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.
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
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.
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Weatherford's reported carbon emissions
In 2023, Weatherford reported total Scope 1 emissions of approximately 63,050,000 kg CO2e. This figure reflects the company's ongoing commitment to reducing its carbon footprint. Notably, Weatherford has set a long-term goal to achieve Net-Zero greenhouse gas emissions for both Scope 1 and Scope 2 by 2050. In terms of recent performance, Weatherford achieved a significant reduction in greenhouse gas intensity, with a decrease of over 24% in Scope 1 and 2 emissions intensity, reaching approximately 36.7 metric tons CO2e per million dollars of revenue in 2022, compared to the 2019 baseline year. This demonstrates the company's proactive approach to sustainability and emissions management. Weatherford's emissions data is not cascaded from any parent company, ensuring that their reported figures are independently sourced. The company continues to focus on enhancing its sustainability practices as part of its broader climate commitments.
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| 2019 | 2023 | |
|---|---|---|
| Scope 1 | 77,306,000,000 | 00,000,000,000 |
| Scope 2 | 116,153,000,000 | - |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions 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 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.
