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TGS, headquartered in Norway, is a prominent player in the Other Services industry, specifically focusing on geoscience data and solutions. Founded in 1981, the company has established itself as a leader in providing high-quality seismic data and subsurface information, catering to clients in the energy sector and beyond.
With a strong operational presence across Europe, North America, and Asia, TGS offers a unique portfolio of products, including multi-client seismic surveys and data processing services. Their commitment to innovation and data integrity has positioned them as a trusted partner in the exploration and production landscape. Notable achievements include significant advancements in data acquisition technology, which have enhanced their market position and service offerings.
+29 vs industry average
Tgs’s score of 53 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Other Services has below-average carbon intensity
The Other Services industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
Tgs, based in Norway and operating in 'Other services (93)', reported total emissions of approximately 469.17 million kg CO2e in 2024. This figure includes about 256.33 million kg CO2e from Scope 1, 10.93 million kg CO2e from Scope 2 (market-based), and 201.92 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions were upstream transportation and distribution, approximately 126.95 million kg CO2e, and fuel and energy related activities, approximately 59.91 million kg CO2e.
Looking back, Tgs's total emissions in 2023 were approximately 378.10 million kg CO2e, comprising about 76.10 million kg CO2e from Scope 1, 9.74 million kg CO2e from Scope 2, and 292.26 million kg CO2e from Scope 3.
Tgs has set ambitious climate commitments, aiming for net-zero Scope 1 and Scope 2 emissions by 2030. These targets were established in 2021. The company has also set a short-term target to keep Scope 1 and Scope 2 emissions below the 2020 baseline level of 12.355 million kg CO2e. In 2021, combined Scope 1 and 2 emissions were approximately 11.21 million kg CO2e, representing a 10% decrease from the previous year. All emissions and reduction target data are directly from Tgs.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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