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 70% 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 2023, Evolution Petroleum reported total carbon emissions of approximately 111,200,000 kg CO2e, comprising about 111,194,000 kg CO2e from Scope 1 emissions and about 6,070 kg CO2e from Scope 2 emissions. This marks a consistent level of emissions compared to previous years, with Scope 1 emissions remaining stable at approximately 111,194,000 kg CO2e since 2021. In 2022, the company recorded similar emissions, with Scope 1 at about 111,194,000 kg CO2e and Scope 2 at approximately 6,050 kg CO2e. The trend indicates that while the company has maintained its emissions levels, there have been no significant reduction targets or achievements disclosed in their climate commitments. Evolution Petroleum has not reported any Scope 3 emissions, nor have they established specific reduction initiatives or targets, such as those aligned with the Science Based Targets initiative (SBTi). The absence of such commitments suggests a need for further action in addressing their overall carbon footprint and aligning with industry standards for climate responsibility. Overall, while Evolution Petroleum's emissions data reflects a stable output, the lack of reduction targets highlights an opportunity for the company to enhance its climate strategy and commitments moving forward.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 15,083 | 0,000 | 0,000 | 0,000 |
| 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.
