Transocean Ltd
Transocean's GHG Emissions Data Preview
In 2022, Transocean completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering 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) | 2022 | 2021 | 2020 | 2019 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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Verified Sources Behind Transocean’s Greenhouse Gas (GHG) Emissions Data
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Insights into Transocean's Operational Emissions
In 2022, the total operational greenhouse gas (GHG) emissions of Transocean amounted to 2,072 metric tons of CO2 equivalent. This figure reflects indirect emissions from purchased energy (Scope 2). a
Compared to 2021, the total operational greenhouse gas (GHG) emissions of Transocean decreased by 99.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
What are Transocean's Scope 2 emissions?
In 2022, Transocean reported Scope 2 greenhouse gas (GHG) emissions of 2,072 tCO₂e using the location-based method. a
Has Transocean reduced its Scope 2 emissions over time?
Compared to the previous year (2021), 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 2022, 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 2022, Transocean reported 24,215 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 2022 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 2021, 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 2022, Transocean reported total Scope 3 emissions of 24,215 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
Compared to the previous year (2021), Transocean's Scope 3 emissions increased by 58.1%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Transocean disclose?
In 2022, 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 2022, the largest contributors to Transocean's Scope 3 emissions were: a
- Business Travel (Cat. 6): 24,215 tCO₂e (100%)
Transocean's Scope 3 Emissions by Categories
Insights into Transocean’s GHG Emissions Intensity Compared to Industry Peers
In 2021, Transocean reported Scope 1 greenhouse gas (GHG) emissions of 889,663 tCO₂e and total revenues of USD 2,556 millions. This translates into an emissions intensity of 348.07 tCO₂e per millions USD. b
Transocean's Scope 1 Emissions Intensity Compared to Peers
How does Transocean's GHG emissions intensity compare to its peers?
In 2021, Transocean reported a Scope 1 emissions intensity of 348.07 tCO₂e per millions USD. Compared to the peer group median of 240.27, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. b
Where does Transocean rank on GHG emissions intensity within its industry?
In 2021, Transocean ranked 14 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). b
Transocean is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. b