Ocean Rig UDW Inc. Sustainability Profile
Ocean Rig UDW Inc., a prominent player in the offshore drilling industry, is headquartered in Cyprus (CY) and operates primarily in deepwater and ultra-deepwater regions globally. Founded in 2007, the company has established itself as a leader in providing high-specification drilling services to major oil and gas companies. Specialising in the operation of advanced drillships and semi-submersible rigs, Ocean Rig UDW Inc. is recognised for its commitment to safety, efficiency, and technological innovation. The company’s fleet is equipped with state-of-the-art technology, enabling it to tackle complex drilling challenges in some of the world's most demanding environments. With a strong market position, Ocean Rig UDW Inc. has achieved significant milestones, including successful contracts in key regions such as the Gulf of Mexico and offshore West Africa. Its reputation for reliability and performance continues to set it apart in the competitive offshore drilling sector.
DitchCarbon Score
How does Ocean Rig UDW Inc.'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 Crude Oil Extraction 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
Ocean Rig UDW Inc.'s score of 3 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Ocean Rig UDW Inc. does not report specific carbon emissions figures, indicating a lack of publicly disclosed emissions data. The company is a current subsidiary of Transocean Ltd., which may influence its climate-related initiatives and reporting practices. Ocean Rig UDW Inc. has not set any documented reduction targets or climate pledges, nor does it appear to have cascaded any specific science-based targets from its parent company. The absence of emissions data and reduction commitments suggests that the company may still be developing its climate strategy or aligning with broader industry standards. In the context of the offshore drilling sector, companies are increasingly focusing on reducing their carbon footprints and enhancing sustainability practices. Ocean Rig UDW Inc. may benefit from the initiatives and performance metrics of Transocean Ltd., which could provide a framework for future emissions reporting and climate commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 1,419,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 00,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | - | - | 00,000,000 |
How Carbon Intensive is Ocean Rig UDW Inc.'s Industry?
How Carbon Intensive is Ocean Rig UDW Inc.'s Location?
Ocean Rig UDW Inc.'s Scope 3 Categories Breakdown
Ocean Rig UDW Inc.'s Scope 3 emissions, which decreased by 27% last year and decreased by approximately 27% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Ocean Rig UDW Inc.'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.
Ocean Rig UDW Inc. 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.
