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Borr Drilling Limited, commonly referred to as Borr Drilling, is a prominent player in the construction work sector, specifically focusing on offshore drilling services. Headquartered in BM, the company operates extensively in key regions including the North Sea, the Gulf of Mexico, and Southeast Asia. Founded in 2016, Borr Drilling has rapidly established itself as a leader in the industry, known for its innovative approach to drilling operations.
The company offers a diverse range of services, including the provision of modern jack-up rigs and drilling management solutions, which are distinguished by their efficiency and advanced technology. Borr Drilling's commitment to safety and operational excellence has earned it a strong market position, with notable achievements in project delivery and client satisfaction. As a forward-thinking entity in the construction work industry, Borr Drilling continues to set benchmarks for quality and reliability in offshore drilling.
-7 vs industry average
Borr Drilling’s score of 17 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Construction Work has above-average carbon intensity
The Construction Work industry has reduced its overall emissions by 39% since 2018
Scope 3 accounts for ••• of total emissions.
Borr Drilling, headquartered in BM, reported total emissions of approximately 375.9 million kg CO2e in 2023. This includes about 281.2 million kg CO2e from Scope 1, approximately 168,000 kg CO2e from Scope 2 (market-based), and around 94.6 million kg CO2e from Scope 3.
Their 2023 Scope 1 emissions include about 4.5 million kg CO2e from fugitive emissions and 1,000 kg CO2e from stationary combustion. Key Scope 3 categories contributing to their 2023 emissions were approximately 6.8 million kg CO2e from business travel, around 891,000 kg CO2e from waste generated in operations, about 66.6 million kg CO2e from fuel and energy-related activities, and approximately 20.3 million kg CO2e from upstream transportation and distribution. The company has disclosed Scope 1, Scope 2, and Scope 3 emissions for 2023.
In 2022, Borr Drilling's total emissions were approximately 317.6 million kg CO2e, comprising about 238.3 million kg CO2e from Scope 1, around 139,000 kg CO2e from Scope 2 (market-based), and roughly 79.2 million kg CO2e from Scope 3.
For 2021, the company's total emissions stood at approximately 171.7 million kg CO2e, with about 163.3 million kg CO2e from Scope 1, approximately 0 kg CO2e from Scope 2 (market-based), and around 8.4 million kg CO2e from Scope 3.
In 2020, Borr Drilling reported total emissions of approximately 212.6 million kg CO2e, consisting of about 170.0 million kg CO2e from Scope 1, approximately 114,700 kg CO2e from Scope 2, and around 42.4 million kg CO2e from Scope 3.
No specific emissions reduction targets or climate pledges were identified for Borr Drilling.
No climate goals have been disclosed for Borr Drilling yet.
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