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 28 is higher than 72% 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
As of 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. In 2020, the company had total emissions of about 1,079,691,000 kg CO2e, with Scope 1 emissions being approximately 1,076,410,000 kg CO2e and Scope 2 emissions around 3,281,000 kg CO2e. Transocean's emissions have fluctuated over the years, with a notable increase in 2018, where total emissions peaked at approximately 1,419,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint, nor has it committed to any science-based targets as per the available data. The absence of emissions data for 2022 suggests a potential gap in reporting or a shift in their climate strategy. Overall, Transocean's emissions profile reflects the challenges faced by the offshore drilling industry in managing carbon emissions while navigating the transition to more sustainable practices.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | 000,000,000 |
| Scope 2 | 3,172,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 32,966,000 | 00,000,000 | - |
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.
