Weatherford International plc, commonly known as Weatherford, is a leading global provider of oilfield services headquartered in the United States. Founded in 1941, the company has established a strong presence in key operational regions, including North America, Latin America, Europe, the Middle East, and Africa. Specialising in the oil and gas industry, Weatherford offers a comprehensive range of products and services, including drilling, evaluation, completion, production, and intervention solutions. Their innovative technologies and commitment to safety set them apart in a competitive market. With a focus on enhancing operational efficiency and maximising resource recovery, Weatherford has achieved significant milestones, solidifying its position as a trusted partner for energy companies worldwide. The company continues to drive advancements in the industry, contributing to sustainable energy practices and operational excellence.
How does Weatherford'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.
Mean score of companies in the Gas/Diesel Oil 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.
Weatherford's score of 12 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Weatherford reported total Scope 1 emissions of approximately 63,050,000,000 kg CO2e. This figure represents a significant commitment to reducing greenhouse gas emissions, as the company aims to achieve Net-Zero emissions for both Scope 1 and Scope 2 by 2050. Weatherford's emissions data from 2019 indicates that Scope 1 emissions were about 77,306,000,000 kg CO2e, while Scope 2 emissions totalled approximately 116,153,000,000 kg CO2e. This data highlights a substantial reduction in emissions intensity, with a reported decrease of over 24% in Scope 1 and 2 greenhouse gas intensity to 36.7 metric tons per million dollars of revenue by 2022, compared to the 2019 baseline. The company has not disclosed any Scope 3 emissions data, and its climate commitments are primarily focused on direct emissions (Scope 1) and indirect emissions from energy consumption (Scope 2). Weatherford's initiatives reflect a proactive approach to sustainability within the oil and gas sector, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2023 | |
---|---|---|
Scope 1 | 77,306,000,000 | 00,000,000,000 |
Scope 2 | 116,153,000,000 | - |
Scope 3 | - | - |
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.
Weatherford 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.