Energean
Energean PLC, a prominent player in the oil and gas industry, is headquartered in the United Kingdom. Founded in 2007, the company has rapidly established itself as a key operator in the Eastern Mediterranean, with significant operations in Israel, Greece, and Egypt. Energean focuses on the exploration and production of hydrocarbons, leveraging advanced technologies to enhance efficiency and sustainability. The company is renowned for its flagship asset, the Karish gas field, which is pivotal in meeting regional energy demands. Energean's commitment to responsible energy production and its strategic investments in renewable energy initiatives set it apart in a competitive market. With a strong emphasis on innovation and environmental stewardship, Energean continues to solidify its position as a leader in the transition towards a more sustainable energy future.
DitchCarbon Score
How does Energean'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
Energean's score of 26 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Energean's reported carbon emissions
In 2023, Energean reported total carbon emissions of approximately 22,500,000,000 kg CO2e, with significant contributions from Scope 1 emissions at about 428,252,000 kg CO2e, Scope 2 emissions at approximately 15,379,000 kg CO2e, and Scope 3 emissions reaching around 22,500,000,000 kg CO2e. In 2022, the company recorded total emissions of about 254,704,000 kg CO2e, with Scope 1 emissions at approximately 249,622,000 kg CO2e, Scope 2 at about 5,082,000 kg CO2e, and Scope 3 emissions at around 8,000,000,000 kg CO2e. Energean's emissions have shown a trend of increasing total emissions over the years, with 2021 reporting approximately 3,069,300,000 kg CO2e, including Scope 1 emissions of about 285,362,000 kg CO2e and Scope 3 emissions of around 8,100,000,000 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, Energean is committed to addressing its carbon footprint. The company has reported carbon emissions intensity metrics, with Scope 1 and 2 emissions intensity at approximately 0.007 kg CO2e/boe in 2023, indicating efforts to improve efficiency in its operations. Energean's headquarters is located in Great Britain (GB), and while specific reduction targets are not outlined, the company is part of an industry increasingly focused on sustainability and climate commitments.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 47,692,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 38,251,400 | 0,000,000 | 000,000 | 000,000 | 00,000,000 |
| Scope 3 | 872,615,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
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.
Energean is committed to some 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.
