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 marks a significant increase from 2019, when the company recorded Scope 1 emissions of about 77,306,000,000 kg CO2e and Scope 2 emissions of approximately 116,153,000,000 kg CO2e. Notably, Weatherford achieved a reduction in greenhouse gas intensity, decreasing by over 24% to 36.7 metric tons CO2e per million dollars of revenue from the 2019 baseline to 2022. Weatherford has committed to achieving Net-Zero greenhouse gas emissions for both Scope 1 and Scope 2 by 2050. This long-term target reflects the company's dedication to sustainability and aligns with industry standards for climate action. The commitment was formalised in 2023, with a clear roadmap set for the coming decades. The emissions data and reduction initiatives are sourced directly from Weatherford International plc, with no cascaded data from parent or related organisations. The company continues to focus on reducing its carbon footprint while maintaining operational efficiency.
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.