Evolution Petroleum
Evolution Petroleum Corporation, commonly referred to as Evolution Petroleum, is a prominent player in the oil and gas industry, headquartered in the United States. Founded in 2003, the company has established itself as a leader in the development and production of oil and natural gas, with significant operations primarily in the Gulf Coast region. Specialising in enhanced oil recovery techniques, Evolution Petroleum focuses on maximising the output from mature oil fields, setting it apart from competitors. The company’s flagship asset, the Delhi Field in Louisiana, showcases its innovative approach and commitment to sustainable practices. With a strong market position, Evolution Petroleum has achieved notable milestones, including successful partnerships and strategic acquisitions that bolster its portfolio. As a forward-thinking entity in the energy sector, Evolution Petroleum continues to drive advancements in resource recovery and environmental stewardship.
DitchCarbon Score
How does Evolution Petroleum'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
Evolution Petroleum's score of 7 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Evolution Petroleum's reported carbon emissions
In 2022, Evolution Petroleum reported total carbon emissions of approximately 111,194,000 kg CO2e. The breakdown of these emissions indicates that Scope 1 emissions accounted for the entirety of this total, at 111,194,000 kg CO2e, while Scope 2 emissions were significantly lower, at about 6,050 kg CO2e. Notably, the company has not disclosed any Scope 3 emissions data. Despite the substantial emissions figures, Evolution Petroleum has not set specific reduction targets or initiatives as part of their climate commitments. There are no reported commitments to the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formalised strategies for emissions reduction at this time. The emissions data is not cascaded from any parent organisation, and all figures are directly reported by Evolution Petroleum Corporation. As the company continues to operate within the oil and gas sector, it faces increasing pressure to enhance its climate strategies and reduce its carbon footprint in line with industry standards.
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| 2022 | |
|---|---|
| Scope 1 | 111,194,000 |
| Scope 2 | 6,050 |
| Scope 3 | - |
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.
Evolution Petroleum 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.
