Genel Energy
Genel Energy plc, commonly referred to as Genel Energy, is a prominent independent oil and gas exploration and production company headquartered in Great Britain. Founded in 2011, the company has established a strong presence in the Kurdistan Region of Iraq, focusing on the development of oil fields and the production of hydrocarbons. Specialising in the exploration and production of oil, Genel Energy is recognised for its strategic assets, including the Taq Taq and Tawke fields. The company’s commitment to operational excellence and sustainable practices sets it apart in the energy sector. With a robust portfolio and a focus on maximising resource potential, Genel Energy has positioned itself as a key player in the industry, achieving significant milestones in production and exploration.
DitchCarbon Score
How does Genel Energy'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 Petroleum Electricity 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
Genel Energy's score of 41 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Genel Energy's reported carbon emissions
In 2024, Genel Energy reported total carbon emissions of approximately 100,098,000 kg CO2e for Scope 1, 52,000 kg CO2e for Scope 2, and 825,000 kg CO2e for Scope 3 globally. In the UK, the company disclosed Scope 2 emissions of about 4,300 kg CO2e. In 2023, Genel Energy's global emissions included 61,274,000 kg CO2e for Scope 1, 259,000 kg CO2e for Scope 2, and 41,926,000 kg CO2e for Scope 3, while UK Scope 2 emissions were reported at approximately 9,400 kg CO2e. Genel Energy has not set specific reduction targets or initiatives as part of its climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets disclosed. The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are directly from Genel Energy plc. Overall, Genel Energy's emissions profile highlights a significant reliance on Scope 1 emissions, with a notable contribution from Scope 3, particularly in categories such as capital goods and purchased goods and services. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 816,160 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 507,450 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 3 | - | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000 |
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.
Genel Energy 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.
