Subsea 7 SA 2023 SR
The report highlights Subsea7's progress in 2023, including the completion of a double materiality assessment in preparation for CSRD. The company achieved $1.0 billion in revenue from its Renewables business unit and successfully delivered two industry-leading offshore wind construction vessels. Subsea7 established a net-zero target for Scope 1 and 2 emissions by 2050, with an interim 50% reduction goal by 2035. Key operational milestones included the creation of the OneSubsea joint venture and the planned hybridisation of the Seven Arctic vessel. The company also reported a lost-time injury frequency of 0.03 and maintained a strong focus on business ethics and human rights.
Company: Subsea 7 SA
Sector: Mining & quarrying
Country: Luxembourg
Year: 2023
Type: SR
Pages: 40
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Subsea 7 SA
Sustainability Report
The report highlights Subsea7's progress in 2023, including the completion of a double materiality assessment in preparation for CSRD. The company achieved $1.0 billion in revenue from its Renewables business unit and successfully delivered two industry-leading offshore wind construction vessels. Subsea7 established a net-zero target for Scope 1 and 2 emissions by 2050, with an interim 50% reduction goal by 2035. Key operational milestones included the creation of the OneSubsea joint venture and the planned hybridisation of the Seven Arctic vessel. The company also reported a lost-time injury frequency of 0.03 and maintained a strong focus on business ethics and human rights.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees