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 20 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Capricorn Energy, headquartered in Great Britain, reported total carbon emissions of approximately 1,139,060 kg CO2e. This figure includes Scope 1 emissions of about 113,640 kg CO2e from stationary combustion, Scope 2 emissions of around 149,260 kg CO2e, and significant Scope 3 emissions, primarily from business travel (576,200 kg CO2e) and employee commuting (66,900 kg CO2e). The combined total for Scope 1 and 2 emissions was approximately 262,900 kg CO2e. In the previous year, 2022, the company’s global emissions were significantly higher, totalling about 14,175,120 kg CO2e, with Scope 1 emissions at approximately 7,862,610 kg CO2e and Scope 2 emissions at around 223,000 kg CO2e. Scope 3 emissions for 2022 were substantial, reaching approximately 6,089,840 kg CO2e, driven by use of sold products and business travel. Despite the high emissions figures, Capricorn Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions data is not cascaded from a parent organization, ensuring that the reported figures are solely from Capricorn Energy PLC. Overall, Capricorn Energy's emissions profile reflects the challenges faced by the energy sector in managing carbon footprints, particularly in Scope 3 categories, which often represent the largest share of total emissions.
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.
