Heritage Petroleum
Heritage Petroleum Company Limited, commonly referred to as Heritage Petroleum, is a prominent player in the oil and gas industry, headquartered in San Fernando, Trinidad and Tobago. Established in 2018, the company emerged from the divestment of the state-owned Petrotrin, marking a significant milestone in the region's energy sector. Heritage Petroleum focuses on exploration, production, and refining of hydrocarbons, with operations primarily in Trinidad and Tobago. The company is renowned for its commitment to sustainable practices and innovative technologies, which enhance its operational efficiency and environmental stewardship. With a strong market position, Heritage Petroleum has achieved notable success in increasing production levels and optimising resource management, solidifying its reputation as a leader in the Caribbean energy landscape.
DitchCarbon Score
How does Heritage Petroleum'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 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
Heritage Petroleum's score of 18 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Heritage Petroleum's reported carbon emissions
In 2023, Heritage Petroleum reported total carbon emissions of approximately 2,619,225,000 kg CO2e. This figure includes 1,330,353,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 20,429,000 kg CO2e from Scope 2 emissions, associated with purchased electricity. Additionally, Scope 3 emissions totalled 4,324,000 kg CO2e, encompassing indirect emissions from business travel, employee commuting, purchased goods and services, and waste generated in operations. Heritage Petroleum has demonstrated a significant reduction in emissions over recent years. From 2019, when total emissions were about 9,248,293,290 kg CO2e, the company has achieved a reduction of approximately 6,629,068,290 kg CO2e by 2023. This trend reflects a commitment to improving operational efficiency and reducing the carbon footprint. Despite these reductions, there are currently no publicly disclosed reduction targets or climate pledges from Heritage Petroleum, indicating a potential area for future commitment to climate action. The company’s emissions data highlights the importance of ongoing efforts to address climate change within the petroleum industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 9,171,798,570 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 24,634,040 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 51,861,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Heritage Petroleum 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.
