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.
+28 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.
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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 37% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Tgs's reported carbon emissions
TGS, an "Other services" company headquartered in Norway, reported a total of approximately 469.2 million kg CO2e for the year 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 256.3 million kg CO2e, Scope 2 emissions (market-based) were approximately 10.9 million kg CO2e, and Scope 3 emissions totalled around 201.9 million kg CO2e.
In 2023, TGS reported total emissions of approximately 396.4 million kg CO2e, with Scope 1 emissions at about 76.1 million kg CO2e, Scope 2 emissions at roughly 9.7 million kg CO2e, and Scope 3 emissions at approximately 290.5 million kg CO2e.
TGS has set ambitious climate commitments. The company aims to be net-zero in its Scope 1 emissions by 2030. Additionally, TGS has an ambition to achieve net-zero in its Scope 2 emissions by 2030. For Scope 1 and 2 emissions combined, TGS had a short-term target to remain below 2020 baseline levels of 12,355 tonnes CO2e, and a long-term target of Net Zero CO2e emissions by 2030. In 2021, combined Scope 1 and 2 emissions were reported as 11,208.91 tonnes CO2e, representing a 10% decrease from the 2020 baseline.
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Tgs’s Climate Goals (2030 & 2050)
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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Scope 3 top emissions 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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