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Crude Oil Extraction
US
updated 9 days ago

Vantage Drilling Company

Company website

Vantage Drilling Company, a prominent player in the offshore drilling industry, is headquartered in the United States. Founded in 2007, the company has rapidly established itself as a leader in providing high-performance drilling services across key operational regions, including the Gulf of Mexico, South America, and Southeast Asia. Specialising in advanced drilling technologies, Vantage Drilling offers a fleet of modern, high-specification drilling rigs that are designed for efficiency and safety. Their commitment to innovation and operational excellence has garnered recognition within the industry, positioning them as a reliable partner for major oil and gas companies. With a focus on sustainability and performance, Vantage Drilling continues to achieve significant milestones, reinforcing its status as a trusted name in offshore drilling solutions.

DitchCarbon Score

How does Vantage Drilling Company'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.

3

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.

7

Industry Benchmark

Vantage Drilling Company's score of 3 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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Vantage Drilling Company's reported carbon emissions

In 2021, Vantage Drilling Company reported total carbon emissions of approximately 37,000,000 kg CO2e, encompassing Scope 1 and 2 emissions. The company has not disclosed any Scope 3 emissions data. Currently, there are no specific reduction targets or climate pledges outlined in their sustainability initiatives. Furthermore, Vantage Drilling does not inherit emissions data from any parent or related organizations, indicating that their reported figures are solely their own. As a company headquartered in the US, Vantage Drilling is positioned within an industry increasingly focused on addressing climate change, yet it has yet to establish formal commitments to reduce its carbon footprint.

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2021
Scope 1
-
Scope 2
-
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vantage Drilling Company's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Vantage Drilling Company is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Vantage Drilling Company is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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