Sbm Offshore Sustainability Profile
Sbm Offshore, a leading player in the offshore energy sector, is headquartered in the Netherlands (NL) and operates extensively in regions such as West Africa, Brazil, and the North Sea. Founded in 2005, the company has established itself as a pioneer in providing floating production solutions, including Floating Production Storage and Offloading (FPSO) units, which are renowned for their innovative design and efficiency. With a strong focus on sustainability and technological advancement, Sbm Offshore has achieved significant milestones, including numerous successful project completions and partnerships with major oil and gas companies. The firm’s commitment to safety and environmental stewardship further solidifies its position as a trusted leader in the industry, making it a preferred choice for offshore energy solutions worldwide.
DitchCarbon Score
How does Sbm Offshore'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 Gas/Diesel Oil 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
Sbm Offshore's score of 56 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sbm Offshore's reported carbon emissions
In 2024, SBM Offshore reported total carbon emissions of approximately 7,175,763,000 kg CO2e globally, with Scope 1 emissions at about 169,000 kg CO2e and Scope 2 emissions at approximately 2,061,000 kg CO2e (location-based). Notably, Scope 3 emissions accounted for the vast majority, approximately 7,174,754,000 kg CO2e, primarily from downstream leased assets. For the US operations in 2024, the company recorded Scope 1 emissions of about 31,000 kg CO2e and Scope 2 emissions of approximately 110,000 kg CO2e, totalling around 141,000 kg CO2e for both scopes combined. SBM Offshore has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. Specifically, the company targets net-zero emissions for Scope 1 and 2 by 2030, while also working towards net-zero emissions from downstream leased assets (Scope 3) by 2030. Additionally, they aim for 100% renewable energy sourcing by 2030 to offset any residual emissions from Scope 1 and 2. These commitments reflect SBM Offshore's proactive approach to addressing climate change and reducing its carbon footprint in the offshore energy sector.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,155,438,000 | 0,000,000,000 | 0,000,000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 | 00,000 | 00,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 3,986,000 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | - | - | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 00,000,000 | 00,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Sbm Offshore's Scope 3 Categories Breakdown
Sbm Offshore's Scope 3 emissions, which increased by 21% last year and decreased by approximately 15% since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 96% of Scope 3 emissions.
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Sbm Offshore'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.
Sbm Offshore 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.
