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Energean PLC, headquartered in Great Britain, is a prominent player in the gas and diesel oil industry, specialising in the exploration and production of hydrocarbons. Founded in 2007, the company has rapidly expanded its operations across key regions, including the Eastern Mediterranean and North Africa, establishing itself as a significant contributor to energy supply in these areas.
With a focus on sustainable energy solutions, Energean offers a unique portfolio of services, including gas production and oil extraction, distinguished by its commitment to environmental responsibility and innovation. The company has achieved notable milestones, such as the development of the Karish gas field, which underscores its market position as a leader in the transition to cleaner energy sources. Energean continues to drive growth and efficiency in the energy sector, positioning itself as a forward-thinking entity in the global market.
18
DitchCarbon score
+2 vs industry average
Energean’s score of 18 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Gas/Diesel Oil is among the most carbon-intensive industries
Industry performance
0.698
20182025
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Energean's reported carbon emissions
Energean, a GB-headquartered company in the Gas/Diesel Oil industry, reported total carbon emissions of approximately 22.9 billion kg CO2e in 2023. This includes about 428.2 million kg CO2e from Scope 1, approximately 15.4 million kg CO2e from Scope 2 (location-based), and around 22.5 billion kg CO2e from Scope 3 emissions. Specifically, Scope 3 emissions in 2023 were primarily driven by the use of sold products (approximately 21.8 billion kg CO2e) and processing of sold products (around 700 million kg CO2e).
In 2022, Energean's total emissions were about 8.25 billion kg CO2e, comprising roughly 249.6 million kg CO2e from Scope 1, approximately 5.1 million kg CO2e from Scope 2 (location-based), and around 8 billion kg CO2e from Scope 3. The Scope 3 emissions for 2022 included approximately 7.6 billion kg CO2e from the use of sold products and around 500 million kg CO2e from processing of sold products.
The company has set near-term intensity reduction targets for both Scope 1 and Scope 2 emissions. Energean aims to reduce its carbon emissions intensity by over 85% between 2019 and 2025. This commitment highlights their focus on decarbonisation within their operations.
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Energean’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Energean17 days ago
18
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