TGS ASA

Common Name
TGS
Country
Norway
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
908
Ticker
TGS
Exchange
OSLO BORS
Description
TGS ASA is a multinational geophysical company specializing in acquiring, processing, and interpreting seismic data for the oil and gas industry. Primarily focused on providing detailed subsurface ima...

TGS's GHG Emissions Data Preview

In 2023, 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 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into TGS's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of TGS amounted to 85,840 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of TGS increased by 696.59%, suggesting that the company faced challenges in reducing its emissions from its core operations.

TGS's Scope 1 Emissions Over Time

2020202120222023020 k40 k60 k80 ktCO2e0%0%+7510%
  • Total Scope 1
  • Year-over-Year Change

What are TGS's Scope 1 emissions?

In 2023, the total Scope 1 emissions of TGS were 76,102 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has TGS reduced its Scope 1 emissions over time?

Since 2020, TGS's Scope 1 emissions have increased by 7,510.2%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), TGS's Scope 1 emissions increased by 7,510.2%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are TGS's Scope 2 emissions?

In 2023, TGS reported Scope 2 greenhouse gas (GHG) emissions of 9,738 tCOâ‚‚e using the location-based method.

Has TGS reduced its Scope 2 emissions over time?

Since 2020, TGS's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 22.48%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), TGS's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that TGS 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does TGS use for Scope 2 reporting?

In 2023, TGS reported its Scope 2 emissions using the location-based method.

TGS's Scope 2 Emissions Over Time

202020212022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based

Insights into TGS's Value Chain Emissions

In 2023, TGS reported 290,502 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of TGS includes a breakdown across 1 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.

TGS's Scope 3 Emissions Over Time

2020202120222023075 k150 k225 k300 ktCO2e-9%-10%+142%
  • Total Scope 3
  • Year-over-Year Change

What are TGS's Scope 3 emissions?

In 2023, TGS reported total Scope 3 emissions of 290,502 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has TGS reduced its Scope 3 emissions over time?

Since 2020, TGS's Scope 3 emissions have increased by 97.25%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), TGS's Scope 3 emissions increased by 142.35%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does TGS disclose?

In 2023, TGS reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to TGS's Scope 3 emissions were:

  • Upstream Transportation and Distribution (Cat. 4): 290,502 tCOâ‚‚e (100%)

TGS's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(100.0%)

Insights into TGS's Total Carbon Footprint

In 2023, TGS reported a total carbon footprint of 376,342 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 188.06% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to TGS's total carbon footprint was Scope 3 emissions, accounting for 77.19% of the company's total carbon footprint, followed by Scope 1 emissions at 20.22%.

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