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 26 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Transocean's reported carbon emissions
As of the latest available data, Transocean's carbon emissions for 2021 totalled approximately 891,951,000 kg CO2e, with the majority of these emissions classified under Scope 1 at about 889,663,000 kg CO2e and Scope 2 at approximately 2,288,000 kg CO2e. In 2020, the company reported total emissions of about 1,079,691,000 kg CO2e, which included approximately 1,076,410,000 kg CO2e from Scope 1 and about 3,281,000 kg CO2e from Scope 2. Transocean's emissions have fluctuated over the years, with a notable increase in 2018, where total emissions reached approximately 1,419,000 kg CO2e. However, the company has made strides in reducing its emissions, achieving a decrease from 1,079,691,000 kg CO2e in 2020 to 891,951,000 kg CO2e in 2021. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by Transocean. The company operates within the global offshore drilling industry, which is under increasing scrutiny for its environmental impact, making it essential for Transocean to enhance its climate commitments moving forward.
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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 committed to any reduction initiatives 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.
