Buru Energy Sustainability Profile
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 26 is higher than 66% 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 2024, Buru Energy reported total carbon emissions of approximately 293,000 kg CO2e. This figure includes about 256,000 kg CO2e from Scope 1 emissions, which primarily stem from mobile combustion (36,000 kg CO2e) and fugitive emissions (101,000 kg CO2e). Scope 2 emissions accounted for about 37,000 kg CO2e, while there were no reported Scope 3 emissions. In 2023, the company’s total emissions were significantly higher at approximately 23,607,000 kg CO2e, with Scope 1 emissions at about 3,127,000 kg CO2e and Scope 2 emissions at 41,000 kg CO2e. Notably, Scope 3 emissions were substantial, reaching approximately 29,559,000 kg CO2e from the use of sold products alone. Buru Energy's emissions data shows a considerable reduction from previous years, particularly from 2021, when total emissions were reported at approximately 120,884,000 kg CO2e. This indicates a positive trend towards lowering their carbon footprint. Despite these reductions, Buru Energy has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The absence of formal commitments suggests that while the company is actively reducing emissions, it may not yet be aligned with industry-standard climate action frameworks. Overall, Buru Energy's emissions profile reflects a significant decrease in carbon emissions over recent years, although further commitments and structured targets could enhance their climate strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 12,849,000 | 00,000,000 | 00,000 | 0,000,000 | 000,000 |
| Scope 2 | 37,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 160,009,000 | 000,000,000 | 000,000,000 | 00,000,000 | - |
How Carbon Intensive is Buru Energy's Industry?
How Carbon Intensive is Buru Energy's Location?
Buru Energy's Scope 3 Categories Breakdown
Buru Energy's Scope 3 emissions, which decreased by 74% last year and decreased by approximately 81% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 96% of Scope 3 emissions.
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Buru Energy'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.
Buru Energy 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.
