PGS ASA and its subsidiaries

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019, 2017, 2015, 2013

In its 2023 reporting, PGS ASA and its subsidiaries disclosed greenhouse gas emissions of 398 kTonnes CO2e. By scope: Scope 1: 330 kTonnes CO2e; Scope 2: 5 kTonnes CO2e (offices) + 4 kTonnes CO2e (data processing); Scope 3: 67 kTonnes CO2e. 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
398 kTonnes CO2e
2023
♻️
Waste
696.1 tonnes (vessels); 71.7 tonnes (offices)
2023
⚙️
Energy Use
1.2K GWh
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).330 kTonnes CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.5 kTonnes CO2e (offices) + 4 kTonnes CO2e (data processing)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).67 kTonnes CO2e

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
2023398 kTonnes CO2e
2022355 kT CO2e
2021317 kT CO2e
2019422 kT CO2e/year
2017409 kT CO2/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

🔜 Short-term

  • Reduce energy consumption through three initiatives: reduce drag from seismic equipment, increase operational efficiency, and enhance energy efficiency.

📅 Medium-term

  • 50% reduction in relative CO2 emissions by 2030.
  • Achieve 75% reduction in emissions from maritime operations.

🔭 Long-term

  • Net-zero emissions by 2050.
  • 100% renewable energy use onshore.

🌱 ESG Focus Areas

Climate Change and Energy TransitionFuture WorkforceBusiness Ethics and IntegrityRespecting the Rights of PeopleBiodiversity and NatureHealth, Safety and Security

⚠️ Challenges & Risks +

  • Unexpected vessel scheduling and operational challenges.
  • Lower than expected MultiClient late sales.
  • Cost inflation.
  • Delay of client permits causing project delays.

📋 Report Information

Reporting Period: 2023
Frameworks: CSRD, TCFD, GRI, OECD