- Difficult challenges on the safety front in 2023, including the loss of three lives.
- Fleet emission intensity for 2023 increased by 15% compared with the 2019 baseline due to a change in fleet mix.
- Limited availability of biofuel blends across all geographies.
- Lack of access to electricity for jackup rig electrification.
Valaris Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Valaris Limited disclosed greenhouse gas emissions of 717.4K tCO2e/year. By scope: Scope 1: 703.7K tCO2e/year; Scope 2: 13.7K tCO2e/year; Scope 3: 1.6M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
717.4K tCO2e/year
2023
Water Usage
562.0K m3/year
2023
Energy Use
22.5K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 703.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 13.7K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.6M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced floater emission intensity by 5% over the past two years.
- Implemented rig-specific power management policies, installed energy optimization advisory tools, and upgraded drillships with ABS EHS-E notation.
- Used biodiesel blends on VALARIS 106 in Indonesia.
🌱 ESG Focus Areas
Environmental StewardshipSocial AspectsGovernance