Public Profile

Comet Ridge Limited

Comet Ridge Limited, an Australian energy company, is headquartered in Brisbane, Queensland. Established in 2003, the company has made significant strides in the exploration and development of natural gas resources, particularly in the coal seam gas sector. With a focus on the Bowen and Galilee Basins, Comet Ridge is dedicated to providing sustainable energy solutions that meet the growing demand for cleaner fuel alternatives. The company’s core offerings include the exploration and production of natural gas, with a commitment to innovative techniques that enhance efficiency and reduce environmental impact. Comet Ridge has positioned itself as a key player in the Australian energy market, recognised for its strategic partnerships and successful project developments. With a strong emphasis on safety and sustainability, Comet Ridge Limited continues to contribute to the evolving landscape of the energy industry in Australia.

DitchCarbon Score

How does Comet Ridge 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.

0

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.

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Industry Benchmark

Comet Ridge Limited's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Comet Ridge Limited's reported carbon emissions

In 2024, Comet Ridge Limited reported total carbon emissions of approximately 7,311,000 kg CO2e for Scope 1 and about 28,733,000 kg CO2e for Scope 3. The following year, 2025, emissions increased to approximately 10,363,000 kg CO2e for Scope 1 and about 157,029,000 kg CO2e for Scope 3. Despite these figures, there are currently no specified reduction targets or climate pledges in place. The company has not disclosed any initiatives aimed at reducing its carbon footprint, which is critical in the context of the global push for sustainability and climate action. Comet Ridge operates within the mineral fuels and natural gas sectors, where emissions intensity for black coal was reported at about 990 kg CO2e per MWh in 2022, and for natural gas at approximately 790 kg CO2e per MWh. These figures highlight the environmental impact of their operations and the importance of establishing clear climate commitments moving forward.

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20242025
Scope 1
7,311,000
00,000,000
Scope 2
-
-
Scope 3
28,733,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Comet Ridge Limited'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. Comet Ridge Limited is headquartered in AU, which has a rank of very high, indicating very high 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.

Comet Ridge Limited 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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