Tidewater Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020

In its 2023 reporting, Tidewater Inc. disclosed greenhouse gas emissions of 1.1M t CO2e (Scope 1). By scope: Scope 1: 1.1M t CO2e; Scope 2: 4.5K t CO2e (location and market based combined). 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
1.1M t CO2e (Scope 1)
2023
⚙️
Energy Use
15.0M GJ
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.1M t CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.4.5K t CO2e (location and market based combined)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20231.1M t CO2e (Scope 1)
2022848.9K tCO2e
2021576.8K tCO2e/year
2020722.7K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • 50-60% reduction of well-to-wake CO2-e intensity from operations by 2030

🌱 ESG Focus Areas

Climate ChangeBiodiversitySupply ChainHealth and SafetyEmployee Well-beingHuman RightsDiversity, Equity and InclusionAnti-corruption and EthicsData Privacy and Cybersecurity

⚠️ Challenges & Risks +

  • Reducing carbon emissions in line with IMO targets and Paris Agreement
  • Managing accidental spills and their environmental impact
  • Minimizing impacts on marine ecosystems
  • Effectively managing waste generated from operations
  • Ensuring responsible ship recycling
  • Maintaining a safe working environment in challenging offshore conditions
  • Addressing cybersecurity risks and threats

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (2021), SASB Marine Transportation Standard (2018), TCFD