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 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Carnarvon Energy Limited reported an emissions intensity of approximately 0.0135 kg CO2e per barrel of oil equivalent (boe) under Scope 1 and 2 emissions. This figure reflects the company's commitment to monitoring its carbon footprint within the mineral fuels and oils sector. The emissions intensity has shown a reduction from about 0.0228 kg CO2e per boe in 2022, indicating a positive trend towards lowering its environmental impact. Carnarvon Energy has not disclosed specific Scope 3 emissions data, nor has it set formal reduction targets or climate pledges as part of its sustainability initiatives. The absence of such commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Overall, while Carnarvon Energy Limited has made strides in reducing its emissions intensity, further transparency and commitment to climate targets will be essential for aligning with industry standards and addressing climate change effectively.
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.