Reach Subsea ASA 2023 IR
The report highlights Reach Subsea's record-breaking performance in 2023, with revenues approaching NOK 2 billion and a solid EBIT margin of nearly 17%. The company expanded its global footprint through the acquisition of Guardian Geomatics and prepared for the 2024 launch of its first two autonomous Reach Remote vessels. On the sustainability front, the company delivered on 70% of its ESG targets and maintained its goal of zero major spills. However, Scope 1 emissions increased to 59,715 tons of CO2 equivalent due to increased international activity and fleet modifications.
Company: Reach Subsea ASA
Sector: Energy
Country: Norway
Year: 2023
Type: IR
Pages: 165
Reach Subsea ASA
Annual And Sustainability Report
The report highlights Reach Subsea's record-breaking performance in 2023, with revenues approaching NOK 2 billion and a solid EBIT margin of nearly 17%. The company expanded its global footprint through the acquisition of Guardian Geomatics and prepared for the 2024 launch of its first two autonomous Reach Remote vessels. On the sustainability front, the company delivered on 70% of its ESG targets and maintained its goal of zero major spills. However, Scope 1 emissions increased to 59,715 tons of CO2 equivalent due to increased international activity and fleet modifications.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees