Helmerich & Payne, Inc. (H&P) is a prominent player in the other business services sector, headquartered in the United States. Founded in 1920, the company has established itself as a leader in drilling services, particularly in the oil and gas industry, with significant operations across North America and internationally.
H&P is renowned for its innovative drilling technologies and advanced rig designs, which enhance operational efficiency and safety. The company’s commitment to sustainability and environmental stewardship sets it apart in a competitive market. With a strong focus on customer service and operational excellence, Helmerich & Payne has achieved notable milestones, including a robust fleet of high-performance rigs and a reputation for reliability.
As a key provider of contract drilling services, Helmerich & Payne continues to solidify its market position, making it a trusted partner for energy companies worldwide.
-7 vs industry average
Helmerich & Payne’s score of 26 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Helmerich & Payne?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Helmerich & Payne's reported carbon emissions
Helmerich & Payne, an Other business services company based in the US, reported approximately 1.186 billion kg CO2e in Scope 1 and 2 emissions for 2023. This figure breaks down to about 1.142 billion kg CO2e for Scope 1 and approximately 46.3 million kg CO2e for Scope 2 (market-based).
In 2022, the company's Scope 1 and 2 emissions totalled approximately 1.117 billion kg CO2e, comprising about 1.08 billion kg CO2e of Scope 1 and approximately 37.3 million kg CO2e of Scope 2 (location-based).
For 2021, Helmerich & Payne's Scope 1 and 2 emissions were around 741 million kg CO2e, with Scope 1 accounting for about 735 million kg CO2e and Scope 2 (location-based) at approximately 6.3 million kg CO2e.
Helmerich & Payne has set reduction targets, including a commitment to reduce Scope 1 and 2 greenhouse gas (GHG) emissions per 1,000 feet drilled by 5% between 2021 and 2022. The company also reported a 17% decrease in its Scope 2 footprint from 2018 to 2021. While Scope 1 and 2 emissions data are available for recent years, Scope 3 emissions data were not disclosed for the periods reported, with missing data points including purchased goods and services, business travel, and employee commute.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Helmerich & Payne’s Climate Goals (2030 & 2050)
2 goals2021
17% reduction in Scope 2
We also track our Scope 2 emissions, and, in fiscal 2021, we have decreased our Scope 2 footprint by 17% from 2018.
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.
See all 2 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisationsNo peer comparison is available for Helmerich & Payne yet.
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project