Public Profile

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.

24

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.

12

Industry Benchmark

Nabors Industries's score of 24 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Nabors Industries's reported carbon emissions

In 2023, Nabors Industries reported total carbon emissions of approximately 1,076,371,000 kg CO2e for Scope 1 and 6,817,000 kg CO2e for Scope 2, alongside 21,938,470 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, covering all three scopes of greenhouse gas emissions. 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. Notably, there was a reduction in Scope 1 emissions from 2021, which were approximately 1,011,505,000 kg CO2e, indicating a positive trend towards lowering their direct emissions. Despite these figures, Nabors Industries has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the oil and gas sector, which faces increasing scrutiny regarding carbon emissions and climate commitments. Overall, while Nabors Industries has made strides in emissions reporting, further commitments to reduction targets would enhance their sustainability profile in the industry.

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2020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nabors Industries's primary industry is Gas/Diesel Oil, which is very high 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. Nabors Industries is headquartered in BM, which we do not have grid emissions data for.

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 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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