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.
-5 vs industry average
Borr Drilling’s score of 21 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Construction Work has typical carbon intensity
Industry performance
The Construction Work industry has reduced its overall emissions by 33% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Borr Drilling's reported carbon emissions
In 2023, Borr Drilling reported total carbon emissions of approximately 375.9 million kg CO2e. This figure includes Scope 1 emissions of about 281.2 million kg CO2e, primarily from stationary combustion and fugitive emissions, Scope 2 emissions of approximately 168,000 kg CO2e, and Scope 3 emissions totalling about 94.6 million kg CO2e, which encompasses business travel, waste generated in operations, and fuel and energy-related activities. Comparatively, in 2022, the company recorded total emissions of approximately 317.6 million kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 shows Scope 1 emissions at about 238.3 million kg CO2e, Scope 2 emissions at approximately 139,000 kg CO2e, and Scope 3 emissions at around 79.2 million kg CO2e. Borr Drilling has not set specific reduction targets or initiatives as part of its climate commitments, and there are no documented climate pledges or SBTi (Science Based Targets initiative) targets. The company operates independently without cascading emissions data from a parent organisation, ensuring that its reported figures reflect its own operational impact. Overall, Borr Drilling's emissions data highlights the ongoing challenges in reducing carbon footprints within the drilling industry, as the company continues to assess its environmental impact and explore potential strategies for improvement.
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Borr Drilling’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Borr Drilling yet.
Scope 3 top emissions categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Borr Drilling
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