Cubility Sustainability Profile
Cubility, officially known as Cubility AS, is a leading provider of innovative drilling technology solutions, headquartered in Norway. Founded in 2010, the company has established a strong presence in the oil and gas industry, particularly in regions such as Europe, the Middle East, and North America. Cubility is renowned for its unique products, including the MudCube and CuttingsCube, which enhance drilling efficiency and reduce environmental impact. These advanced systems offer real-time data analytics and automated processes, setting them apart in a competitive market. With a commitment to sustainability and operational excellence, Cubility has achieved significant milestones, positioning itself as a trusted partner for major operators worldwide. The company continues to drive innovation, contributing to safer and more efficient drilling practices across the globe.
DitchCarbon Score
How does Cubility'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 Gas/Diesel Oil 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
Cubility's score of 10 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cubility's reported carbon emissions
In 2022, Cubility reported total carbon emissions of approximately 10,000,000,000 kg CO2e, comprising 7,124,000,000 kg CO2e from Scope 1, 3,608,000,000 kg CO2e from Scope 2, and 3,068,000,000 kg CO2e from Scope 3 emissions. This data reflects a significant increase in emissions compared to previous years, with 2021 emissions at 200,000 kg CO2e, primarily from Scope 1 (15,900 kg CO2e) and Scope 3 (184,000 kg CO2e). In 2020, emissions were notably higher, with Scope 1 at 11,113,000,000 kg CO2e, Scope 2 at 5,178,000,000 kg CO2e, and Scope 3 at 1,196,000,000 kg CO2e. Cubility has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company does not appear to inherit emissions data from a parent organisation, maintaining its own reporting standards. Overall, Cubility's emissions profile highlights the need for enhanced climate commitments and strategies to address its carbon footprint effectively.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 52,214,000,000 | 00,000,000,000 | 00,000 | 0,000,000,000 |
| Scope 2 | 5,916,000,000 | 0,000,000,000 | - | 0,000,000,000 |
| Scope 3 | 779,000,000 | 0,000,000,000 | 000,000 | 0,000,000,000 |
How Carbon Intensive is Cubility's Industry?
How Carbon Intensive is Cubility's Location?
Cubility's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cubility has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
