Tidewater Inc
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Tidewater’s Greenhouse Gas (GHG) Emissions Data
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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). a
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. a
Tidewater's Scope 1 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. a b
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. a
What are Tidewater's Scope 2 emissions?
In 2023, Tidewater reported Scope 2 greenhouse gas (GHG) emissions of 3,364 tCO₂e using the market-based method and 1,089 tCO₂e 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 remained relatively stable, indicating that Tidewater 's emissions have plateaued with no significant change in its energy consumption footprint. a b
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. a
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. a
Tidewater's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Tidewater’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Tidewater reported Scope 1 greenhouse gas (GHG) emissions of 1,074,336 tCO₂e and total revenues of USD 1,010 millions. This translates into an emissions intensity of 1,063.71 tCO₂e per millions USD. a
Tidewater's Scope 1 Emissions Intensity Compared to Peers
How does Tidewater's GHG emissions intensity compare to its peers?
In 2023, Tidewater reported a Scope 1 emissions intensity of 1,063.71 tCO₂e per millions USD. Compared to the peer group median of 262.32 , 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 2023, Tidewater ranked 23 out of 23 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