Helmerich and Payne Inc
Helmerich and Payne's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Helmerich and Payne’s Greenhouse Gas (GHG) Emissions Data
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Insights into Helmerich and Payne's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Helmerich and Payne amounted to 1,185,300 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 2022, the total operational greenhouse gas (GHG) emissions of Helmerich and Payne increased by 6.09%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Helmerich and Payne's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Helmerich and Payne's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Helmerich and Payne were 1,142,000 metric tons of CO₂ equivalent (tCO₂e). a
Has Helmerich and Payne reduced its Scope 1 emissions over time?
Since 2021, Helmerich and Payne's Scope 1 emissions have increased by 55.37%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Helmerich and Payne's Scope 1 emissions increased by 5.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Helmerich and Payne's Scope 2 emissions?
In 2023, Helmerich and Payne reported Scope 2 greenhouse gas (GHG) emissions of 46,300 tCO₂e using the market-based method and 43,300 tCO₂e using the location-based method. a
Has Helmerich and Payne reduced its Scope 2 emissions over time?
Since 2021, Helmerich and Payne's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 587.3%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Helmerich and Payne's Scope 2 emissions (Location-Based) rose by 16.09% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Helmerich and Payne use for Scope 2 reporting?
In 2023, Helmerich and Payne reported its Scope 2 emissions using the market-based method and using the location-based method. a
Helmerich and Payne's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Helmerich and Payne’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Helmerich and Payne reported Scope 1 greenhouse gas (GHG) emissions of 1,142,000 tCO₂e and total revenues of USD 2,872 millions. This translates into an emissions intensity of 397.57 tCO₂e per millions USD. a
Helmerich and Payne's Scope 1 Emissions Intensity Compared to Peers
How does Helmerich and Payne's GHG emissions intensity compare to its peers?
In 2023, Helmerich and Payne reported a Scope 1 emissions intensity of 397.57 tCO₂e per millions USD. Compared to the peer group median of 371.62, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Helmerich and Payne rank on GHG emissions intensity within its industry?
In 2023, Helmerich and Payne ranked 13 out of 21 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