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.
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.
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.
Energean's score of 31 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Energean reported carbon emissions of approximately 428,252,000 kg CO2e from Scope 1 sources. This marks a significant reduction from previous years, with emissions of about 165,070,000 kg CO2e in 2022 and approximately 23,707,000 kg CO2e in 2021. The company has set ambitious targets to reduce its carbon emissions intensity by more than 85% from 2019 levels by 2025, focusing on both Scope 1 and Scope 2 emissions. This commitment reflects Energean's dedication to sustainability and its proactive approach to addressing climate change within the oil and gas industry.
Access structured emissions data, company-specific emission factors, and source documents
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 | 000,000 |
Scope 3 | 872,615,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
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 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.