Nabors Industries Ltd
Nabors Industries's GHG Emissions Data Preview
In 2024, Nabors Industries 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Nabors Industries has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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aVerified Sources Behind Nabors Industries’s Greenhouse Gas (GHG) Emissions 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 Nabors Industries’s data sources below and access millions more through our Disclosure Search.
Insights into Nabors Industries's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Nabors Industries amounted to 1,126,706 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 Nabors Industries increased by 3.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Nabors Industries's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Nabors Industries's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Nabors Industries were 1,057,668 metric tons of CO₂ equivalent (tCO₂e).a
Has Nabors Industries reduced its Scope 1 emissions over time?
Since 2020, Nabors Industries's Scope 1 emissions have decreased by 2.54%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Nabors Industries's Scope 1 emissions decreased by 1.74%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Nabors Industries's Scope 2 emissions?
In 2024, Nabors Industries reported Scope 2 greenhouse gas (GHG) emissions of 69,038 tCO₂e without specifying the calculation method.a
Has Nabors Industries reduced its Scope 2 emissions over time?
Since 2020, Nabors Industries's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 792.89%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Nabors Industries's Scope 2 emissions (Unspecified Calculation Method) rose by 383.32% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Nabors Industries use for Scope 2 reporting?
In 2024, Nabors Industries reported its Scope 2 emissions using an unspecified methodology.a
Nabors Industries's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Nabors Industries's Value Chain Emissions
In 2024, Nabors Industries reported 216,356.91 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Nabors Industries includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Nabors Industries's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Nabors Industries's Scope 3 emissions?
In 2024, Nabors Industries reported total Scope 3 emissions of 216,356.91 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Nabors Industries's Scope 3 emissions increased by 12.95%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Nabors Industries disclose?
In 2024, Nabors Industries reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Nabors Industries's Scope 3 emissions?
In 2024, the largest contributors to Nabors Industries's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 109,811.51 tCO₂e (50.75%)
- Capital Goods (Cat. 2): 93,195.92 tCO₂e (43.08%)
- Business Travel (Cat. 6): 7,477.37 tCO₂e (3.46%)
Nabors Industries's Scope 3 Emissions by Categories
Insights into Nabors Industries’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Nabors Industries reported Scope 1 greenhouse gas (GHG) emissions of 1,057,668 tCO₂e and total revenues of USD 2,930 millions. This translates into an emissions intensity of 360.96 tCO₂e per millions USD.a
Nabors Industries's Scope 1 Emissions Intensity Compared to Peers
How does Nabors Industries's GHG emissions intensity compare to its peers?
In 2024, Nabors Industries reported a Scope 1 emissions intensity of 360.96 tCO₂e per millions USD. Compared to the peer group median of 148.39, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Nabors Industries rank on GHG emissions intensity within its industry?
In 2024, Nabors Industries ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Nabors Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Nabors Industries's Total Carbon Footprint
In 2024, Nabors Industries reported a total carbon footprint of 1,343,062.91 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.75% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Nabors Industries's total carbon footprint was Scope 1 emissions, accounting for 78.75% of the company's total carbon footprint, followed by Scope 3 emissions at 16.11%.a