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Public Profile
Crude Oil Extraction
AU
updated 9 months ago

88 Energy Limited Sustainability Profile

Company website

88 Energy Limited, an innovative player in the oil and gas sector, is headquartered in Australia, with significant operations in Alaska's North Slope. Founded in 2011, the company has made notable strides in exploration and development, focusing on onshore oil resources. Specialising in the acquisition and development of oil projects, 88 Energy is recognised for its unique approach to resource management and sustainable practices. The company’s flagship project, the Icewine Project, showcases its commitment to maximising recovery while minimising environmental impact. With a strong market position, 88 Energy has achieved key milestones, including successful drilling campaigns and strategic partnerships, solidifying its reputation as a forward-thinking entity in the energy industry.

DitchCarbon Score

How does 88 Energy Limited'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.

0

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.

13

Industry Benchmark

88 Energy Limited's score of 0 is lower than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

3%

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88 Energy Limited's reported carbon emissions

88 Energy Limited, headquartered in Australia, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that 88 Energy may not have established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives at this time. As such, the company appears to be in the early stages of addressing its climate impact, with no inherited emissions data from a parent or related organization.

How Carbon Intensive is 88 Energy Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. 88 Energy Limited's primary industry is Crude Oil Extraction, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is 88 Energy Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for 88 Energy Limited is in AU, which has a very high grid carbon intensity relative to other regions.

88 Energy Limited's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

88 Energy Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare 88 Energy Limited's Emissions with Industry Peers

Nido Petroleum Pty Limited

AU
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 3 months ago

Hess

US
•
Gas/Diesel Oil
Updated 18 days ago

Expand Energy

US
•
Electricity by coal
Updated about 1 month ago

Warrego Energy Limited

AU
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 19 days ago

Devon Energy

US
•
Gas/Diesel Oil
Updated about 1 month ago

Oil Search Limited

PG
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 24 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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