I3 Energy Sustainability Profile
I3 Energy, a prominent player in the oil and gas sector, is headquartered in Great Britain and operates primarily in the North Sea region. Founded in 2014, the company has quickly established itself as a key contributor to the energy industry, focusing on the exploration and production of hydrocarbons. I3 Energy is renowned for its innovative approach to asset management and development, particularly in the UK Continental Shelf. The company’s core offerings include oil and gas exploration, production optimisation, and strategic asset acquisition, setting it apart through its commitment to sustainable practices and operational efficiency. With a strong market position, I3 Energy has achieved significant milestones, including successful drilling campaigns and the acquisition of valuable assets, reinforcing its reputation as a forward-thinking energy company dedicated to delivering value in a competitive landscape.
DitchCarbon Score
How does I3 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 Transmission 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
I3 Energy's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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I3 Energy's reported carbon emissions
In 2024, I3 Energy reported total carbon emissions of approximately 19,580,000 kg CO2e, comprising about 8,722,000 kg CO2e from Scope 1 emissions and about 10,858,000 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2023, where total emissions were about 19,576,000 kg CO2e, with Scope 1 emissions at approximately 9,033,000 kg CO2e and Scope 2 emissions at about 10,545,000 kg CO2e. Over the past few years, I3 Energy's emissions have fluctuated, with 2022 emissions recorded at about 16,966,000 kg CO2e, indicating a general trend of increasing emissions from 2021's total of approximately 191,600,000 kg CO2e, which included significant Scope 1 emissions of about 186,097,000 kg CO2e. Despite these figures, I3 Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company operates as a current subsidiary of i3 Energy Plc, with emissions data cascaded from this parent organization. I3 Energy's climate commitments and strategies remain vague, with no specific pledges or initiatives outlined in the available data. The company continues to navigate the challenges of carbon emissions within the energy sector, focusing on transparency in its reporting while seeking to align with broader industry standards.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 98,927,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,940,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is I3 Energy's Industry?
How Carbon Intensive is I3 Energy's Location?
I3 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.
I3 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.
