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.
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.
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.
Tidewater's score of 19 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Tidewater reported total carbon emissions of approximately 1,074,336,000 kg CO2e for Scope 1 and about 3,364,000 kg CO2e for Scope 2 (market-based). This marks a significant increase in emissions compared to 2022, where Scope 1 emissions were about 860,559,000 kg CO2e and Scope 2 emissions were approximately 2,779,000 kg CO2e (market-based). Tidewater's emissions data does not include Scope 3 emissions, which are often a critical component of a company's overall carbon footprint. The company has not set specific reduction targets or initiatives as part of its climate commitments, and there are no reported SBTi (Science Based Targets initiative) reduction targets. The emissions data is sourced directly from Tidewater Inc. and is not cascaded from any parent or related organization. As a company headquartered in the US, Tidewater is positioned within an industry that is increasingly scrutinised for its environmental impact, highlighting the importance of transparent reporting and commitment to sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 402,043,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
Scope 2 | 88,420,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | - | - | - |
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.