Tidewater Inc

Common Name
Tidewater
Country
United States
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
7,700
Ticker
TDW
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Tidewater Inc. is a leading provider of marine support services, primarily catering to offshore energy exploration and production activities. The company's primary function is to supply and manage off...

Tidewater's Climate Target Data Preview

As of 2021, Tidewater has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Tidewater ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Unspecified Unit
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2050

This table provides a simplified preview of selected climate targets 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 Tidewater's Greenhouse Gas Emissions Pathways

As of 2021, Tidewater has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Tidewater have a target to reduce the emissions from its operations?

As of 2021, Tidewater has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Tidewater's most ambitious operational target is to reduce these emissions by 50% by 2050, compared to a baseline of 722,677 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2021, Tidewater is ahead of schedule on its operational emissions reduction target, having achieved 40% of the planned reduction.

Tidewater's Operational (Scope 1+2) Emissions Pathway

2020202120500200 k400 k600 k800 kBaselineCurrent (-20%)Target 2050 (-50%)
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