Atwood Oceanics Inc. Sustainability Profile
Atwood Oceanics Inc., a prominent player in the offshore drilling industry, is headquartered in the United States. Founded in 1968, the company has established a strong presence in key operational regions, including the Gulf of Mexico and international markets. Atwood Oceanics is renowned for its advanced drilling rigs and innovative technologies, which enhance operational efficiency and safety in deepwater drilling. The company offers a range of services, including contract drilling and rig management, distinguished by its commitment to high standards and environmental responsibility. With a reputation for reliability and performance, Atwood Oceanics has achieved significant milestones, positioning itself as a leader in the competitive offshore drilling sector. Its focus on cutting-edge solutions and customer satisfaction continues to drive its success in the industry.
DitchCarbon Score
How does Atwood Oceanics Inc.'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
Atwood Oceanics Inc.'s score of 40 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Atwood Oceanics Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is part of a merged entity with Valaris Limited, which may influence its climate commitments and reporting practices. As of now, Atwood Oceanics has not established any documented reduction targets or climate pledges. This lack of specific initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Given the context of the industry, it is essential for Atwood Oceanics to align with broader climate commitments and reduction initiatives, particularly as the energy sector faces increasing scrutiny regarding carbon emissions and sustainability practices. The absence of reported emissions data and reduction targets highlights an opportunity for Atwood Oceanics to enhance its environmental accountability and contribute to global climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 970,569,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 14,489,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 51,627,000 | 00,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Atwood Oceanics Inc.'s Industry?
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Atwood Oceanics Inc.'s Scope 3 Categories Breakdown
Atwood Oceanics Inc.'s Scope 3 emissions, which decreased by 6% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 66% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 65% of Scope 3 emissions.
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Atwood Oceanics Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Atwood Oceanics Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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