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 GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 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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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 Tidewater's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Tidewater amounted to 1,075,425 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 Tidewater increased by 24.76%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Tidewater's Scope 1 Emissions Over Time

20202021202220230300 k600 k900 k1.2 MtCO2e-22%+53%+25%
  • Total Scope 1
  • Year-over-Year Change

What are Tidewater's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Tidewater were 1,074,336 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Tidewater reduced its Scope 1 emissions over time?

Since 2020, Tidewater's Scope 1 emissions have increased by 48.91%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Tidewater's Scope 1 emissions increased by 24.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Tidewater's Scope 2 emissions?

In 2023, Tidewater reported Scope 2 greenhouse gas (GHG) emissions of 3,364 tCOâ‚‚e using the market-based method, and 1,089 tCOâ‚‚e using the location-based method.

Has Tidewater reduced its Scope 2 emissions over time?

Since 2020, Tidewater's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Tidewater 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Tidewater's Scope 2 emissions (Location-Based) fell by 25.67% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Tidewater use for Scope 2 reporting?

In 2023, Tidewater reported its Scope 2 emissions using the market-based method and using the location-based method.

Tidewater's Scope 2 Emissions Over Time

202020212022202308501.7 k2.55 k3.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
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