Diamond Offshore Sustainability Profile

In 2023, Diamond Offshore reported total carbon emissions of approximately 362,000,000 kg CO2e. This total comprises Scope 1 emissions of about 315,785,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 798,000 kg CO2e. Additionally, the company disclosed Scope 3 emissions, which totalled around 43,000,000 kg CO2e, with significant contributions from capital goods (about 36,266,000 kg CO2e) and purchased goods and services (approximately 56,078,000 kg CO2e). Despite these emissions figures, Diamond Offshore has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company operates as a current subsidiary of Diamond Offshore Drilling, Inc., which may influence its emissions reporting and climate strategies. In 2022, the company reported total emissions of approximately 319,822,000 kg CO2e, with Scope 1 emissions at about 318,881,000 kg CO2e and Scope 2 emissions of approximately 941,000 kg CO2e. The lack of Scope 3 data for that year suggests a growing focus on comprehensive emissions reporting in subsequent years. Overall, while Diamond Offshore has made strides in emissions disclosure, further clarity on reduction commitments and strategies would enhance its climate accountability.