Tgs

TGS, headquartered in Norway and operating within the "Other services (93)" industry, is committed to significant emissions reductions.

For the year 2024, TGS reported total emissions of approximately 469.2 million kg CO2e. This includes Scope 1 emissions of about 256.3 million kg CO2e, Scope 2 emissions (market-based) of approximately 10.9 million kg CO2e, and Scope 3 emissions totalling around 201.9 million kg CO2e. Key contributors to Scope 3 emissions in 2024 were upstream transportation and distribution (approximately 127.0 million kg CO2e) and fuel and energy-related activities (approximately 59.9 million kg CO2e).

In 2023, TGS's total emissions were approximately 396.4 million kg CO2e, comprising Scope 1 emissions of about 76.1 million kg CO2e, Scope 2 emissions of approximately 9.7 million kg CO2e, and Scope 3 emissions of approximately 290.5 million kg CO2e, predominantly from upstream transportation and distribution.

TGS has set an ambition to achieve net zero in its Scope 1 and Scope 2 emissions by 2030, a target established in 2021. Furthermore, TGS had a short-term CO2e target for Scope 1 and 2 emissions to remain below 2020 baseline levels of 12,355 metric tons CO2e. In 2021, Scope 1 and 2 combined emissions were reported at 11,208.91 metric tons CO2e, representing a 10% decrease from the baseline. The company also has a long-term target for Net Zero CO2e emissions by 2030.