Helmerich and Payne Inc

Common Name
Helmerich and Payne
Country
United States
Sector
Energy
Industry
Oil & Gas Drilling
Employees
7,000
Ticker
HP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Helmerich & Payne Inc. is a leading provider in the oil and gas drilling industry, primarily engaged in hydrocarbon exploration. The company specializes in contract drilling services and operates a su...

Helmerich and Payne's Climate Target Data Preview

As of 2023, Helmerich and Payne has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Helmerich and Payne ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Other Intensity Metric (Unlisted)
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Helmerich and Payne’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Helmerich and Payne’s data sources below and access millions more through our Disclosure Search.

a. Helmerich and Payne's Sustainability Report 2023
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Insights into Helmerich and Payne's Greenhouse Gas Emissions Pathways

As of 2023, Helmerich and Payne has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Helmerich and Payne have a target to reduce the emissions from its operations?

As of 2023, Helmerich and Payne has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Helmerich and Payne's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 75.8 Metric Tonnes of CO2 equivalent (mtCO2e) per Other Intensity Metric (Unlisted) in 2018. a

As of 2023, Helmerich and Payne is ahead of schedule on its operational emissions reduction target, having achieved 86.2% of the planned reduction. a

Helmerich and Payne's Operational (Scope 1+2) Emissions Pathway

201820232030020406080BaselineCurrent (-26%)
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