Cooper Energy Sustainability Profile
Cooper Energy Limited, commonly referred to as Cooper Energy, is a prominent Australian oil and gas exploration and production company headquartered in Melbourne, Australia. Established in 2001, the company has made significant strides in the energy sector, focusing primarily on the development of natural gas resources in the Gippsland Basin and the Otway Basin. Specialising in the production and supply of natural gas, Cooper Energy is committed to delivering sustainable energy solutions that meet the growing demands of the Australian market. The company’s unique approach combines innovative technology with a strong emphasis on environmental responsibility, positioning it as a key player in the transition to cleaner energy sources. With a solid market presence, Cooper Energy has achieved notable milestones, including successful gas production projects and strategic partnerships that enhance its operational capabilities. As a forward-thinking entity in the oil and gas industry, Cooper Energy continues to contribute to Australia’s energy landscape while prioritising sustainability and efficiency.
DitchCarbon Score
How does Cooper Energy'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 Electricity from Other Sources 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
Cooper Energy's score of 29 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cooper Energy's reported carbon emissions
In 2024, Cooper Energy reported total carbon emissions of approximately 117,176,000 kg CO2e, comprising 99,234,000 kg CO2e from Scope 1, 1,543,000 kg CO2e from Scope 2, and 16,399,000 kg CO2e from Scope 3 emissions. This marks an increase from 2023, when total emissions were about 100,519,000 kg CO2e, with Scope 1 emissions at 91,355,000 kg CO2e, Scope 2 at 1,685,000 kg CO2e, and Scope 3 at 7,479,000 kg CO2e. Cooper Energy has set a significant target to reduce its Scope 1 emissions by 35% by 2030, starting from 2023. This commitment reflects the company's dedication to achieving net-zero emissions in the near term. The emissions data for Cooper Energy is cascaded from its parent company, Cooper Energy (MF) Pty Ltd, which provides a comprehensive view of its carbon footprint. The company has consistently disclosed emissions across all three scopes, demonstrating transparency in its climate reporting. The latest sustainability report indicates a focus on reducing emissions intensity, with a reported intensity of 342,000 kg CO2e per barrel of oil equivalent for Scope 1 and 2 combined in 2024. Overall, Cooper Energy's climate commitments and emissions data illustrate its proactive approach to addressing climate change and reducing its environmental impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 16,244,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 90,000 | 00,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 536,346,000 | 000,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
How Carbon Intensive is Cooper Energy's Industry?
How Carbon Intensive is Cooper Energy's Location?
Cooper Energy'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.
Cooper Energy 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.
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