Valaris Ltd 2024 SR
The report highlights Valaris' progress in safety, achieving a 20% improvement in the Total Recordable Incident Rate and a 55% reduction in the Lost Time Incident Rate during 2024. The company updated its emissions reduction strategy, targeting a 10-20% reduction by 2035 for its drillships and harsh environment jackups. Key environmental initiatives included the energy-saving upgrade of the VALARIS DS-7 and the continued use of biofuel blends. Valaris also focused on human capital, delivering 318,000 hours of training to its global workforce while maintaining top ESG ratings from MSCI and Sustainalytics.
Company: Valaris Ltd
Sector: Energy
Country: Bermuda
Year: 2024
Type: SR
Pages: 43
Valaris Ltd
Sustainability Report
The report highlights Valaris' progress in safety, achieving a 20% improvement in the Total Recordable Incident Rate and a 55% reduction in the Lost Time Incident Rate during 2024. The company updated its emissions reduction strategy, targeting a 10-20% reduction by 2035 for its drillships and harsh environment jackups. Key environmental initiatives included the energy-saving upgrade of the VALARIS DS-7 and the continued use of biofuel blends. Valaris also focused on human capital, delivering 318,000 hours of training to its global workforce while maintaining top ESG ratings from MSCI and Sustainalytics.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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:
Scope 3:
Energy Consumption
Water Consumption
Workplace Fatalities