Capricorn Energy Sustainability Profile
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 32 is higher than 66% 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 1,392,760 kg CO2e for Scope 1, 181,840 kg CO2e for Scope 2, and significant contributions from Scope 3, including 576,200 kg CO2e from business travel and 200,570 kg CO2e from employee commuting. The combined total for Scope 1 and 2 emissions was about 1,574,600 kg CO2e. In the UK, the company’s emissions for 2023 included 113,640 kg CO2e from Scope 1 (stationary combustion) and 149,260 kg CO2e from Scope 2, with Scope 3 emissions comprising 576,200 kg CO2e from business travel and 66,900 kg CO2e from employee commuting, leading to a total of approximately 262,900 kg CO2e for Scope 1 and 2. Capricorn Energy has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is sourced directly from Capricorn Energy PLC, with no cascaded data from parent organizations. Overall, Capricorn Energy's commitment to addressing carbon emissions is evident through its comprehensive reporting across all three scopes, although it currently lacks defined reduction targets.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,586,750 | 000,000 | 0,000,000 | 00,000,000 | - | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 279,520 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 1,350,450 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 000,000 |
How Carbon Intensive is Capricorn Energy's Industry?
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Capricorn Energy's Scope 3 Categories Breakdown
Capricorn Energy's Scope 3 emissions, which decreased by 87% last year and decreased by approximately 42% since 2012, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 33% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 74% of Scope 3 emissions.
Top Scope 3 Categories
Capricorn Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Capricorn Energy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
