Energean

Energean's reported carbon emissions

Energean, headquartered in GB and operating in the Gas/Diesel Oil industry, reported total carbon emissions of approximately 23.9 billion kg CO2e for 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For the same year, Scope 1 emissions stood at approximately 428.3 million kg CO2e, while Scope 2 emissions (market-based) were about 824,500 kg CO2e and (location-based) were approximately 15.4 million kg CO2e. Scope 3 emissions were substantial, totalling approximately 22.5 billion kg CO2e, primarily driven by the use of sold products (about 21.8 billion kg CO2e) and the processing of sold products (around 700 million kg CO2e). In 2022, Energean's total emissions were approximately 8.5 billion kg CO2e. This included Scope 1 emissions of about 249.6 million kg CO2e, Scope 2 emissions of approximately 739,000 kg CO2e (market-based) and 5.1 million kg CO2e (location-based), and Scope 3 emissions of around 8 billion kg CO2e. Earlier reporting shows Scope 1 and 2 emissions for 2020 at approximately 52.6 million kg CO2e and 23.9 million kg CO2e respectively, with Scope 3 emissions at around 1.5 billion kg CO2e. In 2019, Scope 1 emissions were approximately 47.7 million kg CO2e, Scope 2 emissions were about 36.6 million kg CO2e, and Scope 3 emissions were approximately 872.6 million kg CO2e. Energean has set a near-term climate target to reduce carbon emissions intensity by more than 85% between 2019 and 2025, covering both Scope 1 and Scope 2 emissions. The company is targeting this reduction for Scope 1 and Scope 2 emissions intensity by the end of 2025, based on a 2019 baseline. In 2018, Scope 1 emissions were approximately 48.4 million kg CO2e and Scope 2 emissions were about 45.4 million kg CO2e, with no Scope 3 data disclosed for that year. For 2017, specific emissions data was not available.