In 2025, Odfjell Drilling 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).
Odfjell Drilling has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,766a | 995a | 0a | |
Total Scope 2 | ||||
Market-Based | 387a | 445a | 446a | |
Location-Based | 6a | 7a | N/A | |
Total Scope 3 | 238,411a | 256,907a | 140,000a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.0692a | 1.2837a | 0a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Odfjell Drilling amounted to 2,772 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 2024, the total operational greenhouse gas (GHG) emissions of Odfjell Drilling increased by 176.65%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Odfjell Drilling were 2,766 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Odfjell Drilling's Scope 1 emissions have decreased by 61.27%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), Odfjell Drilling's Scope 1 emissions increased by 177.99%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, Odfjell Drilling reported Scope 2 greenhouse gas (GHG) emissions of 387 tCO₂e using the market-based method and 6 tCO₂e using the location-based method.a
Compared to the previous year (2024), Odfjell Drilling's Scope 2 emissions (Location-Based) fell by 14.29% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2025, Odfjell Drilling reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Odfjell Drilling reported 238,411 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 2025 disclosure of Odfjell Drilling includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Odfjell Drilling reported total Scope 3 emissions of 238,411 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 42.94% of these emissions originated from upstream activities such as purchased goods and capital goods, while 57.06% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2024), Odfjell Drilling's Scope 3 emissions remained relatively stable, indicating that Odfjell Drilling's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, Odfjell Drilling reported emissions for 7 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.
In 2025, the largest contributors to Odfjell Drilling's Scope 3 emissions were:a
In 2025, Odfjell Drilling reported Scope 1 greenhouse gas (GHG) emissions of 2,766 tCO₂e and total revenues of USD 901 millions. This translates into an emissions intensity of 3.07 tCO₂e per millions USD.a
In 2025, Odfjell Drilling reported a Scope 1 emissions intensity of 3.07 tCO₂e per millions USD. Compared to the peer group median of 286.85, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, Odfjell Drilling ranked 1 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Odfjell Drilling among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2025, Odfjell Drilling reported a total carbon footprint of 241,183 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.49% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Odfjell Drilling's total carbon footprint was Scope 3 emissions, accounting for 98.85% of the company's total carbon footprint, followed by Scope 1 emissions at 1.15%.a