Transocean Ltd

Common Name
Transocean
Country
Switzerland
Sector
Energy
Industry
Oil & Gas Drilling
Employees
5,470
Ticker
RIG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Transocean Ltd. is a leading offshore drilling contractor known for providing services in the exploration and production of oil and natural gas. Its primary function is to offer extensive deepwater an...

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
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 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).

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.

What are Transocean's Scope 2 emissions?

In 2022, Transocean reported Scope 2 greenhouse gas (GHG) emissions of 2,072 tCOâ‚‚e using the location-based method.

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.

What methodology does Transocean use for Scope 2 reporting?

In 2022, Transocean reported its Scope 2 emissions using the location-based method.

Transocean's Scope 2 Emissions Over Time

2018201920202021202208501.7 k2.55 k3.4 ktCO2e
  • Total Scope 2 Location-Based

Insights into Transocean's Value Chain Emissions

In 2022, Transocean reported 24,215 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

Transocean's Scope 3 Emissions Over Time

201920202021202208.5 k17 k25.5 k34 ktCO2e-32%-31%+58%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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:

  • Business Travel (Cat. 6): 24,215 tCOâ‚‚e (100%)

Transocean's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)
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