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 5 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 and about 6,070 kg CO2e from Scope 2 emissions. This marks a slight increase in Scope 2 emissions from 6,050 kg CO2e in 2022, while Scope 1 emissions have remained consistent over the past few years. In 2022, the company also reported total emissions of about 111,200,000 kg CO2e, with Scope 1 emissions at 111,194,000 kg CO2e and Scope 2 emissions at 6,050 kg CO2e. The previous year, 2021, saw total emissions of approximately 111,199,470 kg CO2e, with Scope 1 emissions at 111,194,000 kg CO2e and Scope 2 emissions at 5,470 kg CO2e. Despite the consistent levels of Scope 1 emissions, Evolution Petroleum has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or reduction targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, Evolution Petroleum's emissions profile indicates a significant reliance on fossil fuel operations, with a need for enhanced climate commitments to align with industry standards for sustainability and carbon reduction.
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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 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.
