Freedom Oil and Gas Ltd Sustainability Profile
Freedom Oil and Gas Ltd, a prominent player in the energy sector, is headquartered in the United States, with significant operations in key regions across North America. Founded in 2017, the company has quickly established itself within the oil and gas industry, focusing on the exploration and production of hydrocarbons. Specialising in unconventional oil and gas resources, Freedom Oil and Gas Ltd offers unique solutions that leverage advanced technologies to optimise extraction processes. The company is recognised for its commitment to sustainable practices and operational efficiency, positioning itself as a forward-thinking entity in a competitive market. With a strong emphasis on innovation and environmental responsibility, Freedom Oil and Gas Ltd has achieved notable milestones, enhancing its reputation and market presence. As it continues to grow, the company remains dedicated to delivering value to its stakeholders while contributing to the evolving energy landscape.
DitchCarbon Score
How does Freedom Oil and Gas Ltd'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 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.
Industry Benchmark
Freedom Oil and Gas Ltd's score of 14 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Freedom Oil and Gas Ltd's reported carbon emissions
In 2021, Freedom Oil and Gas Ltd reported total carbon emissions of approximately 1,278,400,000 kg CO2e, comprising 1,278,400,000 kg CO2e from Scope 1 emissions and 51,500,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Freedom Oil and Gas Ltd has set significant reduction targets, aiming for a 37% reduction in absolute Scope 1 CO2 emissions from 2019 to 2023. Additionally, they have established a Scope 1 GHG emissions intensity target range of 4.96 to 5.42 metric tons CO2e per gross Mboe produced for 2023, representing a 16.6% reduction in intensity. The company is also committed to enhancing its operational efficiency by planning to exit 2024 with 22 midstream electric compressor units in service, which aligns with their net-zero aspirations for Scope 1 and Scope 2 emissions. Overall, Freedom Oil and Gas Ltd is actively working towards reducing its carbon footprint while maintaining transparency in its emissions reporting.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | |
|---|---|
| Scope 1 | 1,278,400,000 |
| Scope 2 | 51,500,000 |
| Scope 3 | - |
How Carbon Intensive is Freedom Oil and Gas Ltd's Industry?
How Carbon Intensive is Freedom Oil and Gas Ltd's Location?
Freedom Oil and Gas Ltd's Climate Goals (2030 & 2050)
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.
Freedom Oil and Gas Ltd 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.
