Carnarvon Energy Limited, often referred to simply as Carnarvon, is an Australian oil and gas exploration company headquartered in Perth, Western Australia. Founded in 2004, the company has established itself as a key player in the energy sector, focusing primarily on the exploration and development of oil and gas resources in the North West Shelf region. Carnarvon's core business areas include the exploration of offshore oil and gas fields, with a commitment to sustainable practices and innovative technologies. The company is renowned for its unique approach to resource development, leveraging advanced geological and engineering expertise to maximise asset potential. Notable achievements include significant discoveries that have bolstered its market position, making Carnarvon a respected name in the industry.
How does Carnarvon Energy Limited'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 Crude Oil Extraction 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.
Carnarvon Energy Limited's score of 0 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2024, Carnarvon Energy Limited has reported its emissions intensity for Scope 1 and 2 at approximately 0.0117 kg CO2e per barrel of oil equivalent (boe). This figure reflects a commitment to monitoring and managing its carbon footprint within the mineral fuels and oils sector. In 2023, the emissions intensity was about 0.0135 kg CO2e/boe, while in 2022, it was approximately 0.0228 kg CO2e/boe, indicating a trend towards reduced emissions intensity over the years. Carnarvon Energy has not disclosed specific absolute emissions figures or set formal reduction targets, nor does it appear to have cascaded data from a parent company. The absence of detailed Scope 1, 2, and 3 emissions data suggests that the company is still in the early stages of its climate commitments. However, the company is actively engaged in tracking its emissions intensity, which is a crucial step in addressing climate change impacts. Overall, while Carnarvon Energy Limited has not established formal reduction initiatives or targets, its focus on emissions intensity indicates a recognition of the importance of climate action within the energy sector.
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.
Carnarvon Energy Limited 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.