Public Profile

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.

8

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.

12

Industry Benchmark

Cue Energy Resources's score of 8 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

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 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 remaining consistent at about 263,400 kg CO2e. The company has shown a commitment to reducing its carbon footprint, with a notable reduction in total emissions from 2021, which were approximately 9,086,000 kg CO2e. However, there are currently no specific reduction targets or climate pledges disclosed by Cue Energy Resources. The company continues to focus on minimising its emissions, particularly in the mineral fuels and oils sector, where it has reported Scope 1 emissions per barrel of oil equivalent (boe) produced at approximately 22.0 kg CO2e in 2023, down from 25.0 kg CO2e in 2021. As Cue Energy Resources operates within the global energy sector, it is essential for the company to align its practices with industry standards for sustainability and emissions reduction, especially in light of increasing regulatory and societal pressures to address climate change.

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2021202220232024
Scope 1
8,720,000
0,000,000
0,000,000
0,000,000
Scope 2
263,400
000,000
000,000
000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cue Energy Resources's primary industry is Gas/Diesel Oil, 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. Cue Energy Resources 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.

Cue Energy Resources 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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DitchCarbon Score

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