Archer Ltd 2023 SR
The report highlights Archer's progress in its low-carbon agenda, achieving carbon-neutral operations in Scope 1 and 2 for locations outside Argentina. The company reduced global Scope 1 and 2 emissions by 23% compared to a 2018 baseline and expanded its plug and abandonment services through strategic acquisitions. Archer also entered the geothermal energy market by acquiring a stake in Iceland Drilling Company. Key safety performance improved with a Total Recordable Incident Rate of 0.52. The report outlines a roadmap to Net-Zero by 2050 and aligns with seven UN Sustainable Development Goals.
Company: Archer Ltd
Sector: Energy
Country: Norway
Year: 2023
Type: SR
Pages: 18
Archer Ltd
ESG Report
The report highlights Archer's progress in its low-carbon agenda, achieving carbon-neutral operations in Scope 1 and 2 for locations outside Argentina. The company reduced global Scope 1 and 2 emissions by 23% compared to a 2018 baseline and expanded its plug and abandonment services through strategic acquisitions. Archer also entered the geothermal energy market by acquiring a stake in Iceland Drilling Company. Key safety performance improved with a Total Recordable Incident Rate of 0.52. The report outlines a roadmap to Net-Zero by 2050 and aligns with seven UN Sustainable Development Goals.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2022 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Workplace Fatalities
Net Zero Target
Employees