ADES Holding Co 2020 AR2
The report highlights ADES International Holding PLC's performance and resilience during the challenging year of 2020, marked by the COVID-19 pandemic and oil price volatility. Despite these headwinds, the company maintained a high utilization rate of 89% across its fleet of 51 rigs and achieved a recordable injury frequency rate of 0.31, well below the industry standard. ADES made significant progress on its sustainability journey by initiating its first formal sustainability materiality assessment with an independent ESG consultancy. On the environmental front, the company reported total Scope 1 emissions of 102,193 tonnes of CO2 from diesel fuel consumption and began collecting Scope 2 and Scope 3 data.
Company: ADES Holding Co
Sector: Mining & quarrying
Country: Saudi Arabia
Year: 2020
Type: AR2
Pages: 142
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ADES Holding Co
Annual Report
The report highlights ADES International Holding PLC's performance and resilience during the challenging year of 2020, marked by the COVID-19 pandemic and oil price volatility. Despite these headwinds, the company maintained a high utilization rate of 89% across its fleet of 51 rigs and achieved a recordable injury frequency rate of 0.31, well below the industry standard. ADES made significant progress on its sustainability journey by initiating its first formal sustainability materiality assessment with an independent ESG consultancy. On the environmental front, the company reported total Scope 1 emissions of 102,193 tonnes of CO2 from diesel fuel consumption and began collecting Scope 2 and Scope 3 data.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Employees