Tidewater
Tidewater Inc., commonly referred to as Tidewater, is a leading provider of marine support services headquartered in the United States. Established in 1956, the company has built a strong reputation in the offshore energy sector, primarily operating in regions such as the Gulf of Mexico, West Africa, and the North Sea. Specialising in the provision of vessels and marine logistics, Tidewater offers a diverse fleet that includes platform supply vessels and anchor handling tug supply vessels, distinguished by their advanced technology and operational efficiency. The company has achieved significant milestones, including a robust market position as one of the largest operators in its field, catering to the needs of oil and gas companies worldwide. With a commitment to safety and sustainability, Tidewater continues to set industry standards while adapting to the evolving demands of the offshore energy market.
DitchCarbon Score
How does Tidewater'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 Maritime Transport 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
Tidewater's score of 19 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tidewater's reported carbon emissions
In 2023, Tidewater's total carbon emissions amounted to approximately 1,077,433,600 kg CO2e, with Scope 1 emissions contributing about 1,074,336,000 kg CO2e and Scope 2 emissions at approximately 3,364,000 kg CO2e (market-based). This represents a significant increase from 2022, where emissions were about 860,559,000 kg CO2e, with Scope 1 emissions at approximately 860,559,000 kg CO2e and Scope 2 emissions around 2,779,000 kg CO2e (market-based). Tidewater has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company has not set specific reduction targets or initiatives, as evidenced by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). Overall, Tidewater's emissions data reflects its operational impact, and while there are no current reduction commitments, the company may benefit from establishing clear climate goals to align with industry standards and expectations.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 721,478,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 1,595,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
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.
Tidewater is participating in some 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.
