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 91% 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 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. Additionally, their Scope 3 emissions, primarily from business travel, reached approximately 576,200 kg CO2e. The company's emissions data indicates a significant reliance on Scope 3 emissions, which highlights the impact of business travel on their overall carbon footprint. However, there are no specific reduction targets or initiatives disclosed in their reports, suggesting a need for further commitment to climate action. In the UK, Capricorn Energy's emissions for 2022 were approximately 3,843,310 kg CO2e, with Scope 1 emissions at about 3,659,410 kg CO2e and Scope 2 emissions at approximately 183,900 kg CO2e. The company has not outlined any specific science-based targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. Overall, while Capricorn Energy has made strides in reporting their emissions, the absence of defined reduction targets may limit their effectiveness in addressing climate change.
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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.
