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 7 is lower than 55% 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 2022, ADES Holding Company reported total carbon emissions of approximately 407,315,000 kg CO2e for Scope 1 and about 1,356,000 kg CO2e for Scope 2, totalling around 408,671,000 kg CO2e. This reflects a significant increase from 2021, when emissions were approximately 326,285,000 kg CO2e for Scope 1 and about 1,499,000 kg CO2e for Scope 2, resulting in a total of around 327,784,000 kg CO2e. In 2020, the company recorded approximately 103,193,000 kg CO2e for Scope 1 and about 1,410,000 kg CO2e for Scope 2, leading to a total of around 104,603,000 kg CO2e. ADES Holding has set ambitious reduction targets, aiming to decrease its Scope 1 emissions by 30% from 2021 levels by 2030. This translates to a target of reducing emissions to approximately 227,699,500 kg CO2e. Similarly, the company plans to cut its Scope 2 emissions by 30% from 2021 levels by 2030, targeting a reduction to about 1,049,300 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. ADES Holding's commitment to reducing its carbon footprint aligns with industry standards and reflects a proactive approach to climate change mitigation.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 102,193,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,410,000 | 0,000,000 | 0,000,000 |
| 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.
