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 418.7 million kg CO2e. This figure includes Scope 1 emissions of about 315.8 million kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 798,000 kg CO2e. The company also disclosed Scope 3 emissions, which totalled about 102.1 million kg CO2e, encompassing categories such as capital goods, business travel, and purchased goods and services. In 2022, Diamond Offshore's total emissions were approximately 319.8 million kg CO2e, with Scope 1 emissions at about 318.9 million kg CO2e and Scope 2 emissions at approximately 941,000 kg CO2e. Notably, there is no available data for Scope 3 emissions for that year. Despite the significant emissions figures, Diamond Offshore has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions data is cascaded from its parent company, Diamond Offshore Drilling, Inc., reflecting the company's current subsidiary status within the corporate family. Overall, while Diamond Offshore has made strides in transparency regarding its emissions, further commitments to reduction targets would enhance 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.
