Subsea 7
Subsea 7, a leading global contractor in the offshore energy sector, 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. Specialising in subsea engineering, construction, and services, Subsea 7 is renowned for its innovative solutions that enhance the efficiency and safety of offshore projects. The company offers a diverse range of core services, including subsea installation, inspection, and maintenance, distinguished by its advanced technology and commitment to sustainability. With a robust market position, Subsea 7 has achieved numerous milestones, including significant contracts in renewable energy and oil and gas sectors, solidifying its reputation as a trusted partner in the industry.
DitchCarbon Score
How does Subsea 7'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 Other Services 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
Subsea 7's score of 54 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Subsea 7's reported carbon emissions
In 2024, Subsea 7 reported total carbon emissions of approximately 806,000,000 kg CO2e, with Scope 1 emissions accounting for about 748,000,000 kg CO2e, Scope 2 emissions at approximately 1,480,000 kg CO2e (market-based), and Scope 3 emissions from business travel at around 56,000,000 kg CO2e. This marks a significant increase from 2023, where total emissions were about 597,370,000 kg CO2e, with Scope 1 at approximately 656,624,000 kg CO2e, Scope 2 at about 2,317,000 kg CO2e, and Scope 3 at around 49,552,000 kg CO2e. Subsea 7 has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and 2 emissions by 2035, using 2018 as a baseline. Additionally, the company is committed to achieving Net Zero emissions for Scope 1 and 2 by 2050. Notably, a successful trial of biofuels on the vessel Seven Oceanic resulted in an estimated CO2 saving of around 30%, contributing to their near-term reduction targets. The emissions data is sourced directly from Subsea 7 S.A., with no cascaded data from parent or related organizations. The company actively discloses its emissions across all relevant scopes, demonstrating transparency in its sustainability efforts.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 643,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 6,950,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 22,700,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Subsea 7 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.
