In 2025, Subsea 7 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).
Subsea 7 has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2025, the total operational greenhouse gas (GHG) emissions of Subsea 7 amounted to 730,380 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 2024, the total operational greenhouse gas (GHG) emissions of Subsea 7 decreased by 2.93%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of Subsea 7 were 725,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Subsea 7's Scope 1 emissions have increased by 10.18%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2024), Subsea 7's Scope 1 emissions decreased by 3.07%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, Subsea 7 reported Scope 2 greenhouse gas (GHG) emissions of 208 tCO₂e using the market-based method and 5,380 tCO₂e using the location-based method.a
Since 2021, Subsea 7's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 148.15%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2024), Subsea 7's Scope 2 emissions (Location-Based) rose by 21.17% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2025, Subsea 7 reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Subsea 7 reported 55,400 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 2025 disclosure of Subsea 7 includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Subsea 7 reported total Scope 3 emissions of 55,400 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Subsea 7's Scope 3 emissions have increased by 87.99%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2024), Subsea 7's Scope 3 emissions remained relatively stable, indicating that Subsea 7's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, Subsea 7 reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2025, the largest contributors to Subsea 7's Scope 3 emissions were:a
In 2025, Subsea 7 reported Scope 1 greenhouse gas (GHG) emissions of 725,000 tCO₂e and total revenues of USD 7,086 millions. This translates into an emissions intensity of 102.31 tCO₂e per millions USD.a
In 2025, Subsea 7 reported a Scope 1 emissions intensity of 102.31 tCO₂e per millions USD. Compared to the peer group median of 26.26, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Subsea 7 ranked 19 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Subsea 7 among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2025, Subsea 7 reported a total carbon footprint of 785,780 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.8% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Subsea 7's total carbon footprint was Scope 1 emissions, accounting for 92.27% of the company's total carbon footprint, followed by Scope 3 emissions at 7.05%.a