Valaris Limited, a leading provider in the offshore drilling industry, is headquartered in Great Britain and operates extensively across key regions including the North Sea, the Gulf of Mexico, and the Middle East. Founded in 2019 through the merger of Ensco and Rowan Companies, Valaris has quickly established itself as a formidable player in the market, boasting a diverse fleet of advanced drilling rigs.
Specialising in both shallow and deep-water drilling services, Valaris is recognised for its commitment to safety, efficiency, and environmental stewardship. The company’s innovative approach to drilling technology and operational excellence has garnered numerous accolades, solidifying its position as a trusted partner in the energy sector. With a focus on delivering tailored solutions, Valaris continues to set benchmarks in the industry, driving progress and sustainability in offshore drilling.
+42 vs industry average
Valaris’s score of 57 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
The Crude Oil Extraction industry has reduced its overall emissions by 90% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Valaris's reported carbon emissions
In 2025, Valaris reported total carbon emissions of approximately 2.5 billion kg CO2e, comprising 641,228,000 kg CO2e from Scope 1, 1,976,000 kg CO2e from Scope 2, and 1,332,992,000 kg CO2e from Scope 3 emissions. This data reflects a commitment to transparency in emissions reporting, with a focus on all three scopes of emissions. Valaris has set ambitious climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2. The company is actively working towards this goal by striving for a path consistent with the Paris Agreement’s 1.5°C scenario, with specific targets developed for implementation by 2030. In recent years, Valaris has demonstrated a proactive approach to reducing its carbon footprint, with significant reductions noted in its emissions data. The company is on track to meet its near-term targets, particularly in Scope 2 emissions, while continuing to develop technology solutions that contribute positively to its climate objectives. Valaris's emissions data is not cascaded from any parent organization, ensuring that its commitments and performance are independently reported. The company remains dedicated to enhancing its sustainability practices and reducing its environmental impact in the oil and gas industry.
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Valaris’s Climate Goals (2030 & 2050)
4 goals2030
We will strive for a path consistent with the Paris Agreemen…
We will strive for a path consistent with the Paris Agreement’s 1.5°C scenario, develop targets and implement technology solutions that posi…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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