Circle Oil plc
Circle Oil plc, a prominent player in the oil and gas industry, is headquartered in Ireland (IE) and operates primarily in North Africa and the Middle East. Founded in 2004, the company has established itself as a key provider of exploration and production services, focusing on oil and gas reserves in strategic regions. With a commitment to sustainable practices, Circle Oil plc offers unique solutions in hydrocarbon exploration and development, leveraging advanced technologies to optimise resource extraction. The company has achieved significant milestones, including successful drilling campaigns and partnerships that enhance its market position. Recognised for its operational excellence, Circle Oil plc continues to expand its portfolio, contributing to energy security while maintaining a strong focus on environmental responsibility.
DitchCarbon Score
How does Circle Oil plc'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
Circle Oil plc's score of 6 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Circle Oil plc's reported carbon emissions
In 2023, Circle Oil plc reported total carbon emissions of approximately 107,424,000 kg CO2e, with emissions distributed across various scopes: 19,389,000 kg CO2e from Scope 1, 11,665,000 kg CO2e from Scope 2, and 76,370,000 kg CO2e from Scope 3. This represents a slight increase in Scope 3 emissions compared to 2020, where total emissions were about 99,884,000 kg CO2e, with Scope 1 at 21,201,000 kg CO2e and Scope 2 at 11,701,000 kg CO2e. Circle Oil has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they are actively monitoring their emissions across all three scopes, indicating a commitment to transparency in their carbon footprint reporting. The company’s emissions per million GBP revenue have improved from 0.133 tCO2e in 2020 to 0.115 tCO2e in 2023, suggesting a focus on enhancing operational efficiency. As a company headquartered in Ireland (IE), Circle Oil plc is positioned within an industry increasingly scrutinised for its environmental impact, and their ongoing emissions tracking reflects a broader trend towards sustainability in the oil and gas sector.
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| 2020 | 2023 | |
|---|---|---|
| Scope 1 | 21,201,000 | 00,000,000 |
| Scope 2 | 11,701,000 | 00,000,000 |
| Scope 3 | 99,884,000 | 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.
Circle Oil plc is not committed to any reduction initiatives 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.
