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 28 is higher than 93% 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 significant carbon emissions, with Scope 1 emissions totalling approximately 428,252,000 kg CO2e and Scope 2 emissions at about 15,379,000 kg CO2e. The company also disclosed Scope 3 emissions reaching approximately 22,500,000,000 kg CO2e. This data highlights Energean's substantial carbon footprint across its operations. Over the years, Energean has shown a commitment to reducing its carbon emissions. In 2021, the company reported Scope 1 emissions of about 285,362,000 kg CO2e and Scope 2 emissions of approximately 21,568,000 kg CO2e, indicating a focus on managing direct emissions. The carbon emissions intensity for Scope 1 and 2 was reported at 0.0183 kg CO2e/boe in 2021, which reflects ongoing efforts to improve efficiency. Despite the absence of specific reduction targets or climate pledges, Energean's emissions data suggests a trajectory towards lower carbon intensity in its operations. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate commitments.
Unlock detailed emissions data
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 |
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 not committed to any 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.
