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Ithaca Energy, a prominent player in the gas and diesel oil industry, is headquartered in Great Britain and operates primarily in the North Sea region. Founded in 2004, the company has achieved significant milestones, including successful acquisitions and the development of key oil and gas assets.
Specialising in the exploration and production of hydrocarbons, Ithaca Energy offers a unique portfolio of services that includes asset management and operational excellence. Their commitment to sustainability and innovation sets them apart in a competitive market.
With a strong market position, Ithaca Energy has garnered recognition for its efficient operations and strategic growth initiatives, solidifying its reputation as a leader in the energy sector.
-3 vs industry average
Ithaca Energy’s score of 13 is lower than 37% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gas/Diesel Oil is among the most carbon-intensive industries
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Scope 3 accounts for ••• of total emissions.
Ithaca Energy, headquartered in GB and operating in the Gas/Diesel Oil industry, reported approximately 435,792,000 kg CO2e in Scope 1 and 2 emissions for 2023. This included about 435,522,000 kg CO2e from Scope 1 and approximately 270,000 kg CO2e from Scope 2. In 2022, their Scope 1 and 2 emissions totalled around 483,325,000 kg CO2e, comprising approximately 482,647,000 kg CO2e from Scope 1 and about 678,000 kg CO2e from Scope 2. In 2021, total Scope 1 and 2 emissions were approximately 497,929,000 kg CO2e, with Scope 1 at about 497,362,000 kg CO2e and Scope 2 at approximately 567,000 kg CO2e. For 2020, Ithaca Energy reported approximately 482,792,000 kg CO2e for combined Scope 1 and 2 emissions.
Ithaca Energy has set a near-term absolute reduction target to reduce all Scope 1 and 2 CO₂ and CO₂ equivalent emissions from its operated assets by 25% from 2019 levels by 2025. This commitment is documented in their 2022 environmental report. The reported emissions data is directly from Ithaca Energy plc.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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