Carnarvon Energy Limited Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
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Carnarvon Energy Limited's reported carbon emissions
In 2023, Carnarvon Energy Limited reported Scope 2 emissions of approximately 29,600 kg CO2e in Australia. This figure represents their total emissions from purchased electricity, reflecting their operational impact on climate change. In 2022, their Scope 2 emissions were slightly higher at about 31,000 kg CO2e, indicating a minor reduction year-on-year. Carnarvon Energy has not disclosed any Scope 1 or Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of such targets suggests a need for further development in their sustainability strategy. The company operates within the mineral fuels and oils sector, where emissions intensity is a critical metric. For instance, Karoon Energy, a related entity, reported an emissions intensity of 0.0117 kg CO2e per barrel of oil equivalent (boe) in 2024, which may provide context for Carnarvon's performance in the industry. Overall, while Carnarvon Energy Limited has made some progress in managing their carbon footprint, the lack of comprehensive emissions data and formal reduction commitments highlights an area for potential improvement in their climate strategy.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 50,000 | 00,000 |
| Scope 3 | - | - |
How Carbon Intensive is Carnarvon Energy Limited's Industry?
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Carnarvon Energy Limited'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.
Carnarvon Energy Limited 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.
