Reach Subsea Sustainability Profile
Reach Subsea AS, headquartered in Norway, is a leading player in the subsea services industry, specialising in underwater operations and engineering solutions. Founded in 2011, the company has rapidly established itself in key operational regions, including the North Sea and other offshore markets. With a focus on providing advanced subsea technology and services, Reach Subsea offers a range of core products, including remotely operated vehicles (ROVs) and survey solutions. Their commitment to innovation and efficiency sets them apart in a competitive landscape. Recognised for their expertise, Reach Subsea has achieved significant milestones, positioning themselves as a trusted partner for clients in the oil and gas, renewable energy, and marine sectors. Their dedication to safety and sustainability further enhances their reputation in the industry.
DitchCarbon Score
How does Reach Subsea'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 Other 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
Reach Subsea's score of 47 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Reach Subsea's reported carbon emissions
In 2024, Reach Subsea, headquartered in Norway, reported total carbon emissions of approximately 46,768,000 kg CO2e for Scope 1 and about 15,580 kg CO2e for Scope 2. This marks a reduction from 2023, where emissions were approximately 59,715,000 kg CO2e for Scope 1, 16,910 kg CO2e for Scope 2, and 656,000 kg CO2e for Scope 3, which included business travel. The company has shown a commitment to reducing its carbon footprint, although no specific reduction targets or initiatives have been documented. The emissions data is not cascaded from any parent organization, indicating that Reach Subsea is independently reporting its emissions. Over the past few years, Reach Subsea has demonstrated a trend of decreasing Scope 1 emissions, from approximately 59,715,000 kg CO2e in 2023 to 46,768,000 kg CO2e in 2024. This reflects a proactive approach to managing and mitigating their environmental impact. Overall, while Reach Subsea has made strides in reducing its emissions, further commitments and specific reduction targets would enhance its climate strategy and align with industry standards for sustainability.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 39,992,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | 0,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - | - | 000,000 | - |
How Carbon Intensive is Reach Subsea's Industry?
How Carbon Intensive is Reach Subsea's Location?
Reach Subsea's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Reach Subsea's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Reach Subsea has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
