SBM Offshore NV

Common Name
SBM Offshore
Country
Netherlands
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
6,301
Ticker
SBMO
Exchange
EURONEXT
Description
SBM Offshore N.V. is a renowned floating production storage and offloading (FPSO) company operating globally within the oil and gas industry. Known for its engineering and manufacture of complex marin...

SBM Offshore's Climate Target Data Preview

As of 2023, SBM Offshore has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into SBM Offshore ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Oil and Gas Produced
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a
2030
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Verified Sources Behind SBM Offshore’s Climate Targets 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 SBM Offshore’s data sources below and access millions more through our Disclosure Search.

a. SBM Offshore's Annual Report 2023
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Insights into SBM Offshore's Greenhouse Gas Emissions Pathways

As of 2023, SBM Offshore has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a

Does SBM Offshore have a target to reduce the emissions from its value chain?

As of 2023, SBM Offshore has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

SBM Offshore's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 0.202 Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Oil and Gas Produced in 2016. a

SBM Offshore has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

SBM Offshore's Value Chain (Scope 3) Emissions Pathway

20162023203000.060.110.170.22BaselineCurrent (-51%)
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