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 77% 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, with Scope 1 emissions accounting for the entirety of this figure at 111,194,000 kg CO2e. Additionally, Scope 2 emissions were recorded at about 6,050 kg CO2e. The combined total for Scope 1 and Scope 2 emissions reached approximately 111,200,000 kg CO2e. Despite the significant emissions reported, there are currently no documented reduction targets or climate pledges from Evolution Petroleum. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. Furthermore, there are no emissions reduction initiatives or commitments to the Science Based Targets initiative (SBTi) noted in the available data. As a company headquartered in the US, Evolution Petroleum's emissions data is not cascaded from any parent organisation, indicating that the figures are solely representative of its own operations. The absence of reduction targets highlights a potential area for improvement in their climate strategy, especially in the context of increasing industry focus on sustainability and emissions reduction.
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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.
