Subsea 7 SA
Subsea 7's Climate Target Data Preview
As of 2024, Subsea 7 has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction 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 Subsea 7 ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2035 |
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Insights into Subsea 7's Greenhouse Gas Emissions Pathways
As of 2024, Subsea 7 has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a
Does Subsea 7 have a target to reduce the emissions from its operations?
As of 2024, Subsea 7 has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Subsea 7's most ambitious operational target is to reduce these emissions by 50% by 2035, compared to a baseline of 649,950 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a
Instead of reducing operational emissions, Subsea 7 has increased them, with 2024 levels exceeding those of the 2018 baseline, placing the company well behind its reduction target. a