Excelerate Energy

Excelerate Energy, a US-based company operating in the Natural Gas Liquids industry, has reported its greenhouse gas emissions for recent years.

In 2023, the company reported Scope 1 emissions of approximately 596,397,000 kg CO2e and Scope 2 emissions of about 145,000 kg CO2e. This represents a slight increase from 2022, when Scope 1 emissions were approximately 567,125,000 kg CO2e and Scope 2 emissions were around 269,000 kg CO2e. In 2021, Excelerate Energy recorded Scope 1 emissions of approximately 632,413,000 kg CO2e and Scope 2 emissions of about 326,000 kg CO2e. The company has stated that Scope 3 emissions data is not currently available, with a specific mention of missing data points for "purchased goods and services."

Excelerate Energy has set ambitious climate commitments. The company aims to reduce its Scope 1 emissions to near zero by the middle of this decade, with a target year of 2023 for this near-term goal. Similarly, it aims to reduce its Scope 2 emissions to near zero by the middle of this decade, also with a target year of 2023. These commitments are considered part of its near-term strategy.

It is important to note that Excelerate Energy's emissions data is cascaded from its ultimate parent, Excelerate Energy, Inc. This means that the reported figures are inherited through their corporate family relationship.