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Crude Oil Extraction
AU
updated 4 days ago

Elk Petroleum Limited

Company website

Elk Petroleum Limited, often referred to simply as Elk Petroleum, is a prominent player in the oil and gas industry, headquartered in Australia. Founded in 1997, the company has established itself as a key operator in the development and production of hydrocarbon resources, primarily focusing on enhanced oil recovery (EOR) techniques. With significant operations in the United States and Australia, Elk Petroleum is renowned for its innovative approach to maximising oil extraction from mature fields. The company’s core services include the development of oil and gas projects, with a particular emphasis on sustainable practices that set it apart in a competitive market. Elk Petroleum has achieved notable milestones, including strategic partnerships and successful project completions, solidifying its position as a reliable and forward-thinking entity in the energy sector.

DitchCarbon Score

How does Elk Petroleum 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.

0

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.

7

Industry Benchmark

Elk Petroleum Limited's score of 0 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

6%

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Elk Petroleum Limited's reported carbon emissions

Elk Petroleum Limited, headquartered in Australia, currently does not report any specific carbon emissions data. However, the company has set ambitious climate commitments aimed at reducing its carbon footprint. Elk Petroleum has established a long-term target to reduce its Scope 1 and Scope 2 emissions by approximately 450,000 tonnes CO2e by 2030. This reduction is equivalent to removing over 95,000 cars from the road annually, representing a 7% reduction from their baseline emissions. Additionally, Elk Petroleum is committed to achieving a net positive impact on biodiversity by 2030, further demonstrating its dedication to environmental sustainability. These initiatives reflect the company's proactive approach to addressing climate change and its commitment to reducing its overall environmental impact.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Elk Petroleum Limited's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, 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. This request for Elk Petroleum Limited is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Elk Petroleum Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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