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Fugro NV

Common Name
Fugro
Country
Netherlands
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
11,000
Ticker
FUR
Exchange
EURONEXT
Description
Fugro N.V. is a leading provider of Geo-data solutions, specializing in the collection, analysis, and interpretation of earth and engineering data. Founded in 1962, the company operates with a global ...

Fugro's GHG Emissions Data Preview

In 2024, Fugro completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Fugro has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Fugro’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Fugro’s data sources below and access millions more through our Disclosure Search.

a. Fugro's Annual Report 2024
a. Fugro's Annual Report 2024

Insights into Fugro's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofFugro amounted to223,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Fugroincreased by 0.45%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Fugro's Scope 1 Emissions Over Time

202220232024055 k110 k165 k220 ktCO2e0%0%
  • Total Scope 1
  • Year-over-Year Change

What are Fugro's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Fugro were 210,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Fugro reduced its Scope 1 emissions over time?

Since 2022, Fugro's Scope 1 emissions have remained relatively, stable, indicating that Fugro's emissions have plateaued with no significant change in its operational footprint.a

Compared to the previous year(2023), Fugro's Scope 1 emissions remained relatively stable, indicating that Fugro's emissions have plateaued with no significant change in its operational footprint.a

What are Fugro's Scope 2 emissions?

In 2024, Fugro reported Scope 2 greenhouse gas (GHG) emissions of 9,000 tCOâ‚‚e using the market-based method and 13,000 tCOâ‚‚e using the location-based method.a

Has Fugro reduced its Scope 2 emissions over time?

Since 2022, Fugro's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Fugro's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2023), Fugro's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Fugro's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Fugro use for Scope 2 reporting?

In 2024, Fugro reported its Scope 2 emissions using the market-based method and using the location-based method.a

Fugro's Scope 2 Emissions Over Time

20222023202403.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Fugro's Value Chain Emissions

In 2024, Fugro reported 305,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Fugro includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Fugro's Scope 3 Emissions Over Time

202220232024080 k160 k240 k320 ktCO2e+17%+11%
  • Total Scope 3
  • Year-over-Year Change

What are Fugro's Scope 3 emissions?

In 2024, Fugro reported total Scope 3 emissions of 305,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 99.02%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.98%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Fugro reduced its Scope 3 emissions over time?

Since 2022, Fugro's Scope 3 emissionshave increased by 29.24%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Fugro's Scope 3 emissions increased by 10.51%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Fugro disclose?

In 2024, Fugro reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Fugro's Scope 3 emissions?

In 2024, the largest contributors to Fugro's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 133,000 tCOâ‚‚e(43.61%)
  • Capital Goods (Cat. 2): 56,000 tCOâ‚‚e(18.36%)
  • Fuel- and Energy-Related Services (Cat. 3): 51,000 tCOâ‚‚e(16.72%)

Fugro's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(18.4%)Purchased Goods andServices (Cat. 1)(43.6%)Fuel- andEnergy-RelatedServices (Cat. 3)(16.7%)

Insights into Fugro’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Fugro reported Scope 1 greenhouse gas (GHG) emissions of 210,000 tCOâ‚‚e and total revenues of USD 2,368 millions. This translates into an emissions intensity of 88.69 tCOâ‚‚e per millions USD.a

Fugro's Scope 1 Emissions Intensity Compared to Peers

201,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)1005002,00010,000100,000Revenues (Millions of USD)HVSRCValarisYear: 2024Scope 1: 766,180 tCO2eRevenue: $M 2,363Scope 1 Intensity: 324.30 tCO2e/$MSBM OffshoreYear: 2024Scope 1: 169 tCO2eRevenue: $M 4,092Scope 1 Intensity: 0.04 tCO2e/$MHHHuntingYear: 2024Scope 1: 3,630 tCO2eRevenue: $M 780Scope 1 Intensity: 4.66 tCO2e/$MTidewaterYear: 2024Scope 1: 1,129,008 tCO2eRevenue: $M 1,346Scope 1 Intensity: 838.89 tCO2e/$MYinson Holdings BerhadYear: 2024Scope 1: 43,487 tCO2eRevenue: $M 1,707Scope 1 Intensity: 25.47 tCO2e/$MVVViridienYear: 2024Scope 1: 2,165 tCO2eRevenue: $M 1,040Scope 1 Intensity: 2.08 tCO2e/$MChina Oilfield ServicesYear: 2024Scope 1: 1,110,250 tCO2eRevenue: $M 6,618Scope 1 Intensity: 167.75 tCO2e/$MSubsea 7Year: 2024Scope 1: 748,000 tCO2eRevenue: $M 6,837Scope 1 Intensity: 109.40 tCO2e/$MLiberty EnergyYear: 2024Scope 1: 2,442,979 tCO2eRevenue: $M 4,315Scope 1 Intensity: 566.14 tCO2e/$MWeatherford InternationalYear: 2024Scope 1: 96,816 tCO2eRevenue: $M 5,513Scope 1 Intensity: 17.56 tCO2e/$MBumi ArmadaYear: 2024Scope 1: 80 tCO2eRevenue: $M 514Scope 1 Intensity: 0.16 tCO2e/$MGaztransport et TechnigazYear: 2024Scope 1: 323 tCO2eRevenue: $M 667Scope 1 Intensity: 0.48 tCO2e/$MWorleyYear: 2025Scope 1: 24,485 tCO2eRevenue: $M 7,387Scope 1 Intensity: 3.31 tCO2e/$MBaker HughesYear: 2024Scope 1: 386,367 tCO2eRevenue: $M 27,829Scope 1 Intensity: 13.88 tCO2e/$MExmarYear: 2024Scope 1: 4,073 tCO2eRevenue: $M 297Scope 1 Intensity: 13.70 tCO2e/$MAker SolutionsYear: 2024Scope 1: 11,163 tCO2eRevenue: $M 4,622Scope 1 Intensity: 2.42 tCO2e/$MSSSeatriumYear: 2024Scope 1: 76,013 tCO2eRevenue: $M 6,772Scope 1 Intensity: 11.23 tCO2e/$MMRC GlobalYear: 2024Scope 1: 14,564 tCO2eRevenue: $M 3,011Scope 1 Intensity: 4.84 tCO2e/$MSBOYear: 2023Scope 1: 4,041 tCO2eRevenue: $M 648Scope 1 Intensity: 6.23 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$MHalliburtonYear: 2024Scope 1: 3,022,264 tCO2eRevenue: $M 22,944Scope 1 Intensity: 131.72 tCO2e/$MRRReach SubseaYear: 2024Scope 1: 46,768 tCO2eRevenue: $M 240Scope 1 Intensity: 195.17 tCO2e/$MCCCNOOC Energy Technology & ServicesYear: 2024Scope 1: 50,662 tCO2eRevenue: $M 7,196Scope 1 Intensity: 7.04 tCO2e/$MExtreme NetworksYear: 2024Scope 1: 2,511 tCO2eRevenue: $M 1,117Scope 1 Intensity: 2.25 tCO2e/$MOceaneering InternationalYear: 2024Scope 1: 30,928 tCO2eRevenue: $M 2,661Scope 1 Intensity: 11.62 tCO2e/$MFugroYear: 2024Scope 1: 210,000 tCO2eRevenue: $M 2,368Scope 1 Intensity: 88.69 tCO2e/$M

How does Fugro's GHG emissions intensity compare to its peers?

In 2024, Fugro reported a Scope 1 emissions intensity of 88.69 tCOâ‚‚e per millions USD. Compared to the peer group median of 11.62, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Fugro rank on GHG emissions intensity within its industry?

In 2024, Fugro ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Fugro is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Fugro's Total Carbon Footprint

In 2024, Fugro reported a total carbon footprint of 528,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.02% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Fugro's total carbon footprint was Scope 3 emissions, accounting for 57.77% of the company's total carbon footprint, followed by Scope 1 emissions at 39.77%.a

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