FAR Limited, also known as FAR, is an Australian oil and gas exploration company headquartered in Perth, Western Australia. Founded in 1984, FAR has established itself as a key player in the energy sector, focusing on the exploration and development of oil and gas resources across Africa and Australia. The company is renowned for its innovative approach to exploration, particularly in offshore oil and gas projects. FAR's core offerings include exploration services and the development of oil fields, with a commitment to sustainable practices that set it apart in the industry. With significant achievements such as successful drilling campaigns and strategic partnerships, FAR Limited continues to strengthen its market position, driving growth and delivering value to stakeholders in the competitive energy landscape.
How does FAR Limited'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 Crude Oil Extraction 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.
FAR Limited'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.
FAR Limited, headquartered in Australia, currently does not report any specific carbon emissions data, as there are no available figures for kg CO2e emissions. Additionally, the company has not established any documented reduction targets or climate pledges. This lack of data suggests that FAR Limited may still be in the early stages of developing its climate strategy or reporting framework. As of now, there are no emissions inherited from a parent company or cascaded from any corporate family relationships, indicating that FAR Limited operates independently in this regard. The absence of specific initiatives or commitments highlights a potential area for growth in their environmental responsibility efforts. In the context of the industry, it is increasingly important for companies to set measurable climate targets and report emissions transparently to align with global sustainability goals.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
FAR Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
