Public Profile

Weatherford

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.

DitchCarbon Score

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.

10

Industry Average

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.

12

Industry Benchmark

Weatherford's score of 10 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.

50%

Weatherford's reported carbon emissions

In 2023, Weatherford reported total greenhouse gas emissions of approximately 77306000 kg CO2e for Scope 1, 116153000 kg CO2e for Scope 2, and a significant 840000000 kg CO2e for Scope 3 emissions. This total includes various categories such as purchased goods and services (595578000 kg CO2e), employee commute (38902000 kg CO2e), and business travel (20942000 kg CO2e). The company has demonstrated a commitment to reducing its carbon footprint, with a Scope 1 and 2 greenhouse gas emissions intensity of 0.0303 kg CO2e per USD of revenue in 2023, compared to 0.0367 kg CO2e per USD in 2022. This indicates a positive trend towards emissions reduction relative to revenue generation. While specific reduction targets have not been disclosed, Weatherford's ongoing efforts reflect an awareness of climate impact and a commitment to sustainability within the oil and gas sector. The company continues to engage in initiatives aimed at improving its environmental performance and addressing climate change challenges.

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2023
Scope 1
77,306,000
Scope 2
116,153,000
Scope 3
955,451,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Weatherford's primary industry is Gas/Diesel Oil, 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. Weatherford is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

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.

Weatherford is committed to some reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers