Cue Energy Resources
Cue Energy Resources Limited, commonly referred to as Cue Energy, is a prominent player in the oil and gas industry, headquartered in Australia. Established in 1997, the company has made significant strides in exploration and production, primarily focusing on the Asia-Pacific region, including New Zealand and Indonesia. Cue Energy is renowned for its commitment to sustainable energy practices and innovative exploration techniques. The company’s core services encompass oil and gas exploration, development, and production, with a portfolio that includes several producing assets and exploration projects. Notably, Cue Energy has achieved a strong market position, recognised for its operational efficiency and strategic partnerships within the sector. With a focus on maximising resource potential, Cue Energy continues to contribute to the energy landscape while prioritising environmental stewardship.
DitchCarbon Score
How does Cue Energy Resources'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 Gas/Diesel Oil 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
Cue Energy Resources'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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Cue Energy Resources's reported carbon emissions
In 2023, Cue Energy Resources reported total carbon emissions of approximately 8,442,000 kg CO2e, with Scope 1 emissions accounting for about 8,442,000 kg CO2e and Scope 2 emissions at approximately 293,100 kg CO2e. This represents a slight decrease from 2022, where total emissions were about 8,726,000 kg CO2e, with Scope 1 emissions at approximately 8,311,000 kg CO2e and Scope 2 emissions at around 293,100 kg CO2e. In 2021, the company recorded total emissions of about 9,086,000 kg CO2e, with Scope 1 emissions at approximately 8,720,000 kg CO2e and Scope 2 emissions at around 340,400 kg CO2e. Despite these figures, Cue Energy Resources has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets indicates a need for further commitment to sustainability practices within the industry context. Overall, while Cue Energy Resources has shown a trend of decreasing emissions over the past few years, the lack of formal reduction targets suggests that there is significant room for improvement in their climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 8,720,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 340,400 | 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.
Cue Energy Resources 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.
