Drillsearch Energy Limited Sustainability Profile
Drillsearch Energy Limited, a prominent player in the Australian oil and gas sector, is headquartered in Sydney, Australia. Founded in 2003, the company has established itself as a key operator in the Cooper Basin and other significant regions, focusing on exploration and production of hydrocarbons. Drillsearch is renowned for its innovative approach to resource extraction, leveraging advanced technologies to enhance operational efficiency and sustainability. The company’s core services include oil and gas exploration, production, and development, which are underpinned by a commitment to safety and environmental stewardship. With a strong market position, Drillsearch has achieved notable milestones, including successful drilling campaigns and strategic partnerships that bolster its growth trajectory. As a result, Drillsearch Energy Limited continues to be a vital contributor to Australia’s energy landscape.
DitchCarbon Score
How does Drillsearch Energy Limited'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 Crude Oil Extraction 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
Drillsearch Energy Limited's score of 8 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Drillsearch Energy Limited, headquartered in Australia, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Beach Energy Limited, which may influence its climate-related strategies and performance metrics. As of now, Drillsearch Energy Limited has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). There are no climate pledges or initiatives reported that would indicate a proactive stance towards reducing carbon emissions. Given the lack of specific emissions data and reduction initiatives, it is essential to consider the broader industry context. Companies in the energy sector are increasingly focusing on sustainability and carbon reduction, often setting ambitious targets to align with global climate goals. However, without concrete data or commitments from Drillsearch Energy Limited, it remains unclear how the company plans to address its carbon footprint in the future.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 18,297,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | - |
| Scope 2 | 501,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | - |
| Scope 3 | - | - | - | - | - | 0,000 | 0,000 | 0,000 | 0,000 |
How Carbon Intensive is Drillsearch Energy Limited's Industry?
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Drillsearch Energy Limited's Scope 3 Categories Breakdown
Drillsearch Energy Limited's Scope 3 emissions, which increased by 1% last year and decreased by approximately 11% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Use of Sold Products" being the largest emissions source at 77037618% of Scope 3 emissions.
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Drillsearch Energy Limited'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.
Drillsearch Energy Limited 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.
