Archer is a Norwegian company that operates in the drilling and drilling support sector. The company has a long history of providing high-quality services to the oil and gas industry. However, in recent years, Archer has taken a proactive approach to decarbonisation and has started to focus on renewable energy solutions.

Archer's commitment to decarbonisation is evident in its corporate energy strategy. The company has set ambitious targets to reduce its carbon footprint and has implemented a range of measures to achieve these goals. One of the key initiatives that Archer has undertaken is the adoption of renewable energy sources.

Archer has recognised the importance of renewable energy in the fight against climate change and has made a significant investment in this area. The company has developed a range of renewable energy solutions, including wind and solar power, to reduce its reliance on fossil fuels. These solutions not only help to reduce Archer's carbon footprint but also provide a sustainable source of energy for its operations.

One of the ways that Archer has implemented renewable energy solutions is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider. The contract guarantees a fixed price for the energy generated by the provider, which allows the company to reduce its energy costs and carbon footprint.

Archer has signed several corporate PPAs with renewable energy providers in Norway. These agreements have enabled the company to source a significant portion of its energy from renewable sources, reducing its reliance on fossil fuels. The use of corporate PPAs has also helped Archer to achieve its decarbonisation targets and demonstrate its commitment to sustainability.

In addition to its renewable energy initiatives, Archer has also implemented a range of measures to reduce its carbon footprint. The company has invested in energy-efficient equipment and has implemented energy-saving measures across its operations. These measures have helped to reduce Archer's energy consumption and carbon emissions, while also reducing its operating costs.

Archer's commitment to decarbonisation and renewable energy has not gone unnoticed. The company has received several awards and accolades for its sustainability initiatives. In 2020, Archer was named as one of the world's most sustainable companies by Corporate Knights, a leading sustainability publication.

Archer's commitment to sustainability is not just limited to its own operations. The company also works closely with its clients to help them achieve their sustainability goals. Archer provides a range of services to the oil and gas industry, including drilling and drilling support. The company has developed innovative solutions to reduce the environmental impact of these activities, such as the use of biodegradable drilling fluids.

Archer's focus on sustainability has helped to differentiate the company from its competitors. The oil and gas industry is under increasing pressure to reduce its carbon footprint, and companies that fail to do so risk losing business. Archer's commitment to sustainability has helped to position the company as a leader in the industry and has attracted clients who are looking for sustainable solutions.

In conclusion, Archer is a Norwegian company that operates in the drilling and drilling support sector. The company has taken a proactive approach to decarbonisation and has implemented a range of measures to reduce its carbon footprint. Archer has invested in renewable energy solutions, including wind and solar power, and has signed several corporate PPAs with renewable energy providers. The company's commitment to sustainability has helped to differentiate it from its competitors and has attracted clients who are looking for sustainable solutions. Archer's focus on sustainability is a testament to its commitment to creating a more sustainable future for all.