Dril Quip
Dril-Quip, Inc., a leading provider of advanced drilling and production equipment, is headquartered in the United States, with significant operations across key regions including the Gulf of Mexico, Brazil, and the North Sea. Founded in 1987, the company has established itself as a pivotal player in the oil and gas industry, specialising in subsea and surface equipment. Dril-Quip's core offerings include blowout preventers, subsea trees, and wellhead systems, all designed to enhance safety and efficiency in drilling operations. Their innovative technology and commitment to quality have positioned them as a trusted partner for major energy companies worldwide. With a strong market presence and a reputation for reliability, Dril-Quip continues to achieve notable milestones, reinforcing its status as a leader in the energy sector.
DitchCarbon Score
How does Dril Quip'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 Business Services 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
Dril Quip's score of 8 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Dril Quip's reported carbon emissions
In 2022, Dril Quip reported total carbon emissions of approximately 306,000,000 kg CO2e, comprising 4,080,000 kg CO2e from Scope 1, 4,534,000 kg CO2e from Scope 2 (market-based), and 301,675,000 kg CO2e from Scope 3 emissions. This marked a significant increase from previous years, with total emissions in 2021 reaching about 232,437,000 kg CO2e and in 2020 approximately 200,590,000 kg CO2e. Dril Quip's emissions data indicates a focus on Scope 1 and Scope 2 emissions, which together accounted for about 8,614,000 kg CO2e in 2022. However, the company has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry challenges in addressing carbon emissions effectively. Overall, while Dril Quip has made strides in reporting its emissions, the absence of clear reduction strategies highlights an area for potential improvement in its climate commitments.
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Add to project| 2015 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 20,270,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 20,609,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
Dril Quip 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.
