Seatrium Limited

Common Name
Seatrium
Country
Singapore
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
23,000
Ticker
5E2
Exchange
SINGAPORE EXCHANGE
Description
Seatrium Ltd. is a prominent maritime engineering and construction company. It primarily functions in the design, construction, and repair of ships, rigs, and marine structures. Seatrium is a key play...

Seatrium's GHG Emissions Data Preview

In 2023, Seatrium 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).

However, Seatrium has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Seatrium’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 Seatrium’s data sources below and access millions more through our Disclosure Search.

a. Seatrium's Sustainability Report 2023
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Insights into Seatrium's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Seatrium amounted to 184,058 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Seatrium increased by 58.19%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Seatrium's Scope 1 Emissions Over Time

202120222023020 k40 k60 k80 ktCO2e-13%+39%
  • Total Scope 1
  • Year-over-Year Change

What are Seatrium's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Seatrium were 74,941 metric tons of CO₂ equivalent (tCO₂e). a

Has Seatrium reduced its Scope 1 emissions over time?

Since 2021, Seatrium's Scope 1 emissions have increased by 21.05%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Seatrium's Scope 1 emissions increased by 39.03%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Seatrium's Scope 2 emissions?

In 2023, Seatrium reported Scope 2 greenhouse gas (GHG) emissions of 107,713 tCO₂e using the market-based method and 109,117 tCO₂e using the location-based method. a

What methodology does Seatrium use for Scope 2 reporting?

In 2023, Seatrium reported its Scope 2 emissions using the market-based method and using the location-based method. a

Seatrium's Scope 2 Emissions Over Time

202120222023030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Seatrium's Value Chain Emissions

In 2023, Seatrium reported 648,257 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Seatrium includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Seatrium's Scope 3 Emissions Over Time

20230200 k400 k600 k800 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Seatrium's Scope 3 emissions?

In 2023, Seatrium reported total Scope 3 emissions of 648,257 metric tons of CO₂ equivalent (tCO₂e). a

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

In 2023, Seatrium reported Scope 1 greenhouse gas (GHG) emissions of 74,941 tCO₂e and total revenues of USD 5,525 millions. This translates into an emissions intensity of 13.56 tCO₂e per millions USD. a

Seatrium's Scope 1 Emissions Intensity Compared to Peers

1002,00050,000500,00010,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)OVCSValarisYear: 2023Scope 1: 703,674 tCO2eRevenue: $M 1,784Scope 1 Intensity: 394.39 tCO2e/$MSBM OffshoreYear: 2023Scope 1: 489 tCO2eRevenue: $M 4,245Scope 1 Intensity: 0.12 tCO2e/$MOOOffshore Oil EngineeringYear: 2023Scope 1: 312,714 tCO2eRevenue: $M 4,327Scope 1 Intensity: 72.27 tCO2e/$MDialog GroupYear: 2024Scope 1: 8,722 tCO2eRevenue: $M 668Scope 1 Intensity: 13.05 tCO2e/$MVVViridienYear: 2024Scope 1: 2,165 tCO2eRevenue: $M 1,040Scope 1 Intensity: 2.08 tCO2e/$MCCCIMC Enric HoldingsYear: 2023Scope 1: 31,353 tCO2eRevenue: $M 3,634Scope 1 Intensity: 8.63 tCO2e/$MArchrockYear: 2023Scope 1: 17,663 tCO2eRevenue: $M 990Scope 1 Intensity: 17.84 tCO2e/$MChina Oilfield ServicesYear: 2023Scope 1: 1,182,609 tCO2eRevenue: $M 6,206Scope 1 Intensity: 190.55 tCO2e/$MSubsea 7Year: 2023Scope 1: 656,624 tCO2eRevenue: $M 5,974Scope 1 Intensity: 109.92 tCO2e/$MLiberty EnergyYear: 2023Scope 1: 2,329,847 tCO2eRevenue: $M 4,748Scope 1 Intensity: 490.71 tCO2e/$MWeatherford InternationalYear: 2023Scope 1: 116,153 tCO2eRevenue: $M 5,135Scope 1 Intensity: 22.62 tCO2e/$MBumi ArmadaYear: 2023Scope 1: 1,850 tCO2eRevenue: $M 464Scope 1 Intensity: 3.99 tCO2e/$MWorleyYear: 2023Scope 1: 22,334 tCO2eRevenue: $M 7,546Scope 1 Intensity: 2.96 tCO2e/$MBaker HughesYear: 2023Scope 1: 383,096 tCO2eRevenue: $M 25,506Scope 1 Intensity: 15.02 tCO2e/$MNovYear: 2023Scope 1: 135,671 tCO2eRevenue: $M 8,583Scope 1 Intensity: 15.81 tCO2e/$MKodiak Gas ServicesYear: 2023Scope 1: 20,951 tCO2eRevenue: $M 850Scope 1 Intensity: 24.64 tCO2e/$MSSSeatriumYear: 2023Scope 1: 74,941 tCO2eRevenue: $M 5,525Scope 1 Intensity: 13.56 tCO2e/$M

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

In 2023, Seatrium reported a Scope 1 emissions intensity of 13.56 tCO₂e per millions USD. Compared to the peer group median of 16.82, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2023, Seatrium ranked 7 out of 16 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Seatrium's Total Carbon Footprint

In 2023, Seatrium reported a total carbon footprint of 832,315 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 615.32% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Seatrium's total carbon footprint was Scope 3 emissions, accounting for 77.89% of the company's total carbon footprint, followed by Scope 2 emissions at 13.11%. a

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