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 62% 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 Scope 1 emissions of about 281,187,000 kg CO2e, primarily from stationary combustion and fugitive emissions, and Scope 2 emissions of approximately 168,000 kg CO2e. Additionally, the company recorded Scope 3 emissions of around 94,575,000 kg CO2e, with significant contributions from fuel and energy-related activities and upstream transportation and distribution. Comparatively, in 2022, Borr Drilling's total emissions were about 317,642,000 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 included Scope 1 emissions of approximately 238,323,000 kg CO2e, Scope 2 emissions of about 139,000 kg CO2e, and Scope 3 emissions of around 79,180,000 kg CO2e. Borr Drilling has not set specific reduction targets or initiatives as part of its climate commitments, and there are no reported SBTi (Science Based Targets initiative) reduction targets. The company’s emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and climate strategies. Overall, Borr Drilling's emissions reflect the challenges faced by the drilling industry in managing carbon outputs, and the absence of defined reduction targets suggests a need for enhanced climate action strategies moving forward.
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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.
