Société Phocéenne de Participation (SPP)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Société Phocéenne de Participation (SPP) disclosed greenhouse gas emissions of 727.3K tCO2e. By scope: Scope 1: 38.7K tCO2e; Scope 2: 301 tCO2e; Scope 3: 418.8K 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
727.3K tCO2e
2023
💧
Water Usage
174.1K m3
2023
♻️
Waste
5.6K m3
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).38.7K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.301 tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).418.8K tCO2e

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce greenhouse gas emissions by 25% by 2035

📅 Medium-term

  • Market leader in floating wind installation and maintenance by 2035-2045

🔭 Long-term

  • Contribution to net zero by 2050

🌱 ESG Focus Areas

Climate ChangeHealth, Safety, and Well-beingEthical Governance and IntegrityHuman DevelopmentResponsible Supply Chain Management

⚠️ Challenges & Risks +

  • Aging global fleet and tight new-build market
  • Climate change leading to significant operational risks
  • Increasing regulatory requirements for emission reduction
  • Potential climate risks to business planning and long-term resilience
  • Risks related to third-party relationships in high-risk countries
  • Non-compliance with laws and regulations
  • Data leaks
  • Security incidents
  • Cyber incidents
  • Liability of the parent company for affiliates

📋 Report Information

Reporting Period: 2023
Frameworks: ESRS, SASB (Oil&GasServices)
Assurance: KPMG