Transocean
Transocean Ltd., a leading offshore drilling contractor, is headquartered in Switzerland (CH) and operates primarily in deepwater and ultra-deepwater regions globally. Founded in 1953, the company has established itself as a key player in the oil and gas industry, focusing on high-specification drilling rigs and innovative technologies. Transocean's core services include the operation of advanced drilling rigs, catering to the needs of major oil companies. Its commitment to safety and efficiency sets it apart in a competitive market. With a strong portfolio of assets and a reputation for reliability, Transocean has achieved significant milestones, including numerous industry awards for operational excellence. As a prominent entity in the offshore drilling sector, Transocean continues to shape the future of energy exploration.
DitchCarbon Score
How does Transocean'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 Business 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.
Industry Benchmark
Transocean's score of 16 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Transocean's reported carbon emissions
In 2021, Transocean reported total carbon emissions of approximately 891,951,000 kg CO2e, with Scope 1 emissions accounting for about 889,663,000 kg CO2e and Scope 2 emissions at approximately 2,288,000 kg CO2e. This marked a significant decrease from 2020, when total emissions were about 1,079,691,000 kg CO2e, with Scope 1 emissions at approximately 1,076,410,000 kg CO2e and Scope 2 emissions at about 3,281,000 kg CO2e. Transocean's emissions data does not include Scope 3 emissions, which were reported in 2019 at approximately 32,966,000 kg CO2e for business travel. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formalised commitments to reduce emissions at this time. The emissions data is sourced directly from Transocean Ltd. and reflects their operational impact on climate change. As the company continues to navigate its environmental responsibilities, further commitments and initiatives may be anticipated in the future.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 2,762,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | 3,172,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 32,966,000 | - | - |
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.
Transocean is not participating in any 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.
