Public Profile

Caspian Drilling Company Ltd.

Caspian Drilling Company Ltd., often referred to as Caspian Drilling, is a prominent player in the oil and gas industry, headquartered in Azerbaijan (AZ). Established in 2007, the company has rapidly evolved, focusing on offshore drilling operations in the Caspian Sea and other key regions. Specialising in drilling services, Caspian Drilling is recognised for its advanced technology and commitment to safety, which sets it apart in a competitive market. The company’s fleet includes state-of-the-art drilling rigs, enabling efficient and reliable operations. With a strong market position, Caspian Drilling has achieved significant milestones, including successful partnerships and projects that underscore its expertise and reliability in the sector. As a leader in the industry, Caspian Drilling Company Ltd. continues to drive innovation and excellence in drilling services.

DitchCarbon Score

How does Caspian Drilling Company Ltd.'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.

23

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Caspian Drilling Company Ltd.'s score of 23 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

Caspian Drilling Company Ltd.'s reported carbon emissions

Caspian Drilling Company Ltd., headquartered in Azerbaijan (AZ), reported significant carbon emissions in 2011, totalling approximately 3,892,500,000 kg CO2e for Scope 1 emissions, 600,000 kg CO2e for Scope 2 emissions, and about 4,177,000,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions included substantial contributions from purchased goods and services (approximately 4,177,000,000 kg CO2e) and waste generated in operations (about 200,000,000 kg CO2e). Despite the high emissions figures, there are currently no specified reduction targets or climate pledges from Caspian Drilling Company Ltd. This lack of formal commitments highlights a potential area for improvement in their climate strategy, especially in the context of increasing industry pressure to reduce greenhouse gas emissions and enhance sustainability practices.

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2011
Scope 1
3,892,500,000
Scope 2
600,000
Scope 3
4,177,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Caspian Drilling Company Ltd.'s primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Caspian Drilling Company Ltd. is headquartered in AZ, which has a rank of medium, indicating medium grid carbon 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.

Caspian Drilling Company Ltd. is not committed to any reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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