Odfjell Drilling Sustainability Profile
Odfjell Drilling, a prominent player in the offshore drilling industry, is headquartered in Great Britain and operates extensively in key regions such as the North Sea and Brazil. Founded in 1973, the company has established itself as a leader in providing drilling services and well services, focusing on safety, efficiency, and environmental sustainability. With a diverse fleet of advanced drilling rigs and a commitment to innovative technologies, Odfjell Drilling stands out for its ability to deliver tailored solutions to meet the unique needs of its clients. The company has achieved significant milestones, including successful partnerships with major oil and gas operators, reinforcing its strong market position. Odfjell Drilling continues to be recognised for its operational excellence and dedication to advancing the offshore drilling sector.
DitchCarbon Score
How does Odfjell Drilling'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 Business Services 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
Odfjell Drilling's score of 45 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Odfjell Drilling's reported carbon emissions
In 2025, Odfjell Drilling reported total carbon emissions of approximately 60,334,000 kg CO2e across all scopes. This includes 506,000 kg CO2e from Scope 1, 157,000 kg CO2e from Scope 2, and a significant 60,334,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions are primarily driven by downstream leased assets, which account for about 37,436,000 kg CO2e. For the year 2024, Odfjell Drilling's emissions were reported at approximately 309,903,000 kg CO2e in the UK, with Scope 1 emissions at 995,000 kg CO2e and Scope 2 emissions at 161,000 kg CO2e. The Scope 3 emissions for this year were substantial, reflecting the company's extensive operational footprint. Odfjell Drilling has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company plans to achieve a 30% reduction in both Scope 1 and Scope 2 emissions from a 2020 baseline by 2030. These targets are part of their broader strategy to enhance operational efficiency and contribute to a zero-emission drilling vision. The emissions data is cascaded from Odfjell Drilling Ltd., reflecting the company's commitment to transparency and accountability in its climate initiatives.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 126,300,000 | 000,000,000 | 000,000,000 | - | - | - | 000,000 |
| Scope 2 | 393,000 | 0,000,000 | 000,000 | 000,000 | 0,000 | - | 0,000 |
| Scope 3 | 50,400 | 00,000 | 00,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Odfjell Drilling's Industry?
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Odfjell Drilling's Scope 3 Categories Breakdown
Odfjell Drilling's Scope 3 emissions, which increased by 3% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 93% of Scope 3 emissions.
Top Scope 3 Categories
Odfjell Drilling'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.
Odfjell Drilling 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.
