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Beach Energy Limited, commonly referred to as Beach Energy, is a prominent player in the electricity nec sector, headquartered in Australia. Established in 1961, the company has evolved significantly, focusing on the exploration and production of oil and gas, primarily in the Cooper Basin and Otway Basin regions.
With a commitment to sustainable energy solutions, Beach Energy offers a range of core services, including hydrocarbon exploration, production, and development. The company is recognised for its innovative approaches to resource management and operational efficiency, setting it apart in a competitive market.
As a key contributor to Australia's energy landscape, Beach Energy has achieved notable milestones, including significant production increases and strategic partnerships, solidifying its position as a leader in the industry.
+15 vs industry average
Beach Energy’s score of 31 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Beach Energy's Carbon Emissions & Climate Commitments
Beach Energy, an Australian-headquartered company in the Electricity nec industry, is working to address its carbon emissions and has established climate commitments.
In 2024, Beach Energy reported its total Scope 1 emissions at approximately 437,409,000 kg CO2e, and Scope 2 emissions at about 18,648,000 kg CO2e. The company's Scope 3 emissions for the same year were approximately 5,668,000 kg CO2e. Looking ahead to 2025, Beach Energy has reported Scope 3 emissions totalling approximately 6,380 kg CO2e.
Historically, Beach Energy's Scope 1 and Scope 2 emissions have fluctuated. In 2023, Scope 1 emissions were approximately 436,110,000 kg CO2e and Scope 2 emissions were around 18,199,000 kg CO2e. For 2022, these figures were approximately 435,738,000 kg CO2e for Scope 1 and 19,471,000 kg CO2e for Scope 2. In 2021, Scope 1 emissions were about 405,005,000 kg CO2e, and Scope 2 emissions were around 19,274,000 kg CO2e.
Beach Energy has an aspiration to achieve net-zero Scope 1 and Scope 2 emissions by 2050, as outlined in their 2021 Sustainability Report.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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