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Public Profile
Oil Seeds
AU
updated 9 days ago

Horizon Oil

Company website

Horizon Oil Limited, commonly referred to as Horizon Oil, is a prominent player in the oil and gas industry, headquartered in Australia. Established in 1995, the company has made significant strides in exploration and production, primarily focusing on the Asia-Pacific region, including Papua New Guinea and New Zealand. Horizon Oil is renowned for its commitment to sustainable practices and innovative solutions in hydrocarbon extraction. The company’s core services encompass oil and gas exploration, development, and production, with a strong emphasis on maximising resource recovery while minimising environmental impact. With a solid market position, Horizon Oil has achieved notable milestones, including successful project developments and strategic partnerships that enhance its operational capabilities. The company continues to be a key contributor to the energy sector, leveraging its expertise to navigate the evolving landscape of oil and gas.

DitchCarbon Score

How does Horizon Oil'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.

15

Industry Average

Mean score of companies in the Oil Seeds 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.

9

Industry Benchmark

Horizon Oil's score of 15 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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Horizon Oil's reported carbon emissions

In 2024, Horizon Oil, headquartered in Australia, reported total carbon emissions of approximately 42324000 kg CO2e for Scope 1, 16000 kg CO2e for Scope 2, and a significant 610451000 kg CO2e for Scope 3 emissions. This reflects a slight increase in Scope 1 emissions from 34000000 kg CO2e in 2023, while Scope 2 emissions remained relatively stable. The Scope 3 emissions also saw a minor increase from 580000000 kg CO2e in the previous year. Horizon Oil has implemented a notable emission reduction initiative by installing a flare gas recovery compressor, which aims to reduce flare gas emissions by over 25%. This project commenced in 2022 and is expected to conclude in 2024, contributing to their commitment to lower Scope 1 emissions. The company has not set specific Science-Based Targets Initiative (SBTi) reduction targets, but it continues to monitor and report its emissions transparently. The emissions data is sourced directly from Horizon Oil Limited, with no cascaded data from parent or related organizations.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
24,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
11,000
00,000
00,000
00,000
00,000
00,000
Scope 3
480,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Horizon Oil's primary industry is Oil seeds, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Horizon Oil is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Horizon Oil 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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