Hurricane Energy Sustainability Profile
Hurricane Energy plc, commonly referred to as Hurricane Energy, is a prominent independent oil and gas company headquartered in Great Britain. Founded in 2005, the company has established itself as a key player in the UK’s upstream oil sector, focusing primarily on the exploration and production of hydrocarbons from fractured basement reservoirs. With significant operations in the UK Continental Shelf, Hurricane Energy is renowned for its innovative approach to oil extraction, particularly its unique use of advanced technology to unlock resources in challenging geological formations. The company’s flagship asset, the Lancaster field, has positioned it as a leader in the development of fractured basement reservoirs, showcasing its commitment to maximising recovery while maintaining operational efficiency. Hurricane Energy's strategic focus on sustainable practices and its notable achievements in production milestones underscore its competitive edge in the energy market, making it a noteworthy entity in the evolving landscape of the oil and gas industry.
DitchCarbon Score
How does Hurricane 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 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
Hurricane Energy's score of 16 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hurricane Energy's reported carbon emissions
In 2020, Hurricane Energy, headquartered in Great Britain, reported total carbon emissions of approximately 209,505,000 kg CO2e, which includes 209,421,000 kg CO2e from Scope 1 emissions and 84,000 kg CO2e from Scope 2 emissions. This data is cascaded from their parent company, Prax Upstream Limited, reflecting their operational impact in the oil and gas sector. Despite the significant emissions reported, Hurricane Energy has not disclosed any specific reduction targets or climate commitments, nor have they participated in initiatives such as the Science Based Targets initiative (SBTi). The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. The company’s emissions intensity for Scope 1 is noted at approximately 6.55 kg CO2e per barrel of oil, a metric that highlights their operational efficiency in relation to carbon output. As a current subsidiary of Prax Upstream Limited, Hurricane Energy's climate strategy may align with broader corporate sustainability goals, although specific initiatives or pledges have not been detailed.
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| 2020 | |
|---|---|
| Scope 1 | 209,421,000 |
| Scope 2 | 84,000 |
| Scope 3 | - |
How Carbon Intensive is Hurricane Energy's Industry?
How Carbon Intensive is Hurricane Energy's Location?
Hurricane Energy'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.
Hurricane Energy 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.
