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TGS ASA

Common Name
TGS
Country
Norway
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
1,841
Ticker
TGS
Exchange
OSLO BORS
Description
TGS ASA is a leading global energy data and intelligence company specializing in geoscientific data products and services for oil and gas exploration, as well as emerging energy sectors. Headquartered...

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)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of TGS’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2020, and revenue-based intensity metrics for each scope.
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Verified Sources Behind TGS’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore TGS’s data sources below and access millions more through our Disclosure Search.

a. TGS's Annual Report 2024
b. TGS's Sustainability Report 2023

Insights into TGS's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of TGS amounted to 267,180 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 2023, the total operational greenhouse gas (GHG) emissions of TGS increased 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

20202021202220232024065 k130 k195 k260 ktCO2e0%0%+7510%+237%
  • 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 CO₂ equivalent (tCO₂e).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 tCO₂e using the market-based method and 10,850 tCO₂e 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

2020202120222023202403.5 k7 k10.5 k14 ktCO2e
  • 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 CO₂ equivalent (tCO₂e) 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 4 of 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

20202021202220232024075 k150 k225 k300 ktCO2e-9%-10%+142%-30%
  • 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 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

Has TGS reduced its Scope 3 emissions over time?

Since 2020, TGS's Scope 3 emissions have 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 tCO₂e (62.87%)
  • Fuel- and Energy-Related Services (Cat. 3): 59,910 tCO₂e (29.67%)
  • Capital Goods (Cat. 2): 7,610 tCO₂e (3.77%)

TGS's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(29.7%)Capital Goods(Cat. 2)(3.8%)UpstreamTransportation andDistribution(Cat. 4)(62.9%)

Insights into TGS’s GHG Emissions Intensity Compared to Industry Peers

In 2024, TGS reported Scope 1 greenhouse gas (GHG) emissions of 256,330 tCO₂e and total revenues of USD 12,995 millions. This translates into an emissions intensity of 19.73 tCO₂e per millions USD.a

TGS's Scope 1 Emissions Intensity Compared to Peers

201,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)HVSRCHHHuntingYear: 2024Scope 1: 3,630 tCO2eRevenue: $M 780Scope 1 Intensity: 4.66 tCO2e/$MTidewaterYear: 2024Scope 1: 1,129,008 tCO2eRevenue: $M 1,346Scope 1 Intensity: 838.89 tCO2e/$MYinson Holdings BerhadYear: 2024Scope 1: 43,487 tCO2eRevenue: $M 1,707Scope 1 Intensity: 25.47 tCO2e/$MDialog GroupYear: 2025Scope 1: 12,820 tCO2eRevenue: $M 594Scope 1 Intensity: 21.58 tCO2e/$MVVViridienYear: 2024Scope 1: 2,165 tCO2eRevenue: $M 1,040Scope 1 Intensity: 2.08 tCO2e/$MLiberty EnergyYear: 2024Scope 1: 2,442,979 tCO2eRevenue: $M 4,315Scope 1 Intensity: 566.14 tCO2e/$MWeatherford InternationalYear: 2024Scope 1: 96,816 tCO2eRevenue: $M 5,513Scope 1 Intensity: 17.56 tCO2e/$MBumi ArmadaYear: 2024Scope 1: 80 tCO2eRevenue: $M 514Scope 1 Intensity: 0.16 tCO2e/$MGaztransport et TechnigazYear: 2024Scope 1: 323 tCO2eRevenue: $M 667Scope 1 Intensity: 0.48 tCO2e/$MWorleyYear: 2025Scope 1: 24,485 tCO2eRevenue: $M 7,387Scope 1 Intensity: 3.31 tCO2e/$MBaker HughesYear: 2024Scope 1: 386,367 tCO2eRevenue: $M 27,829Scope 1 Intensity: 13.88 tCO2e/$MExmarYear: 2024Scope 1: 4,073 tCO2eRevenue: $M 297Scope 1 Intensity: 13.70 tCO2e/$MAker SolutionsYear: 2024Scope 1: 11,163 tCO2eRevenue: $M 4,622Scope 1 Intensity: 2.42 tCO2e/$MSSSeatriumYear: 2024Scope 1: 76,013 tCO2eRevenue: $M 6,772Scope 1 Intensity: 11.23 tCO2e/$MMRC GlobalYear: 2024Scope 1: 14,564 tCO2eRevenue: $M 3,011Scope 1 Intensity: 4.84 tCO2e/$MSBOYear: 2023Scope 1: 4,041 tCO2eRevenue: $M 648Scope 1 Intensity: 6.23 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$MHalliburtonYear: 2024Scope 1: 3,022,264 tCO2eRevenue: $M 22,944Scope 1 Intensity: 131.72 tCO2e/$MRRReach SubseaYear: 2024Scope 1: 46,768 tCO2eRevenue: $M 240Scope 1 Intensity: 195.17 tCO2e/$MCCCNOOC Energy Technology & ServicesYear: 2024Scope 1: 50,662 tCO2eRevenue: $M 7,196Scope 1 Intensity: 7.04 tCO2e/$MExtreme NetworksYear: 2024Scope 1: 2,511 tCO2eRevenue: $M 1,117Scope 1 Intensity: 2.25 tCO2e/$MKodiak Gas ServicesYear: 2024Scope 1: 30,445 tCO2eRevenue: $M 1,159Scope 1 Intensity: 26.26 tCO2e/$MSlbYear: 2024Scope 1: 990,000 tCO2eRevenue: $M 36,289Scope 1 Intensity: 27.28 tCO2e/$MTenarisYear: 2024Scope 1: 2,000,000 tCO2eRevenue: $M 10,717Scope 1 Intensity: 186.62 tCO2e/$MOceaneering InternationalYear: 2024Scope 1: 30,928 tCO2eRevenue: $M 2,661Scope 1 Intensity: 11.62 tCO2e/$MTGSYear: 2024Scope 1: 256,330 tCO2eRevenue: $M 12,995Scope 1 Intensity: 19.73 tCO2e/$M

How does TGS's GHG emissions intensity compare to its peers?

In 2024, TGS reported a Scope 1 emissions intensity of 19.73 tCO₂e 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 tCO₂e 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 CO₂ equivalent (tCO₂e) 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

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