In 2024, Subsea 7 conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Waste Generated | 11,975a | 12,163a | 11,570a | |
Total Waste Recovered | 3,864a | 4,468a | 3,485a | |
Total Hazardous Waste Generated | 2,591a | 4,111a | 3,453a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2024, Subsea 7 generated a total of 11,975metric tonnes of waste.a
Of this amount, 32.27% of Subsea 7's total waste generated was recovered through methods such as recycling, reuse, or composting, while 5.83% was disposed of through landfilling, incineration, or combustion.The remaining 61.9% was either treated using unspecified methods or not clearly categorized.a
In 2024, Subsea 7 reported a total waste generation of 11,975 metric tonnes, of which 32.27% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Subsea 7 is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2022, Subsea 7's total waste generation increased by 3.5%, but declined by 1.55% in the year 2024, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.a
Over the same period, Subsea 7's waste recovery rate increased by 7.13%, but declined by 12.16% in 2024, potentially signaling volatility in waste treatment processes or shifting priorities in waste management.a
Overall, Subsea 7’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.
In 2024, Subsea 7 generated a total of 11,975 metric tonnes of waste.a
Of this amount, 21.64% of Subsea 7's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment.78.36% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2022, Subsea 7's total waste generation rose by 3.5%, but dropped by 1.55% in 2024, indicating a possible turning point driven by improved waste-reduction practices or production slowdowns.a
Over the same period, Subsea 7 reduced the hazardousness of its waste by 27.5%, with a further 35.98% decline in 2024, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.a
Overall, Subsea 7 has increased waste over time but is now demonstrating meaningful progress in both reducing waste generation and lowering its hazardous content, potentially signaling a turning point toward sustainability.a