In 2024, Tidewater 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) and Scope 2 (indirect emissions from purchased energy).
However, Tidewater has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,129,008a | 1,074,336a | 848,945a | |
Total Scope 2 | ||||
Market-Based | 5,923a | 3,364a | 2,779a | |
Location-Based | 1,310a | 1,089a | 1,465a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 838.8904a | 1,063.7148a | 1,310.7395a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Tidewater amounted to 1,130,318 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 Tidewater increased by 5.1%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Tidewater were 1,129,008 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Tidewater's Scope 1 emissions have increased by 56.49%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Tidewater's Scope 1 emissions increased by 5.09%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Tidewater reported Scope 2 greenhouse gas (GHG) emissions of 5,923 tCO₂e using the market-based method and 1,310 tCO₂e using the location-based method.a
Since 2020, Tidewater's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 18.66%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Tidewater's Scope 2 emissions (Location-Based) rose by 20.29% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Tidewater reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Tidewater reported Scope 1 greenhouse gas (GHG) emissions of 1,129,008 tCO₂e and total revenues of USD 1,346 millions. This translates into an emissions intensity of 838.89 tCO₂e per millions USD.a
In 2024, Tidewater reported a Scope 1 emissions intensity of 838.89 tCO₂e per millions USD. Compared to the peer group median of 18.95, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Tidewater ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Tidewater among the least efficient performers, with one of the highest emissions intensities in its sector.a