Viridien SA 2018 IR
The report outlines CGG's strategic transition to an asset-light business model in 2018, which includes exiting the contractual data acquisition market to focus on its high-value Geoscience, Multi-Client, and Equipment segments. During the year, the company successfully completed a major financial restructuring, significantly reducing its gross debt from US$2.95 billion to US$1.17 billion. On the sustainability front, CGG continued to implement its "Care+Protect" program, achieving a reduction in its motor vehicle crash rate to 0.16 and deploying its QuietSea passive acoustic monitoring system to protect marine life.
Company: Viridien SA
Sector: Energy
Country: France
Year: 2018
Type: IR
Pages: 288
Viridien SA
Reference Document
The report outlines CGG's strategic transition to an asset-light business model in 2018, which includes exiting the contractual data acquisition market to focus on its high-value Geoscience, Multi-Client, and Equipment segments. During the year, the company successfully completed a major financial restructuring, significantly reducing its gross debt from US$2.95 billion to US$1.17 billion. On the sustainability front, CGG continued to implement its "Care+Protect" program, achieving a reduction in its motor vehicle crash rate to 0.16 and deploying its QuietSea passive acoustic monitoring system to protect marine life.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Integrated Report
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:
Women on Board
Workplace Fatalities
Employees