Major Drilling Group International Inc 2024 AR2
The report highlights Major Drilling's performance for the fiscal year ended April 30, 2024, achieving its third-highest revenue of $706.7 million despite challenging market conditions. The company recorded a record-low Total Recordable Incident Rate of 1.14, demonstrating its industry-leading safety standards. Major Drilling set an initial target to reduce its Scope 1 and Scope 2 greenhouse gas emissions intensity by 5% by 2030 compared to 2022 levels and established a Decarbonization Action Plan. Additionally, the company advanced its fleet modernization by adding 24 new rigs and investing in digitization and hands-free rod handling technologies.
Company: Major Drilling Group International Inc
Sector: Energy
Country: Canada
Year: 2024
Type: AR2
Pages: 56
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Major Drilling Group International Inc
Annual Report
The report highlights Major Drilling's performance for the fiscal year ended April 30, 2024, achieving its third-highest revenue of $706.7 million despite challenging market conditions. The company recorded a record-low Total Recordable Incident Rate of 1.14, demonstrating its industry-leading safety standards. Major Drilling set an initial target to reduce its Scope 1 and Scope 2 greenhouse gas emissions intensity by 5% by 2030 compared to 2022 levels and established a Decarbonization Action Plan. Additionally, the company advanced its fleet modernization by adding 24 new rigs and investing in digitization and hands-free rod handling technologies.
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Document Details
Report Year
2024
Reporting Period
May 1, 2023 - Apr 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees