Public Profile

Siem Offshore

Siem Offshore Inc., headquartered in Norway, is a prominent player in the offshore support vessel industry. Founded in 2005, the company has established a strong presence in key operational regions, including the North Sea, Brazil, and West Africa. Siem Offshore is renowned for its diverse fleet of advanced vessels, specialising in offshore oil and gas support, subsea operations, and renewable energy projects. With a commitment to innovation and sustainability, Siem Offshore offers unique services such as dynamic positioning and integrated marine solutions, setting it apart from competitors. The company has achieved notable milestones, including successful partnerships with major energy firms, reinforcing its market position as a reliable service provider. Siem Offshore continues to lead in the offshore sector, driven by a focus on safety, efficiency, and environmental responsibility.

DitchCarbon Score

How does Siem 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.

19

Industry Average

Mean score of companies in the Hazardous Waste Incineration 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.

4

Industry Benchmark

Siem Offshore's score of 19 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

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Siem Offshore's reported carbon emissions

In 2023, Siem Offshore reported total carbon emissions of approximately 270,561,000 kg CO2e. This figure includes 96,000 kg CO2e from Scope 2 emissions, primarily related to energy consumption, and significant Scope 3 emissions amounting to about 265,465,000 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from fuel and energy-related activities (approximately 252,438,000 kg CO2e), purchased goods and services (about 10,557,000 kg CO2e), and business travel (approximately 5,005,000 kg CO2e). Comparatively, in 2022, the total emissions were around 264,965,000 kg CO2e, with Scope 2 emissions at 109,000 kg CO2e and Scope 3 emissions contributing significantly as well. This indicates a slight increase in total emissions from 2022 to 2023. Siem Offshore has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. However, the company continues to monitor and report its emissions, reflecting a commitment to transparency in its environmental impact. The absence of defined reduction targets suggests a potential area for future development in their climate strategy.

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20222023
Scope 1
-
-
Scope 2
109,000
00,000
Scope 3
6,109,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Siem Offshore's primary industry is Oil/hazardous waste for treatment: incineration, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Siem Offshore is in NO, which has a very low grid carbon intensity relative to other regions.

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.

Siem Offshore 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers