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.
+27 vs industry average
Tgs’s score of 52 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Other Services has below-average carbon intensity
Industry performance
The Other Services industry has reduced its overall emissions by 5% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Tgs's reported carbon emissions
In 2024, TGS reported total carbon emissions of approximately 469.2 million kg CO2e, comprising 256.3 million kg CO2e from Scope 1, 10.9 million kg CO2e from Scope 2, and 201.9 million kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, including significant contributions from upstream transportation and distribution activities. TGS 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. Additionally, TGS has a short-term target to keep combined Scope 1 and 2 emissions below the baseline level of 12,355 metric tons CO2e established in 2020, with a reported reduction of 10% in 2021. The company’s emissions data is sourced directly from TGS ASA, ensuring accuracy and transparency in their climate reporting. TGS's proactive stance on climate action positions it as a responsible player in the industry, committed to reducing its carbon footprint and contributing to global sustainability efforts.
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Tgs’s Climate Goals (2030 & 2050)
3 goals2030
10% reduction in all scopes
Scope 1 and 2 short-term CO₂e target: remain below the baseline levels established in 2020 (12,355 mt CO2e) Combined Scope 1 and 2 emissions…
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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Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Tgs
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