Genesis Energy Lp
Genesis Energy, L.P., a prominent player in the energy sector, is headquartered in the United States and operates primarily in the Gulf Coast region. Founded in 1996, the company has established itself as a leader in the midstream and downstream segments of the oil and gas industry, focusing on the transportation, storage, and marketing of crude oil and refined products. With a diverse portfolio that includes pipeline transportation, terminal services, and logistics, Genesis Energy distinguishes itself through its commitment to safety and operational efficiency. The company has achieved significant milestones, including strategic acquisitions that have expanded its infrastructure and market reach. Recognised for its robust market position, Genesis Energy continues to play a vital role in meeting the energy needs of its customers while adhering to high environmental standards.
DitchCarbon Score
How does Genesis Energy Lp'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 Electricity from Other Sources 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
Genesis Energy Lp's score of 16 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Genesis Energy Lp's reported carbon emissions
In 2023, Genesis Energy LP reported total carbon emissions of approximately 2,026,147,000 kg CO2e. This figure includes 2,974,070,000 kg CO2e from Scope 1 emissions, 321,046,000 kg CO2e from Scope 2 emissions, and 692,204,000 kg CO2e from Scope 3 emissions, specifically related to the use of sold products. The company's emissions have shown a significant reduction from previous years, with total emissions of about 3,651,049,000 kg CO2e in 2022, 5,672,805,000 kg CO2e in 2021, and 4,495,002,000 kg CO2e in 2020. This trend indicates a commitment to decreasing their carbon footprint over time. Despite these reductions, Genesis Energy LP has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction commitments suggests that while the company is making progress in reducing emissions, it may not yet have established formalised goals for future reductions. Overall, Genesis Energy LP's emissions data reflects a proactive approach to managing carbon emissions, aligning with industry standards for climate accountability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,815,213,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 353,780,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,366,852,000 | 0,000,000,000 | 000,000,000 | 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.
Genesis Energy Lp is not committed to any reduction initiatives 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.
