Borr Drilling
Borr Drilling Limited, commonly referred to as Borr Drilling, is a prominent player in the offshore drilling industry, headquartered in BM. Founded in 2016, the company has rapidly established itself as a leader in providing high-quality drilling services across major operational regions, including the North Sea, Southeast Asia, and the Americas. Specialising in the development and operation of modern jack-up rigs, Borr Drilling distinguishes itself through its commitment to efficiency and safety. The company’s fleet is designed to meet the evolving demands of the energy sector, ensuring reliable performance in diverse environments. With a strong market position, Borr Drilling has achieved significant milestones, including the successful deployment of its rigs in various high-profile projects, solidifying its reputation as a trusted partner in the offshore drilling landscape.
DitchCarbon Score
How does Borr Drilling'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 Construction Work 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
Borr Drilling's score of 31 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Borr Drilling's reported carbon emissions
In 2023, Borr Drilling reported total carbon emissions of approximately 375,930,000 kg CO2e. This figure includes 281,187,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 168,000 kg CO2e from Scope 2 emissions, related to purchased electricity. Additionally, Scope 3 emissions totalled about 94,575,000 kg CO2e, encompassing indirect emissions from activities such as business travel and fuel-related activities. Comparatively, in 2022, Borr Drilling's total emissions were about 317,642,000 kg CO2e, with Scope 1 emissions at 238,323,000 kg CO2e and Scope 2 emissions at 139,000 kg CO2e. This indicates a significant increase in emissions year-on-year, highlighting the challenges faced in reducing carbon footprints within the drilling sector. Borr Drilling has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting and sustainability efforts. Overall, Borr Drilling's emissions profile reflects the complexities of the drilling industry, where operational demands can lead to substantial carbon outputs. The company continues to navigate its climate commitments without formal reduction targets at this time.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 104,952,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,266,000 | 000,000 | 000,000 | - | 000,000 | 000,000 |
| Scope 3 | - | - | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Borr Drilling 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.
