Nabors Industries Sustainability Profile
Nabors Industries Ltd., commonly referred to as Nabors, is a leading provider of advanced drilling solutions headquartered in Bermuda. Established in 1952, the company has grown to become a key player in the oil and gas industry, with significant operations across North America, the Middle East, and various international markets. Nabors specialises in drilling rigs, directional drilling, and integrated drilling services, offering innovative technologies that enhance operational efficiency and safety. Their commitment to sustainability and cutting-edge technology positions them uniquely in the competitive landscape. With a strong market presence, Nabors has achieved numerous milestones, including the development of automated drilling systems that optimise performance. The company continues to be recognised for its contributions to the energy sector, solidifying its reputation as a trusted partner in drilling operations worldwide.
DitchCarbon Score
How does Nabors Industries'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.
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.
Industry Benchmark
Nabors Industries's score of 23 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nabors Industries's reported carbon emissions
In 2024, Nabors Industries, headquartered in "BM", reported total carbon emissions of approximately 1,058,000,000 kg CO2e for Scope 1, 58,000,000 kg CO2e for Scope 2, and 216,000,000 kg CO2e for Scope 3. This brings their combined Scope 1 and 2 emissions to about 1,116,000,000 kg CO2e. In 2023, the company recorded emissions of about 1,076,000,000 kg CO2e for Scope 1, 7,467,000 kg CO2e for Scope 2, and 191,000,000 kg CO2e for Scope 3, resulting in a total of approximately 1,134,000,000 kg CO2e for Scope 1 and 2. Nabors Industries has not set specific reduction targets or initiatives as part of their climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The company’s emissions data is self-reported and does not appear to be cascaded from a parent or related organization. Overall, Nabors Industries is actively disclosing its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact, although specific reduction strategies have yet to be established.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,085,215,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Nabors Industries's Industry?
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Nabors Industries's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nabors Industries has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
