Public Profile

Tgs

TGS, or TGS-NOPEC Geophysical Company ASA, is a leading provider of geoscience data and services, headquartered in Norway. Established in 1981, TGS has grown to become a key player in the energy sector, particularly in the oil and gas industry, with significant operations across Europe, North America, and Asia. The company specialises in the acquisition, processing, and interpretation of geophysical data, offering unique products such as seismic surveys and geological data solutions. TGS is renowned for its innovative approach, leveraging advanced technology to deliver high-quality data that supports exploration and production activities. With a strong market position, TGS has achieved notable milestones, including extensive data libraries and strategic partnerships that enhance its service offerings. The company continues to set industry standards, making it a trusted partner for energy companies worldwide.

DitchCarbon Score

How does Tgs'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.

36

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.

21

Industry Benchmark

Tgs's score of 36 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

Tgs's reported carbon emissions

In 2023, TGS reported significant carbon emissions, totalling approximately 290,502,000 kg CO2e, with emissions distributed across various scopes: 76,102,000 kg CO2e from Scope 1, 9,738,000 kg CO2e from Scope 2, and the remainder from Scope 3. This marked an increase in emissions compared to previous years, reflecting the company's operational scale and activities. In 2022, TGS's emissions were approximately 119,870,000 kg CO2e, with Scope 1 contributing 330 kg CO2e and Scope 2 accounting for 9,776,000 kg CO2e. The total emissions for 2021 were about 112,151,600 kg CO2e, with Scope 1 at 67,000 kg CO2e and Scope 2 at 11,113,000 kg CO2e. The company also reported Scope 3 emissions of approximately 133,488,000 kg CO2e for that year. Despite the increasing trend in emissions, TGS has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose its emissions data, which is crucial for transparency and accountability in its climate commitments. TGS operates in a sector where emissions are closely monitored, and the company’s emissions data reflects its ongoing efforts to understand and manage its carbon footprint.

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20192020202120222023
Scope 1
20,000
000,000
00,000
000
00,000,000
Scope 2
21,000,000
00,000,000
00,000,000
0,000,000
0,000,000
Scope 3
-
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. Tgs's primary industry is Other services (93), which is low 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. Tgs is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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.

Tgs is not committed to any reduction initiatives 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

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DitchCarbon Score

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