Tgs Sustainability Profile
TGS, or TGS-NOPEC Geophysical Company ASA, is a leading provider of geoscience data and services, headquartered in Norway. Established in 1981, TGS has grown to become a key player in the energy sector, particularly in the oil and gas industry, with significant operations across Europe, North America, and Asia. The company specialises in the acquisition, processing, and interpretation of geophysical data, offering unique products such as seismic surveys and geological data solutions. TGS is renowned for its innovative approach, leveraging advanced technology to deliver high-quality data that supports exploration and production activities. With a strong market position, TGS has achieved notable milestones, including extensive data libraries and strategic partnerships that enhance its service offerings. The company continues to set industry standards, making it a trusted partner for energy companies worldwide.
DitchCarbon Score
How does Tgs'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
Tgs's score of 65 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tgs's reported carbon emissions
In 2024, TGS reported total global emissions of approximately 469,170,000 kg CO2e, which includes 256,330,000 kg CO2e from Scope 1, 10,925,000 kg CO2e from Scope 2 (market-based), and 201,920,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net zero emissions in both Scope 1 and Scope 2 by 2030. This commitment was established in 2021, prior to the acquisition of Magseis Fairfield and the anticipated acquisition of PGS. Regionally, TGS's Scope 2 emissions for 2024 include 10,250,000 kg CO2e in the US, 1,000,000 kg CO2e in Australia, Brazil, Canada, and the UK, and 1,000,000 kg CO2e in Norway. The company has also achieved a 10% reduction in combined Scope 1 and 2 emissions from a baseline of 12,355 metric tons CO2e established in 2020, with reported emissions of 11,208.91 metric tons CO2e in 2021. TGS's emissions data is not cascaded from any parent organization, and all figures are reported directly from TGS ASA. The company continues to focus on reducing its carbon footprint while maintaining transparency in its sustainability efforts.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 719,000,000 | 000,000,000 | - | - | - | 00,000,000 | 000,000,000 |
| Scope 2 | 10,770,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Tgs's Industry?
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Tgs's Scope 3 Categories Breakdown
Tgs's Scope 3 emissions, which decreased by 30% last year and increased by approximately 37% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 43% of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 63% of Scope 3 emissions.
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Tgs'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.
Tgs 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.
