Independence Contract Drilling Sustainability Profile
Independence Contract Drilling, often referred to as ICD, is a prominent player in the oil and gas industry, headquartered in the United States. Founded in 2011, the company has rapidly established itself as a leader in providing high-performance contract drilling services, primarily in key regions such as the Permian Basin and the Eagle Ford Shale. ICD offers a unique fleet of technologically advanced drilling rigs, designed to enhance operational efficiency and reduce costs for its clients. The company’s commitment to innovation and safety has earned it a strong market position, with notable achievements in operational excellence and customer satisfaction. As a trusted partner in the energy sector, Independence Contract Drilling continues to drive progress in the industry while maintaining a focus on sustainable practices.
DitchCarbon Score
How does Independence Contract Drilling'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
Independence Contract Drilling's score of 27 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Independence Contract Drilling's reported carbon emissions
In 2022, Independence Contract Drilling reported total carbon emissions of approximately 12,000,000 kg CO2e for Scope 1, 22,000,000 kg CO2e for Scope 2, and 32,000,000 kg CO2e for Scope 3. This data reflects a slight increase in emissions across all scopes compared to 2021, where emissions were about 10,000,000 kg CO2e for Scope 1, 20,000,000 kg CO2e for Scope 2, and 30,000,000 kg CO2e for Scope 3. Despite the increase in emissions, Independence Contract Drilling has not publicly disclosed any specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded emissions data from a parent organisation, indicating that their reported figures are independently sourced. Independence Contract Drilling's emissions profile highlights the challenges faced by the drilling industry in managing carbon footprints, particularly in Scope 3 emissions, which often represent the largest share of total emissions. The company’s commitment to addressing climate change remains unclear, as no formal climate pledges or reduction targets have been established.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 10,000,000 | 00,000,000 |
| Scope 2 | 20,000,000 | 00,000,000 |
| Scope 3 | 30,000,000 | 00,000,000 |
How Carbon Intensive is Independence Contract Drilling's Industry?
How Carbon Intensive is Independence Contract Drilling's Location?
Independence Contract Drilling'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.
Independence Contract Drilling 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.
