In 2024, Helmerich and Payne completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Helmerich and Payne has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,036,000a | 1,142,000a | 1,080,000a | |
Total Scope 2 | ||||
Market-Based | 57,400a | 46,300a | N/A | |
Location-Based | 47,200a | 43,300a | 37,300a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 375.8243a | 397.574a | 524.5407a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Helmerich and Payne amounted to 1,083,200 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Helmerich and Payne decreased by 8.61%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Helmerich and Payne were 1,036,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Helmerich and Payne's Scope 1 emissions have increased by 40.95%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Helmerich and Payne's Scope 1 emissions decreased by 9.28%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Helmerich and Payne reported Scope 2 greenhouse gas (GHG) emissions of 57,400 tCO₂e using the market-based method and 47,200 tCO₂e using the location-based method.a
Since 2021, Helmerich and Payne's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 649.21%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Helmerich and Payne's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Helmerich and Payne's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Helmerich and Payne reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Helmerich and Payne reported Scope 1 greenhouse gas (GHG) emissions of 1,036,000 tCO₂e and total revenues of USD 2,757 millions. This translates into an emissions intensity of 375.82 tCO₂e per millions USD.a
In 2024, Helmerich and Payne reported a Scope 1 emissions intensity of 375.82 tCO₂e per millions USD. Compared to the peer group median of 331.71, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Helmerich and Payne ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Helmerich and Payne is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a