Diamond Offshore Sustainability Profile
Diamond Offshore Drilling, Inc., commonly referred to as Diamond Offshore, is a leading provider of offshore drilling services headquartered in the United States. Established in 1953, the company has built a strong reputation in the oil and gas industry, particularly in regions such as the Gulf of Mexico, Brazil, and the North Sea. Specialising in the operation of offshore drilling rigs, Diamond Offshore offers a diverse fleet that includes semi-submersibles and jack-up rigs, known for their advanced technology and operational efficiency. The company is recognised for its commitment to safety and environmental stewardship, setting industry standards in these critical areas. With decades of experience, Diamond Offshore has achieved significant milestones, positioning itself as a key player in the global offshore drilling market. Its innovative approach and robust service offerings continue to meet the evolving needs of energy companies worldwide.
DitchCarbon Score
How does Diamond Offshore'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 Salt and Mineral Mining 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
Diamond Offshore's score of 34 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Diamond Offshore's reported carbon emissions
In 2023, Diamond Offshore reported total carbon emissions of approximately 362,785,000 kg CO2e, comprising 315,785,000 kg CO2e from Scope 1 emissions (stationary combustion), 798,000 kg CO2e from Scope 2 emissions, and 46,000,000 kg CO2e from Scope 3 emissions, which includes categories such as capital goods and business travel. This represents a slight increase in Scope 1 emissions from 2022, where they recorded approximately 318,881,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives as part of its climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. Additionally, emissions data is cascaded from its parent company, Diamond Offshore Drilling, Inc., indicating a corporate family relationship that influences its reporting. Overall, while Diamond Offshore has made strides in emissions reporting, the absence of defined reduction targets highlights an area for potential improvement in its climate strategy.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 318,881,000 | 000,000,000 |
| Scope 2 | 941,000 | 000,000 |
| Scope 3 | - | 000,000,000 |
How Carbon Intensive is Diamond Offshore's Industry?
How Carbon Intensive is Diamond Offshore's Location?
Diamond Offshore's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 24% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 55% of Scope 3 emissions.
Top Scope 3 Categories
Diamond Offshore'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.
Diamond Offshore 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.
