Precision Drilling Canada Limited Partnership Sustainability Profile
Precision Drilling Canada Limited Partnership, commonly known as Precision Drilling, is a leading provider of drilling and completions services in the oil and gas industry. Headquartered in Calgary, Alberta, the company operates extensively across Canada and the United States, focusing on key regions such as Western Canada and the Permian Basin. Founded in 1951, Precision Drilling has achieved significant milestones, including the development of advanced drilling technologies and a commitment to safety and efficiency. The company offers a range of core services, including contract drilling, well servicing, and technology solutions, distinguished by their innovative approach and state-of-the-art equipment. With a strong market position, Precision Drilling is recognised for its operational excellence and has received numerous industry accolades, solidifying its reputation as a trusted partner in the energy sector.
DitchCarbon Score
How does Precision Drilling Canada Limited Partnership'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
Precision Drilling Canada Limited Partnership's score of 18 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Precision Drilling Canada Limited Partnership currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is a current subsidiary of Precision Drilling Corporation, which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges from Precision Drilling Canada Limited Partnership. The absence of specific initiatives or targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Given the lack of direct emissions data and reduction initiatives, it is essential to consider the broader context of the industry. Many companies in the drilling sector are increasingly focusing on sustainability and reducing their carbon footprints, often aligning with frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, without specific commitments or data from Precision Drilling Canada Limited Partnership, it is challenging to assess their current standing in relation to industry standards. In summary, while Precision Drilling Canada Limited Partnership is part of a larger corporate family that may have climate initiatives, specific emissions data and reduction targets are currently unavailable.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 13,400,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 6,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Precision Drilling Canada Limited Partnership's Industry?
How Carbon Intensive is Precision Drilling Canada Limited Partnership's Location?
Precision Drilling Canada Limited Partnership'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.
Precision Drilling Canada Limited Partnership 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.
