ADES Holding Company
ADES Holding Company, a leading provider in the oil and gas sector, is headquartered in Saudi Arabia (SA) and operates extensively across the Middle East and North Africa. Founded in 2011, ADES has rapidly established itself as a key player in drilling and production services, catering to both onshore and offshore markets. The company offers a diverse range of services, including drilling rigs, workover services, and integrated solutions, distinguished by their commitment to safety and operational efficiency. ADES's innovative approach and advanced technology have positioned it as a trusted partner for major oil and gas operators in the region. With a strong market presence and a focus on sustainable practices, ADES Holding Company continues to achieve significant milestones, reinforcing its reputation as a reliable and forward-thinking entity in the energy industry.
DitchCarbon Score
How does ADES Holding Company's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
ADES Holding Company's score of 7 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ADES Holding Company's reported carbon emissions
In 2022, ADES Holding Company reported total carbon emissions of approximately 407,315,000 kg CO2e from Scope 1 and 1,356,000 kg CO2e from Scope 2. This represents a significant increase in emissions compared to 2021, where Scope 1 emissions were about 325,285,000 kg CO2e and Scope 2 emissions were approximately 1,499,000 kg CO2e. The company has set ambitious reduction targets, aiming to decrease its Scope 1 emissions by 30% from 2021 levels by 2030, which would equate to a reduction of about 97,585,500 kg CO2e. Similarly, ADES plans to reduce its Scope 2 emissions by 30% from 2021 levels by 2030, targeting a reduction of approximately 449,700 kg CO2e. ADES Holding Company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. The company’s climate commitments reflect a proactive approach to sustainability, aligning with industry standards for carbon reduction. The emissions data is not cascaded from any parent organization, ensuring that the figures are specific to ADES Holding Company.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 102,193,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,410,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
ADES Holding Company is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
