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.
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.
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.
Capricorn Energy's score of 29 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Capricorn Energy reported total carbon emissions of approximately 14,175,120 kg CO2e, with emissions distributed across various scopes: 7,862,610 kg CO2e from Scope 1, 223,000 kg CO2e from Scope 2, and 6,089,840 kg CO2e from Scope 3. The company has shown a commitment to transparency in its emissions reporting, disclosing data for all three scopes in its sustainability reports. In 2021, Capricorn Energy's emissions were approximately 1,386,110 kg CO2e, with Scope 1 emissions at 910,890 kg CO2e, Scope 2 at 107,000 kg CO2e, and Scope 3 at 451,010 kg CO2e. This indicates a significant increase in emissions from 2021 to 2022. Despite the detailed emissions reporting, Capricorn Energy has not set specific reduction targets or initiatives as per the latest data. The absence of documented reduction targets suggests a need for the company to establish clear climate commitments to align with industry standards and expectations for sustainability. Overall, Capricorn Energy's emissions data reflects its operational impact, while the lack of defined reduction strategies highlights an area for potential improvement in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.