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 Gas/Diesel Oil 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 34 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nabors Industries's reported carbon emissions
In 2023, Nabors Industries reported total carbon emissions of approximately 1,083,771,000 kg CO2e globally, comprising 1,076,371,000 kg CO2e from Scope 1 and 7,206,000 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions were reported at about 191,544,470 kg CO2e, with significant contributions from business travel and employee commuting. In 2022, the company recorded total emissions of around 1,203,213,000 kg CO2e, with Scope 1 emissions at 1,196,007,000 kg CO2e, Scope 2 emissions at 7,206,000 kg CO2e, and Scope 3 emissions reaching approximately 24,156,030 kg CO2e. This indicates a slight reduction in total emissions from 2022 to 2023. Nabors Industries has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact. Overall, Nabors Industries is actively engaged in tracking its carbon footprint, with a focus on reducing emissions in line with industry standards, although specific reduction strategies have not been detailed.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,085,215,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 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.
Nabors Industries is not participating in any of the initiatives that 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.
