide.

DitchCarbon Score

How does Spectrum ASA'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.

32

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.

11

Industry Benchmark

Spectrum ASA's score of 32 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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Spectrum ASA's reported carbon emissions

Inherited from TGS ASA

Spectrum ASA, headquartered in Norway, currently does not have specific carbon emissions data available for the most recent year. The company is a merged entity that inherits emissions data from its parent organization, TGS ASA. As such, any relevant emissions figures or climate commitments would be derived from TGS ASA's reporting. Spectrum ASA has not publicly disclosed any specific reduction targets or initiatives related to the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that the company may still be in the process of establishing its climate strategy. Given the lack of specific emissions data and reduction commitments, it is essential for Spectrum ASA to develop a comprehensive climate action plan that aligns with industry standards and best practices. This would not only enhance transparency but also contribute to global efforts in reducing carbon emissions and addressing climate change.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
Scope 1
719,000,000
000,000,000
-
-
-
00,000,000
000,000,000
Scope 2
10,770,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
00,000,000
Scope 3
-
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Spectrum ASA'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 Spectrum ASA 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.

Spectrum ASA 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

Similar Organizations

BGP Inc., China National Petroleum Corporation

CN
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 1 month ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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