Weatherford Sustainability Profile
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 67% 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 63,050,000,000 kg CO2e. This marks a significant reduction from 2019, when Scope 1 emissions were about 77,306,000,000 kg CO2e, alongside Scope 2 emissions of approximately 116,153,000,000 kg CO2e. The company has committed to achieving Net-Zero greenhouse gas emissions for both Scope 1 and Scope 2 by 2050, with a notable reduction in greenhouse gas intensity of over 24% achieved between 2019 and 2022, decreasing to 36.7 metric tons per million dollars of revenue. Weatherford's emissions data is not cascaded from any parent organisation, and the company has not disclosed any Scope 3 emissions. The commitment to Net-Zero emissions reflects a long-term strategy to mitigate climate impact and align with industry standards for sustainability.
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| 2019 | 2023 | |
|---|---|---|
| Scope 1 | 77,306,000,000 | 00,000,000,000 |
| Scope 2 | 116,153,000,000 | - |
| Scope 3 | - | - |
How Carbon Intensive is Weatherford's Industry?
How Carbon Intensive is Weatherford's Location?
Weatherford'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.
Weatherford 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.
