Cobalt International Energy, Inc. Sustainability Profile
Cobalt International Energy, Inc., often referred to simply as Cobalt, is a prominent player in the oil and gas industry, headquartered in the United States. Founded in 2005, the company has established itself as a leader in deepwater exploration and production, primarily focusing on the Gulf of Mexico and offshore West Africa. Cobalt is renowned for its innovative approach to energy development, leveraging advanced technologies to enhance oil recovery and optimise production efficiency. The company’s commitment to sustainable practices and safety has positioned it favourably within the competitive landscape of the energy sector. With significant discoveries and strategic partnerships, Cobalt continues to make strides in the industry, solidifying its reputation as a forward-thinking energy provider.
DitchCarbon Score
How does Cobalt International Energy, Inc.'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
Cobalt International Energy, Inc.'s score of 3 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cobalt International Energy, Inc.'s reported carbon emissions
Cobalt International Energy, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and climate commitments suggests that Cobalt International Energy may not have established a formal framework for addressing its carbon footprint or engaging in sustainability initiatives. As the energy sector increasingly prioritises climate action, the absence of such commitments may position the company at a disadvantage in an industry that is rapidly evolving towards greater environmental accountability.
How Carbon Intensive is Cobalt International Energy, Inc.'s Industry?
How Carbon Intensive is Cobalt International Energy, Inc.'s Location?
Cobalt International Energy, Inc.'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.
Cobalt International Energy, Inc. 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.
