Weatherford International plc, commonly known as Weatherford, is a leading global provider of oilfield services headquartered in the United States. Founded in 1941, the company has established a strong presence in key operational regions, including North America, Latin America, Europe, the Middle East, and Africa. Specialising in the oil and gas industry, Weatherford offers a comprehensive range of products and services, including drilling, evaluation, completion, production, and intervention solutions. Their innovative technologies and commitment to safety set them apart in a competitive market. With a focus on enhancing operational efficiency and maximising resource recovery, Weatherford has achieved significant milestones, solidifying its position as a trusted partner for energy companies worldwide. The company continues to drive advancements in the industry, contributing to sustainable energy practices and operational excellence.
How does Weatherford's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Weatherford's score of 10 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Weatherford reported total carbon emissions of approximately 77306000 kg CO2e for Scope 1, 116153000 kg CO2e for Scope 2, and 855000000 kg CO2e for Scope 3 emissions. This data highlights the company's comprehensive approach to tracking its greenhouse gas emissions across all scopes, including significant contributions from purchased goods and services (595578000 kg CO2e) and employee commuting (38902000 kg CO2e). In previous years, Weatherford's emissions intensity for Scope 1 and 2 was approximately 0.0367 kg CO2e per USD in 2022 and 0.0148 kg CO2e per USD in 2019, indicating a shift in emissions relative to revenue. However, there are currently no disclosed reduction targets or climate pledges from the company, suggesting a need for more defined commitments towards reducing their carbon footprint. Overall, Weatherford's emissions data reflects the challenges faced by the oil and gas industry in managing carbon emissions, while the absence of specific reduction initiatives indicates an opportunity for the company to enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2023 | |
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Scope 1 | 77,306,000 |
Scope 2 | 116,153,000 |
Scope 3 | 955,451,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Weatherford is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.