Subsea 7, a leading global provider of subsea engineering and construction services, is headquartered in the United Kingdom. Founded in 2002, the company has established a strong presence in key operational regions, including Europe, Africa, and the Americas. Operating within the "Other services (93)" industry, Subsea 7 focuses on delivering innovative solutions for the offshore energy sector, particularly in subsea installation, inspection, and maintenance.
The company is renowned for its advanced technologies and integrated project management capabilities, which set it apart in a competitive market. Notable achievements include significant contributions to major offshore projects, reinforcing its position as a trusted partner in the energy transition. With a commitment to sustainability and safety, Subsea 7 continues to lead the way in subsea services, adapting to the evolving needs of the industry.
+39 vs industry average
Subsea 7’s score of 64 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Other Services has below-average carbon intensity
Industry performance
The Other Services industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Subsea 7's reported carbon emissions
Subsea 7, headquartered in Great Britain and operating in the "Other services (93)" industry, has reported its carbon emissions for several years. For the reporting year 2025, the company's total reported emissions were approximately 780,500,000 kg CO2e. This figure includes Scope 1 emissions of about 72,500,000 kg CO2e, Scope 2 emissions of approximately 538,000 kg CO2e (location-based), and Scope 3 emissions of about 55,400,000 kg CO2e, with business travel being a notable contributor within Scope 3.
In 2024, Subsea 7's total emissions were approximately 806,000,000 kg CO2e. This comprised around 74,800,000 kg CO2e for Scope 1, approximately 4,440,000 kg CO2e for Scope 2 (location-based), and about 56,000,000 kg CO2e for Scope 3, with business travel accounting for this entire Scope 3 figure.
Looking at prior years, total emissions in 2023 were approximately 710,000,000 kg CO2e (calculated as Scope 1: 656,624,000 kg CO2e + Scope 2: 2,317,000 kg CO2e + Scope 3: 49,552,000 kg CO2e). For 2022, total emissions were approximately 666,900,000 kg CO2e (calculated as Scope 1: 617,309,000 kg CO2e + Scope 2: 1,794,000 kg CO2e + Scope 3: 47,886,000 kg CO2e). In 2021, total emissions were approximately 689,000,000 kg CO2e (calculated as Scope 1: 657,987,000 kg CO2e + Scope 2: 2,168,000 kg CO2e + Scope 3: 29,469,000 kg CO2e). Emissions in 2020 totalled approximately 450,000,000 kg CO2e (calculated as Scope 1: 420,564,000 kg CO2e + Scope 2: 2,974,000 kg CO2e + Scope 3: 27,579,000 kg CO2e). For 2019, total emissions were approximately 463,000,000 kg CO2e (calculated as Scope 1: 432,733,000 kg CO2e + Scope 2: 5,877,000 kg CO2e + Scope 3: 26,870,000 kg CO2e). In 2018, the company reported total emissions of approximately 673,000,000 kg CO2e, including Scope 1 emissions of about 643,000,000 kg CO2e, Scope 2 emissions of approximately 6,950,000 kg CO2e, and Scope 3 emissions of about 22,700,000 kg CO2e.
Subsea 7 has established significant climate commitments. The company targets a 50% reduction in Scope 1 and 2 greenhouse gas emissions by 2035, using a 2018 baseline. Furthermore, Subsea 7 aims to achieve Net Zero Scope 1 and 2 greenhouse gas emissions by 2050. Recent initiatives include trials of biofuels on vessels, which have demonstrated estimated CO2 savings of around 30% in Scope 1 and 2 emissions.
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Subsea 7’s Climate Goals (2030 & 2050)
6 goals2035
50% reduction in Scope 2
50% reduction of Scope 1 and 2 GHG emissions by 2035 compared to a 2018 base year baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Subsea 7
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