Crescent Petroleum
Crescent Petroleum, a leading independent oil and gas company, is headquartered in the United Arab Emirates (AE) and operates primarily across the Middle East and North Africa. Founded in 1971, the company has established itself as a key player in the energy sector, focusing on exploration, production, and development of hydrocarbon resources. With a commitment to innovation and sustainability, Crescent Petroleum offers a range of services, including upstream oil and gas exploration and production, as well as natural gas processing and marketing. The company is recognised for its strategic partnerships and pioneering projects, which have significantly contributed to regional energy security. Notably, Crescent Petroleum has achieved milestones in enhancing operational efficiency and environmental stewardship, solidifying its position as a trusted name in the industry.
DitchCarbon Score
How does Crescent Petroleum'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 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
Crescent Petroleum's score of 12 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Crescent Petroleum's reported carbon emissions
In 2023, Crescent Petroleum reported total carbon emissions of approximately 248,835,000 kg CO2e, comprising about 248,274,000 kg CO2e from Scope 1 emissions and around 561,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2022, where emissions were approximately 236,898,000 kg CO2e, with 236,333,000 kg CO2e from Scope 1 and 565,000 kg CO2e from Scope 2. Over the years, Crescent Petroleum's emissions have fluctuated, with notable peaks in 2019 at approximately 353,177,000 kg CO2e and a significant reduction in 2021 to about 247,438,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. Crescent Petroleum's emissions data reflects its ongoing operations in the energy sector, where managing carbon footprints is critical. The company continues to report on its emissions, but further transparency regarding reduction strategies and long-term climate goals would enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 111,409,800 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 929,800 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
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.
Crescent Petroleum 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.
