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OrganisationsTransocean
Transocean logo

Transocean

Business ServicesSwitzerlandLSE: 0QOW.L
Last verified 17 days agodeepwater.com

Transocean Ltd., a prominent player in the other business services sector, is headquartered in Switzerland (CH) and operates extensively in key regions including the North Sea, Gulf of Mexico, and offshore Brazil. Founded in 1953, Transocean has established itself as a leader in offshore drilling services, particularly in deepwater and ultra-deepwater environments.

The company offers a range of specialised services, including drilling management and engineering, which are distinguished by their commitment to safety and operational efficiency. Transocean's advanced fleet of drilling rigs and innovative technologies position it favourably in a competitive market, enabling it to meet the evolving needs of its clients in the energy sector. With a strong track record of achievements, Transocean continues to be a vital contributor to the global energy landscape.

34
DitchCarbon score

+2 vs industry average

Transocean’s score of 34 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Business Services has below-average carbon intensity

Industry performance

0.078
20192025

The Business Services industry has increased its overall emissions by 24% since 2019

Emissions trajectory 2020 – 2027

0.0B0.0B000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Transocean's reported carbon emissions

Transocean, headquartered in CH and operating in other business services (74), has reported its carbon emissions for recent years. In 2024, the company's total reported emissions were approximately 1.02 billion kg CO2e. This figure comprises approximately 89.2 million kg CO2e from Scope 1, about 1.85 million kg CO2e from Scope 2, and roughly 930.1 million kg CO2e from Scope 3 emissions. For 2023, Transocean's total emissions were approximately 996.5 million kg CO2e. This included approximately 124.5 million kg CO2e for Scope 1, about 1.91 million kg CO2e for Scope 2, and approximately 870.1 million kg CO2e for Scope 3. In 2022, Transocean reported Scope 2 emissions of approximately 2.07 million kg CO2e and Scope 3 business travel emissions of about 24.2 million kg CO2e. In 2021, Scope 2 emissions were approximately 2.29 million kg CO2e and Scope 3 business travel emissions were around 15.3 million kg CO2e. Prior to 2022, Transocean's reporting became less comprehensive. In 2020, total emissions were approximately 1.18 billion kg CO2e, with Scope 1 accounting for about 1.14 billion kg CO2e and Scope 2 for approximately 3.28 million kg CO2e. Scope 3 business travel emissions were around 22.3 million kg CO2e. In 2019, total emissions were approximately 1.18 billion kg CO2e, consisting of approximately 1.14 billion kg CO2e from Scope 1 and about 3.17 million kg CO2e from Scope 2. Scope 3 business travel emissions were approximately 32.9 million kg CO2e. For 2018, Transocean reported Scope 1 emissions of approximately 1.42 billion kg CO2e. In 2017, Scope 1 emissions were reported as approximately 966 million kg CO2e, and in 2016, Scope 1 emissions were approximately 931 million kg CO2e. Transocean has not publicly disclosed specific reduction targets or commitments to initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge within the provided data.

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Transocean’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Transocean yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Transocean logoTransocean
CHBusiness Services
17 days ago
34
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USSupport Activities for Oil and Gas Operations
17 days ago
81
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Subsea 7 logoSubsea 7
GBOther Services
27 days ago
63
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Valaris logoValaris
GBCrude Oil Extraction
27 days ago
57
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P
Pride International Inc.
USCrude Oil Extraction
27 days ago
48
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Odfjell Drilling logoOdfjell Drilling
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37
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Technipfmc logoTechnipfmc
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14 days ago
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