Archer
Archer, officially known as Archer Well Company, is a leading provider of innovative drilling solutions headquartered in BM. Established in 2018, the company has rapidly expanded its operations across key regions, including North America and Europe, positioning itself as a significant player in the oil and gas industry. Archer focuses on delivering advanced technologies and services that enhance drilling efficiency and reduce environmental impact. Their core offerings include well construction, intervention, and abandonment services, distinguished by their commitment to safety and sustainability. With a strong emphasis on research and development, Archer has achieved notable milestones, including the introduction of cutting-edge drilling techniques that optimise performance. As a result, the company has garnered recognition for its market leadership and dedication to driving innovation within the sector.
DitchCarbon Score
How does Archer'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
Archer's score of 4 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Archer's reported carbon emissions
In 2022, Archer reported total carbon emissions of approximately 57,791,000 kg CO2e, comprising about 57,791,000 kg CO2e from Scope 1 and about 817,000 kg CO2e from Scope 2 emissions. This represents a slight increase from 2021, where total emissions were about 54,392,000 kg CO2e, with Scope 1 emissions at approximately 53,466,000 kg CO2e and Scope 2 emissions at about 926,000 kg CO2e. Over the past few years, Archer has shown a trend of fluctuating emissions, with 2020 emissions recorded at about 40,722,000 kg CO2e, down from approximately 72,633,000 kg CO2e in 2019. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Despite the lack of specific reduction targets or initiatives documented, Archer's emissions data reflects their ongoing commitment to monitoring and managing their carbon footprint. The absence of formal climate pledges or science-based targets suggests that Archer may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 77,894,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 996,000 | 000,000 | 000,000 | 000,000 | 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.
Archer 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.
