Capricorn Energy, formerly known as Cairn Energy, is a prominent player in the gas and diesel oil industry, headquartered in Great Britain. Established in 1997, the company has made significant strides in exploration and production, particularly in regions such as the North Sea and West Africa.
Specialising in the development of oil and gas resources, Capricorn Energy focuses on sustainable practices and innovative technologies that set it apart in a competitive market. The company has achieved notable milestones, including successful exploration projects that have bolstered its market position. With a commitment to operational excellence and environmental responsibility, Capricorn Energy continues to be a key contributor to the energy sector, driving advancements in energy production while prioritising sustainability.
+13 vs industry average
Capricorn Energy’s score of 33 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Capricorn Energy's reported carbon emissions
Capricorn Energy, headquartered in GB and operating in the Gas/Diesel Oil industry, has disclosed its carbon emissions for several years.
For 2024, the company reported total Scope 1 and 2 emissions of approximately 133,780 kg CO2e (location-based). Scope 1 emissions were approximately 59,050 kg CO2e, and Scope 2 emissions were approximately 74,730 kg CO2e. Scope 3 emissions included approximately 386,450 kg CO2e for business travel and approximately 107,240 kg CO2e for employee commute.
In 2023, total Scope 1 and 2 emissions were approximately 1,574,600 kg CO2e (location-based). Scope 1 emissions totalled approximately 1,392,760 kg CO2e, with Scope 2 emissions at approximately 181,840 kg CO2e. Scope 3 emissions for business travel were approximately 576,200 kg CO2e, and employee commute was approximately 200,570 kg CO2e.
For 2022, Capricorn Energy reported Scope 1 and 2 emissions of approximately 269,635,000 kg CO2e.
Earlier reporting includes:
- 2021: Total emissions were approximately 1,386,110 kg CO2e, comprising Scope 1 at approximately 910,890 kg CO2e, Scope 2 (location-based) at approximately 107,210 kg CO2e, and Scope 3 at approximately 451,010 kg CO2e. Significant Scope 3 categories included use of sold products (approximately 30,375,953,000 kg CO2e), processing of sold products (approximately 152,396,900 kg CO2e), and downstream transportation and distribution (approximately 50,989,400 kg CO2e).
- 2020: Total emissions were approximately 24,866,770 kg CO2e, with Scope 1 at approximately 24,439,700 kg CO2e, Scope 2 (location-based) at approximately 175,120 kg CO2e, and Scope 3 at approximately 352,530 kg CO2e.
- 2019: Total emissions amounted to approximately 43,360,300 kg CO2e, including Scope 1 at approximately 40,184,410 kg CO2e, Scope 2 (location-based) at approximately 255,540 kg CO2e, and Scope 3 at approximately 3,056,360 kg CO2e.
- 2018: Total emissions were approximately 7,447,950 kg CO2e, with Scope 1 at approximately 4,623,990 kg CO2e, Scope 2 (location-based) at approximately 260,130 kg CO2e, and Scope 3 at approximately 2,625,130 kg CO2e.
- 2017: Total emissions were approximately 51,354,560 kg CO2e, comprising Scope 1 at approximately 48,782,000 kg CO2e, Scope 2 (location-based) at approximately 343,000 kg CO2e, and Scope 3 at approximately 2,471,000 kg CO2e.
- 2016: Scope 2 emissions were approximately 355,000 kg CO2e and Scope 3 emissions were approximately 2,140,000 kg CO2e.
- 2015: Scope 1 emissions were approximately 48,782,000 kg CO2e, Scope 2 (location-based) at approximately 343,000 kg CO2e, and Scope 3 at approximately 2,471,000 kg CO2e.
- 2014: Scope 1 emissions were approximately 4,624,000 kg CO2e, Scope 2 (location-based) at approximately 251,000 kg CO2e, and Scope 3 at approximately 2,625,000 kg CO2e.
- 2013: Scope 1 emissions were approximately 279,520 kg CO2e, Scope 2 (location-based) at approximately 419,770 kg CO2e, and Scope 3 at approximately 2,792,620 kg CO2e.
- 2012: Scope 1 emissions were approximately 1,586,750 kg CO2e, Scope 2 (location-based) at approximately 279,520 kg CO2e, and Scope 3 at approximately 1,350,450 kg CO2e.
Capricorn Energy has not reported any specific document or SBTi reduction targets, nor has it joined the Climate Pledge. The company's climate commitments and initiatives are not detailed in the provided data. However, the company does track production emission factors, such as carbon emissions per barrel of oil equivalent, and GHG intensity ratios related to employee hours worked.
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Capricorn Energy’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Capricorn Energy yet.
Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Capricorn Energy
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