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.
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.
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.
Evolution Petroleum's score of 0 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Evolution Petroleum, headquartered in the US, reported total carbon emissions of approximately 111,200,000 kg CO2e. This figure includes about 111,194,000 kg CO2e from Scope 1 emissions and approximately 5,690 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions reported, there are currently no specific reduction targets or initiatives outlined by Evolution Petroleum. The absence of documented reduction commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. Evolution Petroleum's emissions data is not cascaded from any parent organisation, indicating that the figures are solely representative of its own operations. As the company continues to navigate the evolving landscape of climate commitments, it may consider establishing measurable targets to align with industry standards and enhance its sustainability profile.
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.