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 28 is higher than 60% 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 accounted for about 94,575,000 kg CO2e, encompassing indirect emissions from business travel, waste generated in operations, and fuel and energy-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. The increase in emissions from 2022 to 2023 reflects the company's operational scale and revenue growth, which reached approximately USD 771,600,000 in 2023. Borr Drilling has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded data from any parent organisation, and its emissions data is independently reported. As of now, there are no commitments to the Science Based Targets initiative (SBTi) or other formal climate pledges. Overall, Borr Drilling's emissions profile highlights the challenges faced by the drilling industry in managing carbon footprints while scaling operations.
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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 | - | - | - | 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.
