Subsea 7
Subsea 7, a leading global contractor in the offshore energy sector, is headquartered in the United Kingdom. Founded in 2002, the company has established a strong presence in key operational regions, including Europe, Africa, and the Americas. Specialising in subsea engineering, construction, and services, Subsea 7 is renowned for its innovative solutions that enhance the efficiency and safety of offshore projects. The company offers a diverse range of core services, including subsea installation, inspection, and maintenance, distinguished by its advanced technology and commitment to sustainability. With a robust market position, Subsea 7 has achieved numerous milestones, including significant contracts in renewable energy and oil and gas sectors, solidifying its reputation as a trusted partner in the industry.
DitchCarbon Score
How does Subsea 7's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Subsea 7's score of 54 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Subsea 7's reported carbon emissions
In 2024, Subsea 7 reported total carbon emissions of approximately 806,000,000 kg CO2e, with Scope 1 emissions accounting for about 748,000,000 kg CO2e, Scope 2 emissions at approximately 1,480,000 kg CO2e (market-based), and Scope 3 emissions, primarily from business travel, at around 56,000,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and 2 emissions by 2035, using 2018 as a baseline. Additionally, Subsea 7 is committed to achieving Net Zero for Scope 1 and 2 emissions by 2050. Notably, they completed a successful trial of biofuels on the vessel Seven Oceanic, resulting in an estimated CO2 saving of about 30% during 2022-2023. In 2023, Subsea 7's emissions were approximately 597,370,000 kg CO2e, with Scope 1 emissions at about 656,624,000 kg CO2e, Scope 2 emissions at approximately 2,317,000 kg CO2e, and Scope 3 emissions at around 49,552,000 kg CO2e. This reflects a proactive approach to reducing their carbon footprint while maintaining operational efficiency. Subsea 7's ongoing efforts and clear targets position them as a responsible player in the industry, committed to sustainability and climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 643,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 6,950,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 22,700,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Subsea 7 is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
