TGS ASA 2024 AR2
The report highlights TGS's transformational year in 2024, marked by the successful completion of its merger with PGS, establishing it as a leading fully integrated energy data company. TGS delivered strong financial performance with revenues of USD 1,318.2 million, representing a 66% increase from 2023, and an operating profit of USD 195.5 million. On the sustainability front, the company successfully completed its double materiality assessment under CSRD/ESRS, achieved zero reportable quantity spills, and recycled 100% of its ocean bottom node batteries. Additionally, TGS expanded its New Energy Solutions segment, supporting offshore wind, solar, and carbon capture markets.
Company: TGS ASA
Sector: Energy
Country: Norway
Year: 2024
Type: AR2
Pages: 217
TGS ASA
Annual Report
The report highlights TGS's transformational year in 2024, marked by the successful completion of its merger with PGS, establishing it as a leading fully integrated energy data company. TGS delivered strong financial performance with revenues of USD 1,318.2 million, representing a 66% increase from 2023, and an operating profit of USD 195.5 million. On the sustainability front, the company successfully completed its double materiality assessment under CSRD/ESRS, achieved zero reportable quantity spills, and recycled 100% of its ocean bottom node batteries. Additionally, TGS expanded its New Energy Solutions segment, supporting offshore wind, solar, and carbon capture markets.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees