Transocean Ltd
Transocean's GHG Emissions Data Preview
In 2024, Transocean 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Transocean has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
aVerified Sources Behind Transocean’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 Transocean’s data sources below and access millions more through our Disclosure Search.
Insights into Transocean's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Transocean amounted to 91,058 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 Transocean decreased by 27.98%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Transocean's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Transocean's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Transocean were 89,209 metric tons of CO₂ equivalent (tCO₂e).a
Has Transocean reduced its Scope 1 emissions over time?
Since 2019, Transocean's Scope 1 emissions have decreased by 92.2%, reflecting a declining long-term trend in Scope 1 emissions over time.ad
Compared to the previous year (2023), Transocean's Scope 1 emissions decreased by 28.35%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Transocean's Scope 2 emissions?
In 2024, Transocean reported Scope 2 greenhouse gas (GHG) emissions of 1,849 tCO₂e using the location-based method.a
Has Transocean reduced its Scope 2 emissions over time?
Since 2019, Transocean's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 41.71%, reflecting a declining long-term trend in Scope 2 emissions over time.ad
Compared to the previous year (2023), Transocean's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Transocean's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Transocean use for Scope 2 reporting?
In 2024, Transocean reported its Scope 2 emissions using the location-based method.a
Transocean's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Transocean's Value Chain Emissions
In 2024, Transocean reported 930,109 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Transocean includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Transocean's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Transocean's Scope 3 emissions?
In 2024, Transocean reported total Scope 3 emissions of 930,109 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Transocean reduced its Scope 3 emissions over time?
Since 2019, Transocean's Scope 3 emissions have increased by 2,721.42%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Transocean's Scope 3 emissions remained relatively stable, indicating that Transocean's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Transocean disclose?
In 2024, Transocean reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Transocean's Scope 3 emissions?
In 2024, the largest contributors to Transocean's Scope 3 emissions were:a
- Business Travel (Cat. 6): 36,053 tCO₂e (100%)
Transocean's Scope 3 Emissions by Categories
Insights into Transocean’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Transocean reported Scope 1 greenhouse gas (GHG) emissions of 89,209 tCO₂e and total revenues of USD 3,524 millions. This translates into an emissions intensity of 25.31 tCO₂e per millions USD.a
Transocean's Scope 1 Emissions Intensity Compared to Peers
How does Transocean's GHG emissions intensity compare to its peers?
In 2024, Transocean reported a Scope 1 emissions intensity of 25.31 tCO₂e per millions USD. Compared to the peer group median of 360.96, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Transocean rank on GHG emissions intensity within its industry?
In 2024, Transocean ranked 4 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Transocean among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Transocean's Total Carbon Footprint
In 2024, Transocean reported a total carbon footprint of 1,021,167 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.47% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Transocean's total carbon footprint was Scope 3 emissions, accounting for 91.08% of the company's total carbon footprint, followed by Scope 1 emissions at 8.74%.a