Buru Energy
Buru Energy Limited, commonly referred to as Buru Energy, is an Australian oil and gas exploration and production company headquartered in Perth, Western Australia. Founded in 2008, the company has established itself as a key player in the energy sector, focusing primarily on the exploration and development of hydrocarbon resources in the Canning Basin. Buru Energy's core services include the exploration, production, and development of oil and gas assets, with a commitment to sustainable practices and innovative technologies. The company is recognised for its unique approach to resource management, which prioritises environmental stewardship while maximising operational efficiency. With a strong market position, Buru Energy has achieved significant milestones, including successful drilling campaigns and strategic partnerships that enhance its operational capabilities. As it continues to expand its portfolio, Buru Energy remains dedicated to contributing to Australia's energy landscape.
DitchCarbon Score
How does Buru Energy'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 Gas/Diesel Oil 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
Buru Energy's score of 13 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Buru Energy's reported carbon emissions
In 2023, Buru Energy reported total carbon emissions of approximately 23,607,000 kg CO2e. This figure includes Scope 1 emissions of about 3,127,000 kg CO2e, Scope 2 emissions of approximately 41,000 kg CO2e, and significant Scope 3 emissions from the use of sold products, which totalled around 19,706,000 kg CO2e. Over the previous years, Buru Energy has demonstrated a notable reduction in emissions. For instance, in 2022, total emissions were about 89,673,000 kg CO2e, indicating a substantial decrease in emissions over the year. The company has also shown a consistent decline in Scope 1 and Scope 2 emissions, with Scope 1 emissions dropping from approximately 10,148,000 kg CO2e in 2022 to 3,127,000 kg CO2e in 2023. Despite these reductions, Buru Energy has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to operate within the context of the mineral fuels and oils industry, which is under increasing scrutiny for its environmental impact. Overall, Buru Energy's commitment to reducing its carbon footprint is evident in its decreasing emissions figures, although further transparency regarding specific reduction targets would enhance its climate commitment profile.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 13,911,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 55,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 160,392,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
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.
Buru Energy 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.
