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 lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Circle Oil plc's reported carbon emissions
Circle Oil plc, headquartered in Ireland (IE), currently does not report any specific carbon emissions data. However, the company has set ambitious climate commitments aimed at significantly reducing its carbon footprint from its operations. Circle Oil has established a series of reduction targets focused on Scope 1 emissions, which pertain to direct emissions from owned or controlled sources. The company aims for a 66% reduction in carbon emissions from its own distribution of fuel to manned and unmanned mobility locations by 2025. This target will be followed by an 88% reduction by 2028, and ultimately, a 100% reduction by 2030. In addition to its Scope 1 targets, Circle Oil is also committed to reducing Scope 2 emissions, which relate to indirect emissions from the generation of purchased energy. The company plans for a 12% reduction in carbon emissions from energy used for transport by 2028, with a further target of a 30% reduction by 2030. These initiatives reflect Circle Oil's commitment to sustainability and its proactive approach to addressing climate change, aligning with industry standards and expectations for corporate responsibility in emissions management.
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 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.
