Tgs
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 55 is higher than 76% 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 2023, TGS reported total carbon emissions of approximately 290,502,000 kg CO2e, with emissions distributed across various scopes: 76,102,000 kg CO2e from Scope 1, 9,738,000 kg CO2e from Scope 2, and 290,502,000 kg CO2e from Scope 3. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes. 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 in 2023 and the anticipated acquisition of PGS in 2024. The company is actively working towards these targets, demonstrating a proactive stance in addressing its carbon footprint. The emissions data for previous years shows a trend of increasing Scope 3 emissions, with 119,870,000 kg CO2e in 2022 and 133,488,000 kg CO2e in 2021, while Scope 2 emissions have remained relatively stable, around 9,738,000 kg CO2e in 2023 and 9,776,000 kg CO2e in 2022. Notably, TGS did not report Scope 1 emissions for 2022 and 2021, indicating a focus on improving data transparency and completeness in recent years. TGS's climate strategy is supported by its parent company, TGS ASA, which provides oversight and guidance on sustainability initiatives. The company's commitment to reducing its carbon emissions aligns with industry standards and reflects a growing recognition of the importance of corporate responsibility in combating climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 20,000 | - | - | - | 00,000,000 | 000,000,000 |
| Scope 2 | 21,000,000 | 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 |
Industry emissions intensity
Location emissions intensity
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.
Tgs 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.
