Our Targets

PGS has integrated ESG practices into its business and strategy. Our ambition is to promote the UN Sustainable Development Goals through concrete actions on goals that are relevant to our company activities and global presence.

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  • Environment | In 2022, we continued to expand and enhance our digital platform for HSE management and were able to restart our crisis management training of onboard management teams after the COVID-19 pandemic. Our crisis management training also includes scenarios for health and safety incidents and the rescue of migrants at sea. In 2022, our fleet rescued the crew of a Brazilian fishing boat that had been adrift for 25 days after losing propulsion.
  • Biodiversity  | In 2022, our emissions of CO2 equivalent per common midpoint kilometer (“CMP km”), or unit of data, increased compared to prior years and diverted from our path to 50% reduction by 2030 compared to 2011. This was due to a combination of factors. Firstly, operations in challenging areas led to an increase in operational standby compared to prior years. Secondly, our project portfolio had a higher proportion of smaller surveys of shorter duration that do not benefit from the operational efficiency of larger and longer surveys. Thirdly, the characterization of reservoirs for carbon storage required higher standby time and didn’t benefit from the operational efficiency of larger surveys. Despite a relative increase in emissions, we remain committed to improving the energy efficiency of our operations. We have continued several initiatives to reduce the fuel consumption and emissions of greenhouse gases from our fleet and initiated new ones.
  • Waste | In 2022, total waste generation from our offices increased, largely influenced by office closures due to COVID-19 during 2021. The waste generated by our fleet remained stable, with no measurable decline. We have identified a need to improve the quality and level of detail in our reporting, to identify where we can improve waste management.