Potential offtaker

Fugro NV

www.fugro.com

Estimated electricity consumption

N/A

Countries of production presence

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Fugro NV is a leading Dutch company that operates in the seismic surveying sector. The company was founded in 1962 and has since grown to become a global leader in geotechnical, survey, and geoscience services. Fugro operates in over 60 countries, employs over 10,000 people, and has a market capitalization of over €1 billion.

Fugro's core business is to provide geotechnical and geoscience services to the oil and gas industry, as well as to the renewable energy sector. The company's seismic surveying services are used to locate and map oil and gas reserves, while its geotechnical services are used to assess the stability of the seabed and the suitability of the soil for construction projects.

In recent years, Fugro has been actively involved in the decarbonisation of the energy sector. The company has recognized the need to reduce greenhouse gas emissions and transition to renewable energy sources. As a result, Fugro has been working on several initiatives to reduce its carbon footprint and promote renewable energy.

One of Fugro's key initiatives is its corporate energy program. The program aims to reduce the company's energy consumption and greenhouse gas emissions by improving energy efficiency, promoting renewable energy, and implementing sustainable practices. Fugro has set ambitious targets to reduce its carbon footprint, including a 50% reduction in greenhouse gas emissions by 2030.

To achieve these targets, Fugro has implemented several measures to improve energy efficiency. The company has invested in energy-efficient equipment and technologies, such as LED lighting and energy-efficient HVAC systems. Fugro has also implemented a comprehensive energy management system to monitor and optimize its energy consumption.

In addition to improving energy efficiency, Fugro has also been actively promoting renewable energy. The company has invested in several renewable energy projects, including wind and solar power. Fugro has also signed several corporate power purchase agreements (PPAs) to purchase renewable energy from third-party providers. These PPAs help Fugro to reduce its carbon footprint and promote the development of renewable energy.

Fugro's commitment to renewable energy is also reflected in its geotechnical and geoscience services. The company has been actively involved in the development of offshore wind farms, providing geotechnical and survey services to assess the feasibility and design of wind turbine foundations. Fugro has also been involved in the development of tidal energy projects, providing geotechnical and survey services to assess the suitability of the seabed for tidal turbines.

Fugro's commitment to decarbonisation and renewable energy has been recognized by several industry organizations. The company has been awarded several certifications, including ISO 14001 for environmental management and ISO 50001 for energy management. Fugro has also been included in several sustainability indices, such as the Dow Jones Sustainability Index and the FTSE4Good Index.

In conclusion, Fugro NV is a leading Dutch company that operates in the seismic surveying sector. The company has recognized the need to reduce greenhouse gas emissions and transition to renewable energy sources. Fugro has implemented several measures to improve energy efficiency and promote renewable energy, including its corporate energy program and corporate power purchase agreements. Fugro's commitment to decarbonisation and renewable energy has been recognized by several industry organizations, and the company is well-positioned to continue its leadership in the energy sector.

✓ Science Based Targets member
✓ Declared Net Zero commitment