Public Profile

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.

6

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.

0

Industry Benchmark

Circle Oil plc's score of 6 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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 107,424,000 kg CO2e from Scope 3. This represents a slight increase in Scope 3 emissions compared to 2020, where they recorded 99,884,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. However, it is essential to note that Circle Oil plc is actively monitoring its emissions across all scopes, which is a critical step in addressing climate change. The absence of formal reduction targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Overall, Circle Oil plc's emissions data highlights the need for ongoing efforts to reduce carbon footprints and enhance sustainability practices within the industry.

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20202023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Circle Oil plc's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Circle Oil plc is headquartered in IE, which has a rank of low, indicating low grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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DitchCarbon Score

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