Nabors Industries
Nabors Industries Ltd., commonly referred to as Nabors, is a leading provider of advanced drilling solutions headquartered in Bermuda. Established in 1952, the company has grown to become a key player in the oil and gas industry, with significant operations across North America, the Middle East, and various international markets. Nabors specialises in drilling rigs, directional drilling, and integrated drilling services, offering innovative technologies that enhance operational efficiency and safety. Their commitment to sustainability and cutting-edge technology positions them uniquely in the competitive landscape. With a strong market presence, Nabors has achieved numerous milestones, including the development of automated drilling systems that optimise performance. The company continues to be recognised for its contributions to the energy sector, solidifying its reputation as a trusted partner in drilling operations worldwide.
DitchCarbon Score
How does Nabors Industries'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 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
Nabors Industries's score of 29 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nabors Industries's reported carbon emissions
In 2023, Nabors Industries reported total carbon emissions of approximately 1,083,710,000 kg CO2e for Scope 1, 6,817,000 kg CO2e for Scope 2, and 21,938,470 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, with a focus on reducing their carbon footprint across all scopes. In 2022, the company recorded emissions of about 1,196,007,000 kg CO2e for Scope 1, 5,921,000 kg CO2e for Scope 2, and 24,156,030 kg CO2e for Scope 3. This indicates a slight decrease in Scope 1 emissions from the previous year, where they were approximately 1,191,500,000 kg CO2e in 2021. Nabors has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. However, their ongoing efforts to monitor and report emissions suggest a recognition of the importance of addressing climate change within the industry. The company continues to evaluate its carbon intensity metrics, including emissions per revenue and work hour, to enhance sustainability practices. Overall, Nabors Industries is actively engaged in understanding and managing its carbon emissions, although specific reduction strategies or targets have not been outlined.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,085,215,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 |
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.
Nabors Industries is committed to some 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.
