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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 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)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind Tidewater’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 Tidewater’s data sources below and access millions more through our Disclosure Search.

a. Tidewater's Sustainability Report 2024
a. Tidewater's Sustainability Report 2024
b. Tidewater's Sustainability Report 2021
b. Tidewater's Sustainability Report 2021

Insights into Tidewater's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofTidewater amounted to1,130,318metric 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 Tidewaterincreased by 5.1%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Tidewater's Scope 1 Emissions Over Time

202020212022202320240300 k600 k900 k1.2 MtCO2e-22%+51%+27%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Tidewater's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Tidewater were 1,129,008 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Tidewater reduced its Scope 1 emissions over time?

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

What are Tidewater's Scope 2 emissions?

In 2024, Tidewater reported Scope 2 greenhouse gas (GHG) emissions of 5,923 tCOâ‚‚e using the market-based method and 1,310 tCOâ‚‚e using the location-based method.a

Has Tidewater reduced its Scope 2 emissions over time?

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

What methodology does Tidewater use for Scope 2 reporting?

In 2024, Tidewater reported its Scope 2 emissions using the market-based method and using the location-based method.a

Tidewater's Scope 2 Emissions Over Time

2020202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

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

In 2024, Tidewater reported Scope 1 greenhouse gas (GHG) emissions of 1,129,008 tCOâ‚‚e and total revenues of USD 1,346 millions. This translates into an emissions intensity of 838.89 tCOâ‚‚e per millions USD.a

Tidewater's Scope 1 Emissions Intensity Compared to Peers

5005,000100,0002,000,00020,000,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)CSHKinetik HoldingsYear: 2024Scope 1: 2,377,360 tCO2eRevenue: $M 1,483Scope 1 Intensity: 1,603.15 tCO2e/$MCCCore LaboratoriesYear: 2024Scope 1: 11,675 tCO2eRevenue: $M 524Scope 1 Intensity: 22.29 tCO2e/$MOil States InternationalYear: 2024Scope 1: 18,094 tCO2eRevenue: $M 693Scope 1 Intensity: 26.13 tCO2e/$MArchrockYear: 2024Scope 1: 19,797 tCO2eRevenue: $M 1,158Scope 1 Intensity: 17.10 tCO2e/$MSSSolaris Energy InfrastructureYear: 2020Scope 1: 2,094 tCO2eRevenue: $M 103Scope 1 Intensity: 20.33 tCO2e/$MPeabody EnergyYear: 2024Scope 1: 5,106,580 tCO2eRevenue: $M 4,237Scope 1 Intensity: 1,205.32 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MLiberty EnergyYear: 2024Scope 1: 2,442,979 tCO2eRevenue: $M 4,315Scope 1 Intensity: 566.14 tCO2e/$MAlliance Resource PartnersYear: 2023Scope 1: 2,521,512 tCO2eRevenue: $M 2,567Scope 1 Intensity: 982.39 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MWeatherford InternationalYear: 2024Scope 1: 96,816 tCO2eRevenue: $M 5,513Scope 1 Intensity: 17.56 tCO2e/$MHHHess MidstreamYear: 2024Scope 1: 479,446 tCO2eRevenue: $M 1,492Scope 1 Intensity: 321.37 tCO2e/$MCore Natural ResourcesYear: 2023Scope 1: 6,612,000 tCO2eRevenue: $M 2,507Scope 1 Intensity: 2,637.80 tCO2e/$MBaker HughesYear: 2024Scope 1: 386,367 tCO2eRevenue: $M 27,829Scope 1 Intensity: 13.88 tCO2e/$MNational Fuel GasYear: 2024Scope 1: 1,508,319 tCO2eRevenue: $M 1,945Scope 1 Intensity: 775.56 tCO2e/$MMRC GlobalYear: 2024Scope 1: 14,564 tCO2eRevenue: $M 3,011Scope 1 Intensity: 4.84 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$MHalliburtonYear: 2024Scope 1: 3,022,264 tCO2eRevenue: $M 22,944Scope 1 Intensity: 131.72 tCO2e/$MNobleYear: 2024Scope 1: 871,060 tCO2eRevenue: $M 3,058Scope 1 Intensity: 284.86 tCO2e/$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: $M 36,289Scope 1 Intensity: 27.28 tCO2e/$MOceaneering InternationalYear: 2024Scope 1: 30,928 tCO2eRevenue: $M 2,661Scope 1 Intensity: 11.62 tCO2e/$MHelmerich and PayneYear: 2024Scope 1: 1,036,000 tCO2eRevenue: $M 2,757Scope 1 Intensity: 375.82 tCO2e/$MTidewaterYear: 2024Scope 1: 1,129,008 tCO2eRevenue: $M 1,346Scope 1 Intensity: 838.89 tCO2e/$M

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

In 2024, Tidewater reported a Scope 1 emissions intensity of 838.89 tCOâ‚‚e per millions USD. Compared to the peer group median of 26.77, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Tidewater rank on GHG emissions intensity within its industry?

In 2024, Tidewater ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Tidewater among the least efficient performers, with one of the highest emissions intensities in its sector.a

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