Capricorn Energy
Capricorn Energy PLC, commonly referred to as Capricorn Energy, is a prominent player in the oil and gas industry, headquartered in Great Britain. Founded in 1997, the company has established a strong operational presence in key regions, including North Africa and the North Sea. Specialising in exploration and production, Capricorn Energy is recognised for its commitment to sustainable practices and innovative technologies that enhance resource extraction while minimising environmental impact. The company has achieved significant milestones, including successful exploration projects that have bolstered its market position. With a focus on delivering value through efficient operations and strategic partnerships, Capricorn Energy continues to be a notable entity in the energy sector, striving for excellence in its core services and contributing to the global energy landscape.
DitchCarbon Score
How does Capricorn 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
Capricorn Energy's score of 29 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Capricorn Energy's reported carbon emissions
In 2023, Capricorn Energy, headquartered in Great Britain, reported total carbon emissions of approximately 262,900 kg CO2e from Scope 1 and 2 combined, with Scope 2 emissions alone accounting for about 149,260 kg CO2e. Notably, the company also disclosed Scope 3 emissions related to business travel, which totalled approximately 576,200 kg CO2e. Comparatively, in 2022, Capricorn Energy's emissions were significantly higher, with Scope 1 emissions reaching about 3,659,410 kg CO2e, Scope 2 emissions at approximately 183,900 kg CO2e, and Scope 3 emissions from business travel and employee commute totalling around 1,595,000 kg CO2e. This indicates a substantial reduction in emissions from 2022 to 2023. Capricorn Energy has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor has it made any formal climate pledges. The company’s emissions data is not cascaded from a parent organization, ensuring that the reported figures are solely reflective of its own operations. Overall, Capricorn Energy is actively monitoring its carbon footprint, particularly in Scope 2 and 3 emissions, while continuing to assess its climate commitments and reduction strategies.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 355,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 2,140,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 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.
Capricorn 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.
