Public Profile

McDermott

McDermott International, Inc., commonly known as McDermott, is a leading global provider of integrated engineering, procurement, construction, and installation (EPCI) services for the energy sector. Headquartered in the United States, the company operates extensively across key regions, including North America, the Middle East, and Asia-Pacific. Founded in 1923, McDermott has achieved significant milestones, including the successful execution of major offshore and onshore projects. The company is renowned for its innovative solutions in subsea, offshore, and onshore facilities, setting it apart in a competitive market. With a strong focus on safety and sustainability, McDermott has established itself as a trusted partner in the energy industry, consistently delivering high-quality services that meet the evolving needs of its clients.

DitchCarbon Score

How does McDermott'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.

25

Industry Average

Mean score of companies in the Construction Work 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.

20

Industry Benchmark

McDermott's score of 25 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

McDermott's reported carbon emissions

In 2023, McDermott reported total carbon emissions of approximately 194,538,000 kg CO2e, comprising 183,301,000 kg CO2e from Scope 1 and about 11,237,000 kg CO2e from Scope 2 emissions. The company has demonstrated a commitment to reducing its carbon footprint, with a notable decrease in total emissions from 252,809,000 kg CO2e in 2020 to the current figure, reflecting ongoing efforts to enhance sustainability practices. Over the years, McDermott's emissions have shown fluctuations, with Scope 1 emissions peaking at 183,523,000 kg CO2e in 2020 and gradually decreasing to 183,301,000 kg CO2e in 2023. Scope 2 emissions also saw a reduction from 69,286,000 kg CO2e in 2020 to approximately 11,237,000 kg CO2e in 2023, indicating a significant shift towards more sustainable energy sources. Despite these reductions, McDermott has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its carbon intensity, particularly in its vessel operations, which have shown a decrease in carbon intensity from 5.76 kg CO2e per vessel in 2020 to 3.16 kg CO2e per vessel in 2023. Overall, McDermott's emissions data and ongoing commitment to sustainability reflect a proactive approach to addressing climate change, although further transparency regarding specific reduction targets would enhance their climate strategy.

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2020202120222023
Scope 1
183,523,000
000,000,000
000,000,000
000,000,000
Scope 2
69,286,000
00,000,000
00,000,000
00,000,000
Scope 3
60,529,000
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. McDermott's primary industry is Construction work (45), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. McDermott is headquartered in US, which has a rank of low, indicating low grid carbon 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.

McDermott 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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