Nabors Industries

Nabors Industries, headquartered in Bermuda (BM), a leading company in the Gas/Diesel Oil industry, reported its 2024 carbon emissions as approximately 1,057,668,000 kg CO2e for Scope 1, 58,024,000 kg CO2e for Scope 2, and 216,356,900 kg CO2e for Scope 3.

In 2023, the company's Scope 1 emissions were approximately 1,076,371,000 kg CO2e, Scope 2 emissions were about 7,467,000 kg CO2e, and Scope 3 emissions were approximately 191,544,470 kg CO2e. For 2022, Nabors Industries reported Scope 1 emissions of approximately 1,196,007,000 kg CO2e and Scope 2 emissions of about 7,206,000 kg CO2e. In 2021, Scope 1 emissions were approximately 1,011,505,000 kg CO2e, and Scope 2 (location-based) emissions were about 4,022,760 kg CO2e. For 2020, Scope 1 emissions stood at approximately 1,085,215,000 kg CO2e.

Nabors Industries has set near-term intensity reduction targets. In 2021, the company achieved a 5% reduction in its U.S. Scope 2 GHG emissions compared to the previous year. Looking ahead, Nabors aims for further reductions in 2022, including a 7.5% reduction in Scope 1 GHG emissions per foot drilled for Nabors Drilling USA and a 5% reduction for Nabors international rigs, both using a 2020 baseline. Additionally, the company targets an extra 5% reduction in Scope 2 GHG emissions intensity in the U.S. for 2022, also against a 2020 baseline.