ADES Holding Company
ADES Holding Company, a leading provider in the oil and gas sector, is headquartered in Saudi Arabia (SA) and operates extensively across the Middle East and North Africa. Founded in 2011, ADES has rapidly established itself as a key player in drilling and production services, catering to both onshore and offshore markets. The company offers a diverse range of services, including drilling rigs, workover services, and integrated solutions, distinguished by their commitment to safety and operational efficiency. ADES's innovative approach and advanced technology have positioned it as a trusted partner for major oil and gas operators in the region. With a strong market presence and a focus on sustainable practices, ADES Holding Company continues to achieve significant milestones, reinforcing its reputation as a reliable and forward-thinking entity in the energy industry.
DitchCarbon Score
How does ADES Holding Company'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.
Industry Average
Mean score of companies in the Crude Oil Extraction 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.
Industry Benchmark
ADES Holding Company's score of 2 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ADES Holding Company's reported carbon emissions
In 2023, ADES Holding Company reported Scope 1 emissions of approximately 511,820,000 kg CO2e, a significant increase from about 406,315,000 kg CO2e in 2022 and about 325,285,000 kg CO2e in 2021. This upward trend highlights the company's ongoing challenges in managing its carbon footprint. To address its environmental impact, ADES has set ambitious reduction targets. The company aims to reduce its Scope 1 emissions by 30% from 2021 levels by the year 2030. This commitment reflects a proactive approach to climate action, aligning with industry standards for sustainability. Additionally, ADES has established a similar target for Scope 2 emissions, also aiming for a 30% reduction from 2021 levels by 2030. These targets demonstrate the company's dedication to improving its environmental performance and contributing to global climate goals. As of now, there is no data available regarding Scope 3 emissions, which often represent a significant portion of a company's overall carbon footprint. However, ADES's focus on Scope 1 and Scope 2 emissions indicates a strategic prioritisation of direct and indirect operational emissions. Overall, ADES Holding Company is taking steps towards reducing its carbon emissions, with clear targets set for the near future, reflecting a commitment to sustainability and climate responsibility.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 102,193,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - | - |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions 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.
ADES Holding Company 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.
