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 7 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Archer's reported carbon emissions
In 2023, Archer reported total carbon emissions of approximately 60,940,000 kg CO2e, with Scope 1 emissions accounting for about 60,170,000 kg CO2e and Scope 2 emissions at approximately 770,000 kg CO2e. This marks a slight increase from 2022, where total emissions were about 58,608,000 kg CO2e. Over the years, Archer has shown a trend of fluctuating emissions, with 2018 emissions recorded at approximately 78,890,000 kg CO2e, which included about 77,894,000 kg CO2e from Scope 1 and 996,000 kg CO2e from Scope 2. By 2021, emissions had decreased to approximately 54,392,000 kg CO2e, indicating a significant reduction from earlier years. Despite these fluctuations, Archer 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 disclose emissions data across Scopes 1 and 2, but there is no available data for Scope 3 emissions. Archer's headquarters is located in BM, and the company operates within a global context, contributing to the ongoing dialogue around corporate responsibility and climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 77,894,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 996,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | - | 000,000 | 000,000 | 000,000 | - | - |
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 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.
