Public Profile

Odfjell Drilling

Odfjell Drilling, a prominent player in the offshore drilling industry, is headquartered in Great Britain and operates extensively in key regions such as the North Sea and Brazil. Founded in 1973, the company has established itself as a leader in providing drilling services and well services, focusing on safety, efficiency, and environmental sustainability. With a diverse fleet of advanced drilling rigs and a commitment to innovative technologies, Odfjell Drilling stands out for its ability to deliver tailored solutions to meet the unique needs of its clients. The company has achieved significant milestones, including successful partnerships with major oil and gas operators, reinforcing its strong market position. Odfjell Drilling continues to be recognised for its operational excellence and dedication to advancing the offshore drilling sector.

DitchCarbon Score

How does Odfjell Drilling'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.

39

Industry Average

Mean score of companies in the Business Services 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.

4

Industry Benchmark

Odfjell Drilling's score of 39 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Odfjell Drilling's reported carbon emissions

In 2023, Odfjell Drilling reported a total of approximately 144,000,000 kg CO2e in carbon emissions, with no emissions recorded under Scope 1, 7,000 kg CO2e under Scope 2, and significant Scope 3 emissions amounting to about 143,000,000 kg CO2e. This includes 873,000 kg CO2e from business travel, 7,701,000 kg CO2e from employee commuting, and 136,889,000 kg CO2e from downstream leased assets. Over the years, Odfjell Drilling's emissions have fluctuated. In 2022, the company emitted approximately 151,000,000 kg CO2e, with Scope 1 emissions at 349,000 kg CO2e and Scope 2 at 5,000 kg CO2e. The Scope 3 emissions for that year were around 149,000,000 kg CO2e. In 2021, emissions were significantly lower, with total emissions of about 157,000,000 kg CO2e, primarily driven by Scope 3 emissions. Despite these figures, Odfjell Drilling has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the context of the drilling industry, which faces increasing pressure to reduce carbon footprints and enhance sustainability practices.

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201820192020202120222023
Scope 1
126,300,000
000,000,000
000,000,000
0,000,000
000,000
-
Scope 2
1,974,000
0,000,000
0,000,000
000,000
0,000
0,000
Scope 3
42,400
00,000
00,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Odfjell Drilling's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Odfjell Drilling is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Odfjell Drilling 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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