- A spillage of <1m³ during sludge disposal involving a contractor.
- Lower than desired employee retention rate (87.2%).
- Low gender diversity (12%).
- Failure to reach Group Training Compliance target of >75% in 2023.
Geoquip Marine
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Geoquip Marine disclosed greenhouse gas emissions of 29.9K tCO2e (Scope 1 & 2 combined). By scope: Scope 1: 24.6K tCO2e; Scope 2: 5.3K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
29.9K tCO2e (Scope 1 & 2 combined)
2023
Renewable Energy
100% in Bristol Office
of total energy
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 24.6K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.3K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced carbon emissions by 12.3% across the fleet.
- Power upgrade to Dina Polaris, removing two diesel generators and powering the deck rig from the ship's supply (projected 60 metric tons of CO2 saved per month).
- Updated Environmental Policy Statement to include sustainability measures and targets.
- Pilot study of a new water filtration system onboard Geoquip Seehorn to reduce plastic bottle use.
- Corporate membership with Marine Mammal Observer Association (MMOA).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve >90% employee retention in 2024.
- Achieve >90% Group Training Compliance by end of 2024.
- Reduce vessel emissions by 10% annually.
📅 Medium-term
- Taiwan and US Offices to reach Net Zero by 2025-2030, followed by UK, Swiss, Cornish Offices and Bristol Laboratory.
- Invest in initiatives to make fleet more sustainable (2030-2035).
🔭 Long-term
- Net Zero emissions by 2040.
🌱 ESG Focus Areas
Climate ChangeBiodiversityWaste ManagementHealth and SafetyEmployee Well-beingEthical Supply ChainCorporate Governance