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.

41

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.

25

Industry Benchmark

Odfjell Drilling's score of 41 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

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Odfjell Drilling's reported carbon emissions

In 2023, Odfjell Drilling reported total carbon emissions of approximately 144,000,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were 0 kg CO2e, Scope 2 emissions were about 7,000 kg CO2e, and Scope 3 emissions totalled approximately 144,000,000 kg CO2e, which included significant contributions from business travel (873,000 kg CO2e), employee commute (7,701,000 kg CO2e), downstream leased assets (136,889,000 kg CO2e), and upstream transportation and distribution (724,000 kg CO2e). In previous years, Odfjell Drilling's emissions were notably higher. For instance, in 2021, the company emitted approximately 157,000,000 kg CO2e, with Scope 1 emissions at about 7,142,000 kg CO2e and Scope 2 at 234,000 kg CO2e. The company has shown a significant reduction in Scope 1 and 2 emissions over the years, with Scope 1 emissions decreasing from 179,200,000 kg CO2e in 2020 to 0 kg CO2e in 2023. Despite these reductions, Odfjell Drilling has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to disclose its emissions data across all three scopes, indicating a commitment to transparency in its climate impact reporting.

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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. This request for Odfjell Drilling is in GB, which has a low grid carbon intensity relative to other regions.

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 participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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