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.
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.
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.
Cue Energy Resources's score of 0 is lower than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cue Energy Resources reported total carbon emissions of approximately 8,442,000 kg CO2e for Scope 1 and 293,100 kg CO2e for Scope 2, totalling about 8,735,100 kg CO2e. This marks a slight increase in Scope 1 emissions from 2022, where they were approximately 8,311,000 kg CO2e, while Scope 2 emissions remained consistent at 293,100 kg CO2e. In 2021, the company recorded 8,720,400 kg CO2e in total emissions, with Scope 1 at 8,720,000 kg CO2e and Scope 2 at 340,400 kg CO2e. Cue Energy Resources has not established any specific reduction targets or climate pledges, nor do they have any emissions data for Scope 3. The absence of reduction initiatives indicates a potential area for improvement in their climate strategy. The company operates within the mineral fuels and oils sector, which is known for its significant carbon footprint, highlighting the importance of developing robust climate commitments in line with industry standards. Overall, while Cue Energy Resources has made strides in reporting emissions, the lack of reduction targets suggests a need for enhanced climate action to align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 8,720,000 | 0,000,000 | 0,000,000 |
Scope 2 | 340,400 | 000,000 | 000,000 |
Scope 3 | - | - | - |
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.