The report highlights the company's commitment to carbon neutrality by 2050 and its efforts to reduce its direct and indirect greenhouse gas emissions. The report also details the company's strategic shift towards an ""asset-light"" business model, exiting its marine, land and multi-physics acquisition business. In 2021, CGG successfully refinanced its debt and simplified its capital structure, which will enable the company to pursue its strategic growth initiatives in a stronger financial position.
Issuing Company CGG (Compagnie Générale de Géophysique)
Report Type Integrated Report
Report Language EN
Report Filesize 9.97 MB
No. of Pages 284 pages
Reporting period2020-2021
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI; SASB; UNSDGs
Materiality Assessmenttrue
