High Arctic Energy Services IncHigh Arctic Energy Services Inc - ESG Rating & Company Profile powered by AI

Industry Group:Oil Related Services and Equipment

Jump to the bottom of this webpage for potential risks for High Arctic Energy Services Inc based on sector, location and size. If you are employed by High Arctic Energy Services Inc and you would like to licence your ESG aseessment, please get in touch. The report of High Arctic Energy Services Inc employs data points from across the web and also from available filings by High Arctic Energy Services Inc.

High Arctic Energy Services Inc in the Oil Related Services and Equipment industry gained a UN SDG ESG Transparency Score of 3.0; made up of an environmental score of 4.6, social score of 2.7 and governance score of 1.1.

SDG Transparency Score for High Arctic Energy Services Inc 

3.0

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for High Arctic Energy Services Inc 
4.6

Environmental

2.7

Social

1.1

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Technip Energies NV
8.7
High
2John Wood Group PLC
8.3
High
.........
218Cwc Energy Services Corp
3.1
Medium
218Nordic Shipholding A/S
3.1
Medium
221High Arctic Energy Services Inc
3.0
Medium
222Deep Sea Supply PLC
2.9
Medium
222Geotek Seysmorazvedka PAO
2.9
Medium
.........
296Winalta Inc
0.0
Low
296Wah Seong Corporation Bhd
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does High Arctic Energy Services Inc have an accelerator or VC vehicle to help deliver innovation?

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Does High Arctic Energy Services Inc reference operational or capital allocation in relation to climate change?

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Does High Arctic Energy Services Inc disclose cybersecurity risks?

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Does High Arctic Energy Services Inc conduct 360 degree staff reviews?

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Does High Arctic Energy Services Inc disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does High Arctic Energy Services Inc disclose climate scenario or pathway analysis?

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Does High Arctic Energy Services Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does High Arctic Energy Services Inc disclose the pay ratio of women to men?

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Does High Arctic Energy Services Inc reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is High Arctic Energy Services Inc involved in embryonic stem cell research?

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Does High Arctic Energy Services Inc disclose GHG and Air Emissions intensity?

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Does High Arctic Energy Services Inc disclose energy use targets?

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Does High Arctic Energy Services Inc disclose its Renewable Energy targets?

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Potential Risks for High Arctic Energy Services Inc
These potential risks are based on the size, segment and geographies of the company.

High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. The company operates through three segments: Drilling Services, Production Services, and Ancillary Services. It offers snubbing services, including foothills standalone snubbing system for completions and workovers; hydraulic workover units, such as a patented L-Frame equipment configuration; rig assist snubbing unit, a truck-mounted hydraulic system to manage underbalanced wellbore conditions; and power tower to install a snubbing unit and blowout preventers in one lift. The company also rents oilfield equipment comprising accumulators, blowout preventers, casing cutters and scrappers, hydraulic catwalks, rig shacks, chokes, boilers, boiler blowdown tanks, generators, light towers, cross over and rotary subs, elevators, EUE collars, fire suppression kits, fuel tank skids, hot tap kits, mud cans, pickers, pipe racks, power swivels, pumps, slips, spools, flanges, thread washers, tongs, trailers and accommodations, tubing, gate, plug, hydraulic/air actuated, and safety valves; and kelly cocks for drilling, completions, workover, and abandonment of oil and gas operations. In addition, it provides nitrogen pumping units; and well servicing. Further, the company owns and operates two heli-portable drilling rigs in Papua New Guinea; and offers support equipment, such as rig matting, crawler cranes, water pumps, forklifts/wheel loaders, telehandlers, lighting towers, camps, trucks, wash-down packages, vehicles, and drill pipes and BHA. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada.

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