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TGS ASA
TGS's GHG Emissions Data Preview
In 2024, TGS 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).
TGS has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind TGS’s Greenhouse Gas (GHG) Emissions Data
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Insights into TGS's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofTGS amounted to267,180metric 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 2023, the total operational greenhouse gas (GHG) emissions of TGSincreased by 211.25%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
TGS's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are TGS's Scope 1 emissions?
In 2024, the total Scope 1 emissions of TGS were 256,330 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has TGS reduced its Scope 1 emissions over time?
Since 2020, TGS's Scope 1 emissions have increased by 25,533%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), TGS's Scope 1 emissions increased by 236.82%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are TGS's Scope 2 emissions?
In 2024, TGS reported Scope 2 greenhouse gas (GHG) emissions of 10,930 tCOâ‚‚e using the market-based method and 10,850 tCOâ‚‚e using the location-based method.a
Has TGS reduced its Scope 2 emissions over time?
Since 2020, TGS's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 13.63%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), TGS's Scope 2 emissions(Location-Based) rose by 11.42% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does TGS use for Scope 2 reporting?
In 2024, TGS reported its Scope 2 emissions using the market-based method and using the location-based method.a
TGS's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into TGS's Value Chain Emissions
In 2024, TGS reported 201,920 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of TGS includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
TGS's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are TGS's Scope 3 emissions?
In 2024, TGS reported total Scope 3 emissions of 201,920 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
Has TGS reduced its Scope 3 emissions over time?
Since 2020, TGS's Scope 3 emissionshave increased by 37.1%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), TGS's Scope 3 emissions decreased by 30.49%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
What categories of Scope 3 emissions does TGS disclose?
In 2024, TGS reported emissions for 4 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.
What are the main sources of TGS's Scope 3 emissions?
In 2024, the largest contributors to TGS's Scope 3 emissions were:a
- Upstream Transportation and Distribution (Cat. 4): 126,950 tCOâ‚‚e(62.87%)
- Fuel- and Energy-Related Services (Cat. 3): 59,910 tCOâ‚‚e(29.67%)
- Capital Goods (Cat. 2): 7,610 tCOâ‚‚e(3.77%)
TGS's Scope 3 Emissions by Categories
Insights into TGS’s GHG Emissions Intensity Compared to Industry Peers
In 2024, TGS reported Scope 1 greenhouse gas (GHG) emissions of 256,330 tCOâ‚‚e and total revenues of USD 12,995 millions. This translates into an emissions intensity of 19.73 tCOâ‚‚e per millions USD.a
TGS's Scope 1 Emissions Intensity Compared to Peers
How does TGS's GHG emissions intensity compare to its peers?
In 2024, TGS reported a Scope 1 emissions intensity of 19.73 tCOâ‚‚e per millions USD. Compared to the peer group median of 13.7, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does TGS rank on GHG emissions intensity within its industry?
In 2024, TGS ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
TGS is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into TGS's Total Carbon Footprint
In 2024, TGS reported a total carbon footprint of 469,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 24.65% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to TGS's total carbon footprint was Scope 1 emissions, accounting for 54.64% of the company's total carbon footprint, followed by Scope 3 emissions at 43.04%.a