Precision Drilling (US) Corporation Sustainability Profile
Precision Drilling (US) Corporation, a leading player in the oil and gas industry, is headquartered in the United States and operates extensively across North America. Founded in 1951, the company has established itself as a premier provider of drilling services and equipment, focusing on both onshore and offshore operations. Specialising in contract drilling and completion services, Precision Drilling is renowned for its advanced technology and innovative solutions that enhance operational efficiency. The company’s commitment to safety and sustainability sets it apart in a competitive market, making it a preferred choice for major energy producers. With a strong market position, Precision Drilling has achieved significant milestones, including the deployment of state-of-the-art drilling rigs and a robust fleet that supports diverse drilling projects. Its reputation for reliability and excellence continues to drive its success in the evolving energy landscape.
DitchCarbon Score
How does Precision Drilling (US) Corporation'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 (US) Corporation's score of 18 is higher than 50% 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 (US) Corporation currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Precision Drilling Corporation, which may influence its climate commitments and performance metrics. As of now, there are no documented reduction targets or climate pledges from Precision Drilling (US) Corporation. The absence of specific initiatives or targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the lack of emissions data and reduction initiatives, it is essential to note that the broader industry context is increasingly focused on reducing carbon footprints and enhancing sustainability practices. Companies in the drilling sector are under pressure to align with global climate goals, which often include commitments to reduce Scope 1, 2, and 3 emissions. In summary, while Precision Drilling (US) Corporation does not currently report specific emissions data or reduction targets, its affiliation with Precision Drilling Corporation may provide a framework for future climate commitments and initiatives.
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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 (US) Corporation's Industry?
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Precision Drilling (US) Corporation'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 (US) Corporation has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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